Credit Card

September 9th, 2010 by Questions

If the collection agency has accepted for us to make payments, and have accepted the first payment, and now it`s not enough can they take us to court?

Posted from: Ontario


One Response to “Credit Card”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Yes, as soon as you are in a position where you are unable to meet the standard terms on the original financing contract then your creditor has the legal right to take you to court. The collection agency is not obligated to accept payment arrangements if they do not meet the minimum terms of that contract and they can take you to court for collection at any point in time.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)