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They can actually do alot, 1st: Company's Collection agency will call you from 8am until 7pm 2nd: They will continue to report you to the credit bearau hurting your credit. 3rd: They will sell your account to a 3 rd party collector, Now you owe that collector. 4th: You will have problems getting loans, Cars, House, Ect. 5th: If still unpaid they will collect the money when you die. There cut will come out oif your estate. So as you can see your best bet is to get it paid asap.
Wiki User
∙ 15y ago
Wiki User
∙ 13y agoThe creditor can sue the debtor in civil court. If the creditor wins a judgment (99.9% of the time they will) said judgment can be ebforced against personal property owned by the debtor, for example a levy against a bank account or lien on real property.
Wiki User
∙ 14y agoSame as before...their BK makes no difference to you, except now the court and creditors are interested in making sure payments are made as they get or get to sell that asset.
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You want a credit but im only seventeen and you dont have a bank account?
your not 18, you can enter into a legally binding contract which is what a credit card entails because your a minor plus your parents are suppsoed to be financially responsible for you till your 18 and that means that they would be responsible for any bill you rack up on a credit card and credit companies don't really go for that, so the credit card is a no go. you can become an authorized user on your parents credit card but then you have to abide by the credit companies and your parents rules sorry kid :( -I'm 18, i looked into this when i was 17 too
if i dont have a credit card then how can i apply for a grant when i cant get a credit card?
if i dont have a credit card ,how can i apply for a grant without one to pay the $2.95 shipping fee
What can credit card companies do to stop identity theft?
dont give ur pin and number through the email but keep it in the mail
How do these companies get away with scams like national credit card service if a fee is requested Consumer dont get no denial letter no credit card They must get caught?
Yes these companies do get caught. Nobody seems to know anything about National Credit Card SVC. Its existence just started evidently. Report the situation to Consumer Complaints Service and you will get results.
Do you have to pay a credit card bill if don't use the credit card?
No, since you dont use the card, you dont have any charges made to the card, you owe the bank/card issuer nothing, you dont have to pay anything except for an annual fees which is included in the credit card statement/bill
If you dont have credit history how are you going to get a credit card to establish credit?
year
What are the three c's of a credit card?
Its theftYou cant have it if you dont have a credit cardWe dont know you!
What responsibilities do credit card companies have to ensure you dont get to much credit from one company?
None. The CC Company can continue to increase your credit amount based on the info they have. You have to be responsible enough to keep your debt managable.
How can you have a valid credit card number on imvu?
You can get a credit card. Or do it via mobile phone or iPod. That way u dont need a credit card.
Where can I find a good credit card?
stick with the big name companies.. dont settle for little no namer companies that will slam you with a high interest rate and no customer service.. try capitalone
Can you buy things from amazon without a credit card?
No. I am very frustrated with that because I dont have a credit card
Is there a limit to late fees and over the limit fees a credit card company can charge?
I really dont think that there is. I had the same problem with my credit card companys. They were not happy with the payments I sent, and kept adding more
