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Can a collection agency charge interest on an account they bought and do you have to pay them since you never entered into a contract with them?
Milsal
Sorry but yes they can. In the original contract there was a clause about what actions could be taken if you defaulted on the agreement and one of those actions is that the account could be turned over to a collection agency. So, even though you didn't directly enter into a contract with the collection agency you agreed to abide by the contract and the collection agency now legally owns the contract.
It works the same way as when you purchase a house. At some point the original lender on a house may sell the contract and you will be paying a different lender.
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Who issue performance bond?
A performance bond is generally entered by a financier, on behalf of an account party, with a beneficiary to secure the performance of that account party's obligation to the beneficiary arising from an underlying contract or instrument.
Errors of original entry?
When a wrong figure is entered in the two books of account.
What is mutual interest?
Contracts of "mutual interest" are such as are entered into for the reciprocal interest and utility of each of the parties; as sales exchange, partnership, and the like. (Blacks Law Dictionary, Fifth Edition - 293)
When did the first time home buyer credit expire?
You must have bought - or entered into a binding contract to buy - a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before June 30, 2010.
What is difference between contract and project?
A contract is a binding agreement which is legally enforceable by law if it is not fuilfilled. Under one project there will be different contracts entered at different periods as per the requirement of the work to be done.
Is a contract valid if the title company entered an incorrect mortgage account number?
Is a mortgage valid if they have a wrong date of birth
Who issue performance bond?
A performance bond is generally entered by a financier, on behalf of an account party, with a beneficiary to secure the performance of that account party's obligation to the beneficiary arising from an underlying contract or instrument.
What is the gameshark code to contract PKRS on Pokemon FireRed ROM how do you use the code once its been entered?
The Gameshark code to contract PKRS on Pokemon fire red ROM can be obtained once you purchase a premium account.
Does a contract with an attorney end after the judgment has entered against you?
No.
Can a collection agency combine 3 different bills under the account number of one of the bills if the bills are for 3 different people in the household and originated from 2 different hospitals?
No, bills relate to contract law and contracts are entered into by people and they cannot combine the accounts of different people. You need to write to them and explain their error and if this has caused you problems ask for compensation.
What is debited?
It is something that is entered into an account as a debt
What is a business contract?
A contract is a legally enforceable agreement between two or more persons. A business contract might just be a contract entered into between businesses or for business purposes.
Can a minor account be open without guardian?
A minor is a person who has not attained the age of 18 years. According to Section 11 of the Indian Contract Act of 1872, a minor is not competent to contract and therefore any contract entered into with a minor is void abinitio (= from the begining) and therefore, are unenforcble.However, banks encourage minors to open savings bank account, without their guardians, as long as that account runs in credit. Thus it helps S inculcate the habit of savings in the minor. The banker must see that he gives noM.J. SUBRAMANYAM, BANGALORE
The amounts that increase the cash account are entered in?
debit
What can you do if credit card company doesn't give you any form of notice that your account has been sold to a debt purchaser?
Some creditors will notify a debtor that if certain agreements are not made concerning the account, the account will be placed for collection. It is not a legal requirement however, and the debt management program does not keep the creditor from taking such action. The debtor will need to negotitate with the collection agency to work out agreeable terms for repayment. More than likely the account will be entered on the credit report as being referred to collections.
What 5 year old who signed a huge movie contract in 1933?
Shirley Temple, born 23apr1928 was 5 when she entered into that contract.
What are the main types of contract entered into in the UK by individuals and businesses?
idendtify & explain the main types of contracts entered into the uk by persons & businesses
