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They can if they got a judgment on your possessions for non payment of debt, otherwise no.
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Can a motorcycle purchased on credit card be repossessed?
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
What do you do if merchant has filed for bankruptcy after you have paid for a purchase with a credit card?
Nothing. You bought - and received - a product or service. You charged it, which means the merchant was paid by your credit card company. Your debt is now to the credit card company, and you owe it whether the merchant is in business or not.
What happens if credit card dues are not paid n credit card company sues you?
they will take your money and repossess your belongings
What will happen if you dont paid your credit card bills?
Your credit card company will report you to one of the three credit agencies, Experian credit bureau, Equifax credit bureau, and TransUnion credit bureau.
What is the journal entry if the company paid for inventory with a credit card?
debit purchasescredit bank
Can a person get a credit card for going through bankruptcy?
After bankruptcy one has to rebuild their credit rating. If or how fast one will get a new credit card depends on the issuing company. Alternatively one can apply for a pre-paid credit card.
How can you cancel contracts with pre paid credit cards company?
According to my knowledge, prepaid credit cards do not have contracts. The reason being is the credit card is prepaid. This means that the card is already paid for, therefore there is no contract to be signed in the first place.
Why aren't credit cards considered money?
They aren't 'money', they're a form of revolving debt. Imagine you use a credit card to buy something for £100. You haven't paid anything, but the company has received £100. At the moment, it is the credit card company who has paid for it. Now however you owe the credit card company that amount, plus some interest. When you pay this, the debt is gone, and the credit card company has made a little on it for their services. So rather than pay £100 now, you pay £105 at a later date.
How would one go about taking a Natural Inground Pool company to court for not providing the installation service that was paid for?
If you paid using a credit card you are within your rights to request that the credit card company returns the money you gave them. and seek legal aid.
I paid for goods with credit card never got goods?
Contact the company and let them know you didn't receive the products. If they are not willing to work with you to resolve the issue call your credit card company and give them the details. They will probably reverse the charges against your credit card
How long can a credit card company keep applying charge off to your credit report after the loan was paid in full?
7 years
In English Law What happens to credit card debt after the death of The card holder?
The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.
