Can they garnish my wages? Do I still have to pay because th

Probab;ly what you can do is open another checkign account and put money monthy which is equal to the agreed monthly payment with the collectionagency

And give them that accoutn number

Hi Moorekr,

"Charge-off" does not mean that you do not have to pay the debt. It means that the creditor has transferred this debt to its collection department or sold off to a collection agency. You are still liable to pay the debt. Well, legally if you have defaulted on your credit card, the creditor can seize your checking account. However, to avoid such a situation you have to negotiate with them.

If they are not ready to negotiate, as in your case, you may give them the checking account info. You can stop the creditor from freezing your checking account with the help of Exempt Income Protection Act (EIPA) which lays down that, checking account cannot be frozen to pay private debts like medical bills, credit cards and bank loans.

never give them any account numbers they like to charge on their terms without authorization any overdraw accounts. Tell them they can
1. accept monthly payments via cashiers check
2. use credit/debit card and they waive all payment fees such as card processing fee

this is what i did

I sent out some checks to collection agenicies without any paperwork. i put account number on top then in comments put "i agree to remove all derogatory comments from credit bureaus within 14 days of check clearing and consider account paid in full by cashing this check". i sent checks to everyone for 50 dollars. I printed the cashed checks off my banks web site mailed to the CRA's showing they agreed to terms of deletion. Remember the people who cash checks dont do customer service and dont check that stuff usually. Very sleazy but i forced them to consider a 10,000 debt paid in full and forced deletions. DO NOT CONTACT COLLECTION AGENCIES

I agree here with Nathan. I had a family member set up these type of arrangements and the collection agency went in and drained the account leaving her with insufficent funds and tons of bouncing checks.
You really need to start at the begining with debt validation and continue on working on a debt settlement, GET IT IN WRITING! You could also ask for a pay for delete. As you see there is alot to do before paying a debt off. Following proper valdation there is settlement offers, PFD's, payment arrangements and much more.