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i have a question about an unpaid bill?

actually a school bill it started off at 1500 and i got it down to 850 and i missed 2 monthly payment and they sent me a notice in the mail saying that i have to pay the bill in full and theres no way i can do that at this time so what will happen now?? can i still just keep sending them money orders will the except the payments if i dont send it in the 850 all together??

2 Answers

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  • 1 decade ago
    Favorite Answer

    You are in default of your agreement. That means that they can continue to accept payments or refuse the payment and sue you on the contract balance. I would try to make another installment and see if they cash it; then it's all good. If not, go to your bank and borrow the money to pay them off. If you don't have a bank, hopefully you have a trusting relative. If not, take some solace in that it will take more money to sue you on the contract than the money that you owe. Many times, if you become seriously delinquent and pay them nothing and save some money in the interim you can negotiate a much reduced cash settlement. Of course, they can report you to the credit bureau. Good luck!

  • Anonymous
    1 decade ago

    wow, you need to get on that

    pay that bill.

    have someone to help you or something

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