Hi, I have an negative balance of around 50$ from about 4 monthes ago. Paypal has been calling me at least once a week since, eventually locked my account and now has passed it on to NCO. I've been getting calls from NCO and so has my mother. It's basically from a transaction from a game account and the buyer filed an unauthorized claim. I'm technically a minor and my mother is getting kind of fed up with the calls and wouldn't want to pay it off for the reason of the negative balance, however she wants to get this fixed. We talked and she said she would basically tell NCO that I'm a minor and them trying to collect from me isn't going to happen, thing is I said I was 18 during registration, however all other information was real. I am wondering if Paypal/NCO can do anything and if they could possibly sue for listing fake information. Need advice/suggestions, before someone tells me to just pay it off, I want to know what will happen we tell them I'm a minor, or just basically not pay it off. Thanks, regards.
How do you get a negative balance in the first place?? Of course paypal would be a pain in the ass to you, because that's just not normal. I suggest just uploading $50 of funds to your paypal so you are 0 then you are good to go. Also use paypal wisely! When you lie about something, then lie about EVERYTHING, I mean when you give them a fake age, also give them fake address, phone number etc. (or just don't lie about anything and wait till your 18!) Hope this helps.
NCO has been trying to contact me for ages I just keep blocking their numbers and ignoring them. Paypal claims I owe them $46,000 but with interest over it is more like $86,000+ now I believe. This has been going on for almost 2 years now and there is no reports on any of my 3 Credit score's from them or any other company for debt what so ever.
To falsely say it on a contract constitutes fraud, which is a crime. Just pay it off and they will not likely peruse you. I would then promptly close the paypal account, if the catch you they will ban you and you wont be able to get one when you turn 18. To sue they need to prove damages, just being a minor is not a damage as long as you are not trying to burn them. However, there are criminal implications: US Code Title 18 § 1001
Fraud is a good bet to cover misrepresentations, however, I do not believe that Title 18, section 1001 has ever been used in the manner you suggest. Namely, that it is a criminal violation of the title for a minor to say he is over 18 while entering a contract. In most jurisdictions in the United States contracts entered into by minors are voidable at the option of the minor. The laws in this regard are to protect the minor, not the other way around. Personally, I do not even think a persons age is material to the contract in any event. My reason for commenting is the idea that people are telling him there are "criminal implications" for signing up when he was under 18 is misleading at best.
I don't know of any instances either, but I am not familiar with that area of law so I don't know of any court cases where that came up. A contract a minor enters to is not binding for the minor, however it is supposed to be known that the signer is under 18. That is different than lying about your age. Minors are not exempt from fraud. As for it being material, when it is a clause in the contract I think it will be.
never seen or read about anyone went to court for paypal lol is that really true will they open case and police will get you pay or jail ...
Paypal is not a legal entity. Just like stealing from a Walmart is the same as stealing from Jewel, fraud is fraud no matter who you do it to. Now I do now know if they would file a police report, legal discussions like these are theoretical.
If you said you are 18 during registration, it is still fraud, and that does not mean you don't have to fulfill your end of a contract because you're a minor. IF you registered as a minor for the game, then you are legally allowed to rescind your end of the contract because you are a minor, and you don't have to pay the game balance. I'm assuming that you also registered for paypal as if you were over 18 (also illegal), so you are stuck with the bill and you have to pay it.
You should pay it... The situation will be resolved, and if you fight it for being a minor, you could get in even more hot water.
Negatory, there are laws for a reason and contracts for a REASON that state 18 years or older, they are there for safety and legal purposes. They usually cancel the account (ban you etc.), among other things. The fact is that if you are a minor you can not legally make your own decisions your parents are lawfully liable they are required to answer for your mistakes. If the person lies about age it comes down on the parents not the child, as a minor you truly are not screwing yourself you are hurting your parents AS WELL as yourself. That's like saying if you lie about being old enough to buy alcohol, there are age limits for a reason. Pay the fifty, close the account and if you reopen do it under your mothers permission and have her help.
Technically your a minor and you don't legally bind to any contracts so you can't be held reliable is what I'm thinking..? You have to be 18 or older to have any type of contact or anything, and even though you said your 18, your still a minor and the law will not acknowledge that a contact or agreement every existed.
Like I said before, the fault will lay on the parents, you can't just get into trouble and "Act like it never existed" that's a load of crap. How can people not acknowledge that? You don't just acquire debt and it just "Disappears" because you "Weren't suppose too." The person lied, went into debt, and so forth. That doesn't just disappear. So I highly suggest the parents just pay it off. Obviously collectors and stuff are calling his house, you can't just tell them "Oh he was under the age of 18." and they'll go away, they're not gonna say "Oh okay. *Click*". They're going to say "We don't care, you got into debt, that is money legally owed to us. If the child can not pay, the parents are responsible." It's like you permanently co-sign for the child until they hit 18.
False. While minors are not binded to contracts with adults (like you said), the fact that the original poster said they were over 18 makes the contract binding and the debt would fall on your parents.
I agree with this. Minors are not considered eligible to enter into contracts. In addition, get a real lawyer !