I enjoy a debt near TD (credit card) owing roughly speaking 1472. I get a ring from Collect Corp on Thursday wondering if I could pay 1050 by Friday.I told him lamentably if I had

I could pay 1050 by Friday.I told him lamentably if I had of agreed that I had the remuneration that amount 2 weeks ago then I would own been competent to do it but not in sometime! Then he proceeded to tell me that TD may bear legal deed against me...so I asked him if the balance be cleared up by the court date will it still go ahead and he said yes. I don't read between the lines if the balance be paid within full why I would still have to attend the audible range. I also told him I would be able to compensate the 1050 on tues (this coming Tues) and he said it was the running out of the month (Friday) and he didn't know if it would be acceptable and did not return my call on Friday to see if the arrangement was okay.Has anyone else have issues like this (in Canada)? Responses from everywhere are kindness :) Thanks!

Answers:
This is common practice for a sleezy collection agent. They take home threats and harrass people regularly.

I am an American...here's how it works here. (Research your collection law to see how it works there.)

The firs entity you should do is send a stop & desist/validation letter. Refuse to homily to them on the phone. By law, they can no longer call upon you if you make that request.

Negotiate beside them in writing, never on the phone. If they really do filch legal accomplishment, then you will engineer arrangements with the court to earnings it...no big deal...but, try to negotiate beside them so there is no verdict on your credit report.

Collection agencies are notorious for trapping and threatening you. Have you be making payments already on a regular basis? If so, and they hold accepted your payments, verbs as you have be doing in righteous faith. The establishment has a hotline you can name and report these type of calls. You can also update the person that you are cassette this call, ask for their designation badge number, direct phone number, location from where on earth they are calling, get adjectives the details. Keep telling them you are soundtrack their calls, and that you will contact the gov agency to report their harrassing call to you. Change your number, keep making your payments though.
After it is remunerated off, companies provide off the debt to another company and try to collect again - scam. Don't be taken in by their threats, a moment ago apply simple logic - you are making payments, recording their phone up, getting all their information, etc..., and tolerate them know you will report them as harrasment.

If they go forward and sue, it'll permit you enough time (months) to find yourself organized.

Contact the credit card company and offer an arrangement. I get an offer where on earth I paid 50% of the amount.

Good luck !