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How much time would someone have to make payment once the creditor decides to file a writ of replevin or get the police involved?
Wiki User
∙ 8y ago
There is no set time. You are gambling that things will fall into place before its too late. How long have you driven the vehicle now without paying? 4 months, 6 months, more???? Usually if a lender has to file a replevin, there is NO "catching up". The lender has lost faith in your ability and/or desire to perform the terms of the contract.
Wiki User
∙ 8y ago
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What is a back payment?
A back payment is an overdue payment from a debtor to a creditor on money owed.
How do you make an electronic payment.?
Visit the creditor's website and you should find instructions for that particular creditor.
Can a debt be transferred from one debt collection agency to another if the original agency is unable to collect payment or if the creditor decides to switch agencies?
Of course it can unless there are provisions in your contract with a collecting agency which make it impossible.
Do I still owe if a creditor refuses to give you payment address?
If a creditor refuses to give you payment address, you still owe them money. This might be frustrating but does not get you off the hook.
Does a creditor need to let you know in writing if you are in default of a car payment?
No they do not
What can a repo man do if they dont get paid by creditor?
The only recourse (legally) would be to file suit against the creditor, seeking payment.
Can creditor close the credit card account without notice?
Yes, there is no law that forces a creditor to give credit if he decides not to give it. Some creditors will do this if you do not use your card for a while, even if you've never been late on a payment. (This happened with my spouse's American Express Card, which we tend to use only for Summer travel and Christmas gifts.)
Can you pay a civil judgment in payments?
Usually you can work out a payment plan with a judgment creditor. If you do not have the money now, a payment plan (and settlement agreement) is a cheaper and better alternative to the other collection techniques in the Creditor's arsenal.
Can a creditor repossess a car when the payment is one day late?
Yes Usually they allow a grace period for an arears payment, but they do not have to.
With a cross collateralized debt when the vehicle was surrendered can the creditor demand payment for deficiency?
In the state of Texas, yes the creditor can follow for the deficiency balance.
Can a creditor or government agency automatically demand payment after a chapter 13 dismissal?
no
Is the money that a creditor must by law accept in payment of debts?
Legal Tender.
