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Tag Archives: Payment of Intent

What is “payment of intent” in regard to collecting a debt? – Jeri

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My husband passed away this month and he had a Sam’s Club account in his name that they are trying to collect on. The collector said I could settle for 85% of the balance OR make a “payment of intent” but they don’t say how much that is. There is no estate as our only income was from social security. ... Read More »

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