How Long Until An Account Goes Into Collections

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• The Collection Agency Sent The Account Back To The Original Creditor

  Despite what a letter may say (see example attached) about a debt collection agency "returning the account to the original creditor" - it's just not true. Should one receive a reply like the attachment, continue with the debt removal steps as usual ...

• How Does One Stop A Collection Agency From Harassing Calls

  The way to stop a collection agency from calling/harassing is to ask for proof of validation. A collection agency may not contact a debtor until this validation (and verification) process has been completed. If a collection agency continues to call - ...

• What If One Never Received A Collection Letter

  In the event that a consumer has never received a collection letter from a collection agency, a collection entry (also known as "tradeline" or "TL") on a consumer's credit report can be considered an "initial communication" triggering a consumer's ...

• Does One Have To Be In Collections To Begin Process

  An account that is CLOSED will have the easiest successes, but students can complete the process even for OPEN accounts and against the original creditor. CLOSED ACCOUNT: Any credit line that is deactivated, no activity is allowed and has been sold ...

• Does The Trust Bank Account Need To Be A Personal or Business Account

  One does not need a business account for the trust except when building corporate credit. What matters is that the account is non-interest bearing.