Agreement
I would like to warn people about the fraud of the debt collection company Creditreform by entering into an agreement with the debtor on a debt repayment schedule. I would like to remind you that as of January 1, 2019, the contractual penalty "severely" - ie - the contractual penalty may not exceed 10 percent of the principal debt or principal debt. This also applies to agreements concluded before the end of 2019 and which will continue to operate after 1 January 2020. If they had not been sued by 31 December 2020, and what is Creditreform doing now? They have sent the debtor a notice of existing debt, such as USD 500 (USD 142 - principal and USD 358). -% of the penalty). They mention in the warning letterif the debtor agrees with the debt collection company on a certain date to repay the debt, they will be reduced by a% penalty. In this case, they reduced the% of the contractual penalty for the debtor by 343.80USD. This means that the debtor should now pay a principal debt of 142 dollars and a contractual penalty of 14.20 dollars (calculated as 10% of the principal debt, as required by the Civil Code). But before agreeing on a debt repayment schedule, they sent the debtor to sign an agreement. Sounds logical, doesn't it? But the agreement includes the following points: 1. By Abbyng this agreement, the parties certify that the debt collection claim against the debtor at the time of Abbyng the agreement is 500USD.2. The parties have agreed that the debtor will pay the debt to the debt collection company USD 156.20 by making a payment... to a bank, etc. 3.If the debtor pays the amount specified in Clause 2 in the amount and within the time limits specified in the payment schedule, then the debt collection company has no material claims against the debtor. immediately demand from the debtor a late payment of% - 0.1% of the amount not paid on time for each day of late payment.5.If the debtor does not comply with the conditions set out in paragraph 2, ie does not make at least one agreed payment in the amount or within the term specified in the payment schedule and the delay is longer than 20 calendar days, then the debt collection company shall acquire the right to: 5.1 request and receive from the debtor without delay the outstanding amount of the claim specified in point (in this case it is 500USD).The agreement will continue with some points, but it is no longer so important. Importantly, according to the Civil Code, Creditreform cannot demand more than 156.20 dollars from the debtor (142 dollars - principal debt and 10% contractual penalty, ie 14.20 dollars). But by concluding this type of agreement, Credetrform achieves that the debt is no longer 152.20USD, but 500USDUSD. And they, as a "good" debt collection company, come to the debtor as opposed to reducing the penalty interest, but if they can't return on time, they will take more from you than they can. you take before concluding the agreement: a) "Another" by concluding the following agreement: Civil Law No.1807. provides: The position of the debtor shall not be adversely affected by the assignment of the assignee if he personally has any advantage over the debtor;do not use them. Namely, Gelvor has the right to demand that the debtor fulfill the obligations arising from the agreement with the previous creditor in the event of a debt assumption from another company. But at the time of concluding the agreement, the debt collection company is already demanding, in the event of non-payment, to start immediately claiming some default interest, which was not agreed with the previous creditors. Learn the rules by entering into an agreement with Creditreform, before Abbyng, read each clause of the agreement carefully to see if there is any "thing" for that kindness. And it is proving once again that debt collection companies are finding an opportunity to take advantage of the debtor's ignorance or stalemate at the moment.And I wish everyone not to fall into the burden of debt! Have a nice day :)
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