Legal Question in Credit and Debt Law in Indiana
Debt Collections
If a person enters into an agreement to pay a debt to a collection service,that has been listed with a credit reporting bureau,isthe collection service required by law to report payments made?
Asked on 1/25/07, 5:57 pm
1 Answer from Attorneys
Samuel Hasler
Samuel Hasler
Re: Debt Collections
The creditor is supposed to report when the debt is paid in full. If the creditor does not report the debt as being paid in full, you can use the Fair Credit Reporting Act to fix your credit report.
Answered on 1/26/07, 1:21 pm
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