Re: Debt Collection Issue
let me get this straight.
there was a claimed $1100 in damages but the landlord agreed to accept $519 and if you paid that, they would not send it to the credit reporting agencies but you did not pay the $519 so they reported it. You then negotiated a payoff of $400 and actually paid that and you are wondering if it was proper to report this to the credit reporting agencies?
Is that it?
if so, yes, they can report it because you did not pay the reduced agreed upon amount, In other words, you breached the contract.
You wait for 7 years after the date of first owing the money.
sure, if you want to be sued for $1100.
Should I place a stop payment on the initial $400 because they went about it anyway?
the only real problem I see is the original demand for payment. From what you stated, the LL may have not followed the law that allowed him to make such a demand but since you agreed to pay, it's a moot point now.
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.