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Is there a statute of limitation on collecting monies from a life insurance policy?
Wiki User
∙ 15y ago
no there is not. If you can prove who you are and that you are the beneficiary, the Insurance company sometimes pays interest on the money owed.
Wiki User
∙ 15y ago
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What is the statutes of limitation of collecting on monies?
It varies with the type of debt. There is no statute on collecting past-due child support.
Can i collect monies owed to my family since 1966?
Answer: Probably not. You can only sue if you have a promissory note (promise to pay in writing) and they have a short statute of limitations that has likely expired. Check your state statute of limitations. A mortgage would have a longer statute of limitations.
Is there a statute of limitations on collecting payment for medical bills?
The Statue of Limitations on Medical bills can vary from state to state. Anywhere from 3-8 years, if you give me your state I could give you an exact number. Adam Luehrs https://www.klfinancialservices.com
What happens to existing judgments associated with prior homeowners after a home is foreclosed?
The sale of a foreclosed property follows a process of collecting records of all monies due that are attached to the title. Once the foreclosure sale is complete, monies are paid out according to the priority of the claimants. If the sale does not fully pay all monies owed, the prior owners may be liable for the remaining debts.
Do you have to pay tax on a life insurance payout?
No, all monies from life insurance pass tax free. After you set up any kind of vehicle that earns interest, that interest will be taxed.
Can you collect unemployment benefits in Michigan if you are retired?
Absolutely. It is called your "Retirement Pension". You cannot collect "unemployment insurance" monies if you are retired.
Is there a time limit that a third party collector has to collect a debt?
There are not time limits in which the collection of a debt can be pursued. All states do have statutes of limitation which designate the time in which a creditor has to file a lawsuit to collect monies owed.
How do you use monies in a sentence?
Where's my monies...
How can you find out if a person already received monies from their insurance company for a claim?
You can check with the Property Insurance Loss Registar (PILR). This is a tool a lot of insurance companies use to find this information. Maybe a private investigator could help if you cant get the information thru the PILR.
Will your insurance company pay for the damages from hitting a deer if you have PLPD?
The only intitlement of monies will go to that deer, for the deer is someones property(state)and your insurance company may have to pay for its medical bills if it survived the accident, but nothing to you.
What does being an successor in a life insurance policy mean?
A Successor should be named in the policy as a person that personal property and monies will be transferred to after a decedent estate is distributed.
Is monies the plural of money?
Yes, monies is the plural of money.
