Accepting Payments

[Anonymous]

Is there any law that states that a collection agency has to accept payments? The collection agency i am dealing with says a lump sum(full amount of 3k) and no payment plan. Thanks for any help

[admin]

To tell you the truth, I don't know. Anyone else?

[Zaphod1130]

While there is no law stating that they must accept payments, If you sent them a first check with a letter stating how you will make the payments and include on the letter that cashing the check will be considered their acceptance of those terms, I would bet good money they would cash your check. Keep negotiating with them, they will accept your payments if it means that it is the only way they will get paid. I have done this myself with a few debts and it has always gone well for me.