Legal Question in Credit and Debt Law in Virginia
my student loan was turned over to a collection agency. I made an agreement to repay every month.
They have now come back and said that the agreement was not going to be honored unless I filled out papers showing my income etc. Is it legal for a collection agency to demand someont to fill out financial papers?
Asked on 12/17/09, 5:23 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Yes, of course; how else would they be able to assess a debtor's ability to pay?
Answered on 12/22/09, 7:04 am