A credit agency refused our payment we sent them. Isn't there a law in the state of Idaho which states that refusal of payment means the debt is paid?
What is the law regarding a business refusing payment on a debt?
http://www.debt.jims-info.com/
Reply:If you are referring to a collection agnency refusing a payment, they are well within the law to refuse anything but the full amount demanded. They are under NO obligation to accept any payments whatsoever. When you default on a debt, the acceleration clauses in every credit card agreement says the debt becomes immediately due and payable IN FULL.
Refusing payment does NOT make the debt void in this type of situation. The terms they are collecting under are the same terms you agreed to when you got the credit card.
Reply:Call your local magistrate judge's office. They can help you get the information you need. All laws are different in every state. Here a business can refuse a payment, has to do so in writing and the bill can be voided as a result. This is only if there is not a prior agreement between the parties for a certain amount. But it is always better to keep good records; bills, receipts, phone logs and get everything in writing from the business. This can be a big help if you need to take any kind of action.
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