No particular language is necessary for this type of report so long as the report clearly conveys the necessary information.
No particular language is necessary for this type of report so long as the report clearly conveys the necessary information.
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The Official Code of Georgia Annotated 9-12-60 addresses the general terms and conditions of judgments in the State of Georgia. This statute was designed to clearly define the force an effect of a judgment taken within Georgia. In Georgia, a judgment is valid and enforceable for seven years from the date it is granted.
Summary: You can pay off a debt to the original creditor if they haven't sold the account to a debt collection agency yet. There is a chance the debt may have been transferred to collections, but that doesn't mean it's too late to reach out to your creditor and settle the debt once and for all.
If you've already paid the debt Don't send original documents ? only copies ? so you can keep the originals as proof. If you don't have documentation of your payments or letters saying you've paid off the debt, you can contact the creditor who you originally paid to get this information.
Here are a few suggestions that might work in your favor: Write a letter disputing the debt. You have 30 days after receiving a collection notice to dispute a debt in writing. ... Dispute the debt on your credit report. ... Lodge a complaint. ... Respond to a lawsuit. ... Hire an attorney.
While debt collectors are not prohibited from making reasonable attempts to collect legitimate debts or from suing you, consumer protection laws do prohibit deceptive and unfair debt collection practices and protect you from harassment, abuse and invasion of privacy.
If a collection is on your report in error, dispute it But that doesn't always happen. For debts that linger longer than they should, file a dispute with any credit bureau that still lists the debt.
Until the debt is either paid or forgiven, you still owe the money. This is true even if it's a credit card debt that is sold to a collection agency and even if you think it's unfair.
Therefore, even if collection agencies came under the umbrage of the law, they can still report to the credit bureau without notifying you. This would cause the debt to appear on your credit report, which will cause your credit score to drop.