Expert Opinion

Dear Tina, Unfortunately, no, a valid dispute would not be not receiving a bill in two years. Disputes are generally regarding bills resulting from identity theft, stolen credit card or checking information, non-receipt of goods or services, goods or services that are not up to par, bogus charges, etc. However, you are entitled to a copy of the statement. This request can be put into writing and legally; the company must send you a copy. You may be able to dispute any finance charges that have incurred during this time and have the bill reduced to the original amount. Another suggestion is to ask for a settlement. Many credit card companies are willing to settle delinquent accounts for half of the bill. They may even allow you to split up this settlement into payments. The most important thing is to be strong and not commit to anything that you cannot pay. Come up with a payment arrangement that you can adhere to, and as the payments are made, the balance will decrease and seem more feasible.

Do YOU have a question for Melissa? Email at melissa@dovcocs.com.

Melissa Douros Dovco Collection Solutions, Inc.

As the owner of Dovco Collection Solutions, Inc., Melissa Douros uses her eight years of being a collections specialists to offer advice and answer questions pertaining to debt collection. With running her own successful collection agency, she seeks to keep debt collectors accountable for their actions and in line with the law.

Recent Expert Q&A

	Questions About Collections Dear Melissa Douros, I have been paying a collection agency the monthly minimum payment for approximately 1 year now. They have informed me that they are not charging interest. A few days ago, I was trying to reconcile my records as to all the payments that have been made, and my records do not coincide with the colle......
	Career Coach Dear Laura Tirello, I have been at my company for two years and have started looking for another position that offers a better salary. I am not sure how it will look on my resume if I change jobs in that short amount of time. Is it better to stay at a job in order to gain useful experience or should I move onto to anot......
	Questions About Collections Dear Melissa Douros, I recently checked my credit report because I am thinking about purchasing my first home. I have spoken with a lender who pointed out some things that are in collections that would have to be taken care of first. I noticed that a few of the items would be falling off my report within the next month ......

Read More Expert Q&A