Can a partial payment force a creditor to cease collection efforts or halt a lawsuit to collect a debt?
Credit can offer tremendous flexibility for businesses or individuals in managing their finances. Debts can also be incurred in other ways, such as those resulting from a judgment in a lawsuit. Unfortunately, sometimes debts cannot be paid promptly and collection efforts will begin. The debtor, or the person who owes the debt, may wish to […]August 9, 2016