Not exact matches
While it is possible that your credit card issuer will refuse to
accept a
partial settlement of your debt, it is just as likely that you may be allowed to settle
for either a lump sum
payment, a renegotiation of your
payment terms that may give you more time — typically an extra 90 days — or a combination of the two, in order to settle your account before it gets charged - off.
Do not
accept the
partial payment as
accepting partial payment would negate your ability to evict her
for this month.
Never
accept a check
for partial payment with the words, «Full
payment» or similar language written on it.
Here is an example of what I pass out: Minimum credit score of x Criminal checks must not have any felonies No misdemeanors within the last 5 years No evictions $ 75 per adult non-refundable application fee Security deposit of 1.5 x the rent No
partial payments accepted for move in rent or security deposit Pets on a case by case basis
More commonly, they
accept a
partial payment, like $ 2,000; and rather than write off the balance, they sell the balance to a collection agency
for another few thousand dollars.