What is the name of your state? MA
Don't know why you're thread was closed, so I hope I'm not violating anything here and I apologize in advance if I am.
Your $800 balance due is more than likely due to interest. It's only $800, I would pay it off on the full amount due. Paid always looks better than settled PERIOD. Settled can possibly can come back and be a pain in the future. There may be tax implications such as that can be considered income earned, if the CA reports the remaining $400 as a loss of doing business. Not postive on that but pretty sure. It maybe something you have to negiotate.
I would pay it off and avoid any worries down the road. get it in writing and have them send you a statement of paid in full. It's only $800. I you can't pay the full $800 at once giving the $160 up front and paying them off in installments is overall you're best bet.
And remember Paid always looks better than Settled.
Don't know why you're thread was closed, so I hope I'm not violating anything here and I apologize in advance if I am.
Your $800 balance due is more than likely due to interest. It's only $800, I would pay it off on the full amount due. Paid always looks better than settled PERIOD. Settled can possibly can come back and be a pain in the future. There may be tax implications such as that can be considered income earned, if the CA reports the remaining $400 as a loss of doing business. Not postive on that but pretty sure. It maybe something you have to negiotate.
I would pay it off and avoid any worries down the road. get it in writing and have them send you a statement of paid in full. It's only $800. I you can't pay the full $800 at once giving the $160 up front and paying them off in installments is overall you're best bet.
And remember Paid always looks better than Settled.