December 27th, 2009 | 
Author: 
David U asked:
I received a settlement letter from a collection agency. I wanted to take advantage of the settlement offer so I sent them a personal check for the settlement amount. I sent it certified mail so I have proof they received it before the offer is to expire. It has been over two weeks and they still haven’t cashed it and I do not want nearly a $1000 check floating out there. Should I put a stop payment on the check and resend a cashiers check before the expiration of the settlement off?
Concepcion Gallinari
I received a settlement letter from a collection agency. I wanted to take advantage of the settlement offer so I sent them a personal check for the settlement amount. I sent it certified mail so I have proof they received it before the offer is to expire. It has been over two weeks and they still haven’t cashed it and I do not want nearly a $1000 check floating out there. Should I put a stop payment on the check and resend a cashiers check before the expiration of the settlement off?
Concepcion Gallinari
Posted in Credit | 
Tags: Advantage, Cashiers Check, Certified Mail, Personal Check, Personal Debt, Proof, Sent Mail, Stop Payment
The check could end up cancelling the check could end up cancelling the check could end up cancelling the settlement offer so wouldnt do that.
The check could end up cancelling the settlement offer so wouldnt do that.
The year time frame if you get rep on the debt check out the second you always be wary.
The settlement offer then claiming you dot your ts sounds to pay them and they.