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Q:
If a collector refuses a payment plan, does debt become void?

I owe a debt to a collection agency. I offered them a payment plan, but they refused it. The collector said, "that's too little, we have to have at least twenty five dollars a month." If a collector refuses a payment plan, does debt become void? -Cheryl

Cheryl,

Even if the creditor refuses your payment plan, you still owe the debt. That being said, many collectors will apply partial payments if you send them. I recommend that you send what you can. I also recommend that you begin communicating with the creditor in writing. Keep copies of all correspondence for your files.

Good luck,

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