How can you negotiate with the bill collector from Courts Furniture with regards to the outstanding payment?
Answer:
do you owe them a huge amount? What they want you to do is to pay in one lump. First tell them your situation and tell them how much you can afford to pay per month and ask them if you can make payments. If they refuse then write them a letter (send it certified mail with the green return receopt) saying that you offered them $___ per month but that you understand that they have refused you (and state the name of the person, the name of the collection agency and the date they refused you). And send a copy of that to the credit bureaus, to the person or company you owed the money to originally. Then sit and wait and see what they do.
Eventually they will try to take you to court. Don't get excited. Respond to the court document in document form (same as they sent to you but say in the document that you tried to pay but they refused you and send a copy of the letter you sent to them PLUS a copy of your green return receipt form you got back from the post office). Then wait for them to respond. Either they will agree to your payment schedule that YOU have set up or they will call you into court. If you have to go to court then just take a copy of the bill you owe, a copy of the letter you sent (showing you showed good faith and wanted to make payments) and the original and a copy of the green receipt and present it to the judge in court. The judge will make the decision as to how much you will pay or how you will pay, or he will put a judgment against you.
If you get a judgment then just save your money and pay it off when you get a lump sum. The judgment will add interest like a credit card does.. Make a copy of the total payment you make to them (a copy of your check or money order). Remember that you have to pay this amount or it will hurt your credit later on.
Once you have paid them in full. Send a copy of the judgment and a copy of the payment you made (in full which includes the interest per month) to the court. Ask the court to give you a "satisfaction of judgment" and mark your judgment paid on the court records the collector made on you. Then send a copy of the "satisfaction of judgment" you received to all three credit bureaus. About 4 months after you send that to the credit bureaus, ask them for a copy of your credit reports to see that that bill has been marked "paid" on your credit reports. If it has not been cleared yet you need to write the credit bureaus again to tell them to write "paid" on that bill. The item won't be removed from your credit reports until 7 years "after you have made payment in full as of the date they marked that on your credit report". Good luck to you.
Because there is so much involved, it's better that a person get two or three jobs to pay off their debts rather than go thru all the above hassle.
u have to talk nicely and tell them that currently u're facing some financial problem that makes you're not stable. most important, everytime they call you, you must pick up the phone, to ensure that you're honest and not trying to run. i face the same problems as you. when i told them that i have a problems they can consider as long i pay on the day that i promise. even sometimes i was late just because i had no time, they are calling me many times in a day but i just answer all calls.
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