I have incurred a sum of -$4k on paypal and so far paypal have been sending me emails regarding it. Nothing threatening or such but the last one, they said the account is being reviewed for submission to potential collections agencies. I am based in India and the -$ is because of charge backs when a third company went offline for which I was providing services to its members. I have already giving services and they are doing charge backs to me now. I tried to pay some of it by using the 'restore account to zero" but it is not charging my Cc. And instead is asking for cheque payments. I heard Indians are relatively safe from collection agencies. Just wondering about your views too. And also for all the charge backs , does pay-pal refund the buyers already and left me negative, or they are still not paid yet.
Not yet heard about this but let us know if they send any collection agency to you for recovery of negative balance as its huge amount. DON.
If you have provided your correct bank information and address then due to its a huge amount there might be possible that they will get in touch with you with collection agencies