Legal Question in Credit and Debt Law in Texas
Credit Collection Sttlement
I recived a Settlement form from a credit card company that I previously disputed.50% off original deut.So I called them to negociate,and talked them down to 80% off.They wanted me to do a electronic transfer,but I wanted to send a check to have something on paper.On the check I wrote:acct paid in full as agreed on 9/5/2007.They cashed the check.The deut is still on my credit report,will the credit bureau delete the deut if I send a copy of my statement to verified that I payed in full?
Asked on 10/11/07, 3:10 pm
1 Answer from Attorneys
TC Langford
Langford Law Office
Re: Credit Collection Sttlement
Maybe. It may reflect that it was paid in full based on settlement and compromise.
Answered on 10/23/07, 8:09 am