Legal Question in Credit and Debt Law in Illinois
Credit Law
Can a creditor reopen a settled
account if I have paid off the agreed
settlement and have a letter to prove it ?
Asked on 6/09/09, 8:34 am
1 Answer from Attorneys
Adam S. Tracy
Securities Compliance Group Ltd
Re: Credit Law
No, they cannot, provided there was a valid agreement to settle. There are many ways to challenge this, the first being via the Fair Debt Collection Practices Act. There are a number of moving parts here. Feel free to email me: [email protected]
Answered on 6/09/09, 10:16 pm
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