Debt Collection & Negative Balance
morgaan1
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Posted on
Jun-15-2022
02:35 PM
If you were transferred from Paypal to ACL for a debt collection, and you pay the debt -- does the negative balance go away from PayPal?
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Balance Inquiry
2 REPLIES 2
sharpiemarker
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Jun-15-2022
03:14 PM
If PayPal handed neg balance over the debt to collection agency potentially affecting your credit history, PayPal balance will be zero’d out/account suspended until you reinstate after paying. If you open another account, it will eventually catch up with your new account. Closed accounts are liable for any negative balances appearing after, too.
Kudos & Solved are greatly appreciated. 🙂
morgaan1
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Jun-15-2022
03:23 PM
I understand, but that wasn’t really the question I was asking.. I’m asking if I have ALREADY paid the Debt collectors, will the negative balance go away from my Paypal?
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