Help - How To Pay Bills with Coupon

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This forum is to get help related to the course "How To Pay Bills with Coupon. Share and discuss your problems and solutions.

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Continued Payments

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Jailyn

Once we've initiated the process of paying with coupons (or via 1099A), should we stop sending additional payments?  If yes, is there a known way to receive those payments back once they acknowledge our coupons and/or 1099A?

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Tina Scott
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Yes, there is a way you can recoup but I wouldn't stop making payments until you get the companies trained on HOW TO ACCEPT PAYMENTS LOL! However, don't quit trying either

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That would depend on you. There may be short term negative consequences of stopping payment such as: negative credit reporting, potentially even losing your property if the debt is secured by a car or house for example. 

Typically one has to enforce their administrative process before they stop and zero out your account. Until enforced, if I want to advert the negative effect of late payments, I would pay under fraud, duress and extortion. (If paying by check, I would write on it "under fraud, duress and extortion" in the memo field)

In order to move towards enforcement, one would have to established a new contract and show failure to perform under that contract... that is why the next step is a conditional acceptance, followed by a Treasury Contract and lien security against the accused etc.. (Courses on these topics coming soon)

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Pete
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Nice tip! Do you think it'll be a good idea to add the quote within the covering letter as well?