If you get taken to collections over a trivial amount (<$100), its not into taken account for your credit score (latest FICO model fixed that).
Have to go to court for collections? The first words out of your mouth need to be, "Verify the debt." Ask them to produce the document you signed and agreed to. In the vast majority of cases, without this, your case will be dropped with prejudice. This is based on research I did while dealing with a personal mortgage "issue".
If you get taken to collections over a trivial amount (<$100), its not into taken account for your credit score (latest FICO model fixed that).
Have to go to court for collections? The first words out of your mouth need to be, "Verify the debt." Ask them to produce the document you signed and agreed to. In the vast majority of cases, without this, your case will be dropped with prejudice. This is based on research I did while dealing with a personal mortgage "issue".
http://www.thisamericanlife.org/radio-archives/episode/532/m...