Credit card debt
Question: If an individual has no income and no assets,and cannot pay the minimum on his credit card, but manages to pay something every month, can he be put into collections if he is attempting to pay?
Answer: Yes, a credit card company can send your account to a collection agency if you are not making the minimum required payment each month. However, in most cases, if you are making payments the credit card company will continue to work with you, and probably will not send your account to a collection agency.