Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Ive had problems paying my bills and Im trying to set up payment plans but the collectors are demanding full payment. Can they do that?

April 26, 2017bills collectors demanding paying payment plans problems

0

Posted

Ive had problems paying my bills and Im trying to set up payment plans but the collectors are demanding full payment. Can they do that?

1 Answer

0

Posted

Yes. Once your account goes into default, a creditor or collector can demand any amount they wish, up to full payment of the debt. Although many collectors might accept smaller payments on a regular basis, they are not obligated to accept any offer you make them.