It's unclear to me from your question if you and the creditor have an agreement that requires you to make $50 payments each month on your past due account to avoid having it sent to collections or if you decided on your own that $50 is how much you will pay each month in order to get caught up on the account.
It's also unclear if your account is in collections now or if you are concerned that it could be sent to collections.
If you have an agreement with the creditor (in writing I hope) and you are living up to all of its terms, then your account should not be in collections.
If it is, I suggest that you contact a consumer law attorney in your area. For a free referral to a consumer law attorney in your area, go to www.naca.net.
If your account is past due but not in collections yet, it's possible that the creditor will turn it over to a debt collector despite the fact that you are paying $50/month on the account.
Whether or not that would happen would depend on a number of factors including how long the account has been past due and whether your $50 monthly payments represent the minimum your are obligated to pay each month, or something less.
If you are worried that your account may be sent to collections, I suggest you set up an appointment with a nonprofit credit counseling agency to see if it can help you work out a payment arrangement you can afford with the creditor. (Go to www.nfcc.org to find an agency to work with.).
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