What happens if I ignore a collection notice?

If you ignore a collection notice sent to you in the state of Delaware, the creditor may take you to court to recover what you owe them. If the creditor wins the court case, you may be ordered to pay the debt in full or have the debt taken out of your wages, which will be sent directly to the creditor. The creditor may also place a lien against your property or assets to ensure that they get their money. Once the lien is placed, you may not be able to sell or use the property or assets until the debt is paid off. If the debt is not paid off in full, the creditor may also take you to a collections agency, a company that specializes in collecting debt. The collections agency will add fees and interest to the amount you owe and may take other measures to force you to pay. The agency may contact you directly by mail, phone, and email with demands for payment, and they may even report the delinquency on your credit report. In short, ignoring a collection notice is not a good idea. Collection agencies are aggressive about collecting debts, and the longer you wait to pay the debt, the more likely it is that the creditor will take you to court. It is best to contact the creditor and attempt to negotiate a payment plan or settlement as soon as you receive the collection notice.

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What happens if I ignore a collection notice?

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