I'd request the President bail US out!
However I think the best thing to do would be to offer a payment plan, no matter how small the monthly payment. CC companies dont want to go to court anymore than you do!
Immediately contact your credit provider, apologize for the situation and ask what you can do about it. There will be a solution, and they would much rather you work with them to find this solution rather than bury your head in the sand and hope the debt will go away. It won't. With luck you'll find a way of explaining how you've let the matter reach the summons stage.
How do I report an unpaid bill to a credit bureau?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Only the card expires, not the line of credit it is attached to. So interest will still accrue on the unpaid debt.
Immediately contact your credit provider, apologize for the situation and ask what you can do about it. There will be a solution, and they would much rather you work with them to find this solution rather than bury your head in the sand and hope the debt will go away. It won't. With luck you'll find a way of explaining how you've let the matter reach the summons stage.
No
sure they can but they cant collect or that is what happens in texas they can get an injunction against you but that means you have to pay them but not when Absolutely. You own them the money and they can hire an attorney or sell the debt to a collection agency.
Yes, only a reasonable attempt to serve a civil summons is necessary. If the defendant is not located, refuses service of the summons, etc. the creditor's suit will be heard and usually a default judgment will be entered against the defendant.
How do I report an unpaid bill to a credit bureau?
Do not ignore it. Go to court. They can not put you in jail for owing money but they can for contempt of court. Explain you problem to the judge and he'll help you unless you do this all the time.
Unpaid traffic tickets are not reported to the credit bureaus.
no
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
a "credit balance" is money that you have.
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?