0
Yes they can. Whomever you owe money too, sit down and start writing those letters to one or more companies you owe the money. Explain your circumstances, then send the letter(s) Registered Mail (this means someone at the Company such as the Accountant will have to sign for your letter) and be sure to keep a copy of the letters you write. Make a good effort to pay what you can afford. If you pay $10 - $20 on a credit card debt and have written the company they can't legally do anything about it. You can also have them lower their interest rates! Marcy No they cannot threaten any action whatsoever, as stipulated in the FDCPA. Any collection agency that alludes or actually threatens a consumer/debtor is subject to being fines and other penalties. Such action should be reported to the involved party's to the justice department of the state attorney general office.
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
What automobile company introduced the Phantom Car Collection?
The car company the introduced the Phantom Car collection is Rolls Royce. These cars are made in the United Kingdom and each car is made to suit the customer.
Can a repo company put a seize on your license and license plate and threaten to have you charged with a felony if caught driving the car they are trying to repo?
No, that is the job of the company that gave you the loan. The repo company can take your car the second they find it, but the real expense and trouble comes from the loan company you stole from. If you do not release the car you are in possession of stolen goods after a court judgment.
Can a collection company take your car to pay a debt if they have a judgment already filed against you?
I don't think they can take your primary car or home but they can make your life a living hell. Ask a lawyer just to be on the safe side.
Can a collection company take away the only car you have for a 4000 dollar debt if your car is worth 10000 dollars in value?
It depends upon the amount of vehicle exemption that is allowed by the state in which the car is registered or was purchased.
Can a credit card company take your car in Kansas?
A credit card company can sue you and receive a judgment in court demanding you repay your debt, but they can't take your car (or any other property) or put you in jail. Check out the Fair Debt Collection Practices Act for your rights as a consumer.
Can the repo company take your car out of the county you live in?
Yes they can take the car were they need for safe storage. Just FYI if the repo company has the car it's no longer yours.
Been in jail 9 months car in collection want to start making payments?
Contact the lending company.
Can a credit card debt take your car if it is not paid for?
In 2006 a credit card collection company took my 1997 Pontiac Grand Am...I called the police, but they had paperwork to prove they could take it, thank god the motor was blown...now they are still coming after me with the same balance as I had before they took the car.
Can a credit card company go after the car of a deceased person to satisfy unsecured debt?
A credit card company can sue someone for defaulting on debt. When they do this, they can be awarded a judgment. If the debtor has assets, such as a car or checking account, then they can be awarded those things. For property, usually the items are auctioned so that the collection agency (credit card company) can get the cash. If the person is deceased, you may be able to transfer ownership of the car before the credit card company tries to take it. Unless you are listed on the debt as a joint account owner, you are not liable for it. the FDCPA spells out your rights in terms of debt collection.
Can a co-signer call call the loan company to reposed your car?
yes they can call and take such action with the loan company that the loan company can then decide to take your car or call in the loan for full payment
If a car is stolen but there is no damage do i have to take it back?
If you have not settled with the insurance company you will have to take it back. If the insurance has paid out it is their car.
Can a loan company that has a lean on your title to your car just comae and take your car?
Yes.
