No, all collection efforst must stop. In reality, your best bet is to either copy and send a discussion about that from a legal website to the creditor, or inform someone at the court and ask they write and tell him to stop.
no
In the state of Texas, yes the creditor can follow for the deficiency balance.
A debt collection demand letter should include the amount owed, the reason for the debt, payment instructions, a deadline for payment, consequences of non-payment, and contact information for the creditor.
A demand letter for debt collection should include the amount owed, details of the debt, payment deadline, consequences of non-payment, and a request for payment. It should be clear, professional, and provide a means for the debtor to contact the creditor to resolve the issue.
Yes, a creditor/collector has no legal obligation to accept payment for anything other than the agreed upon amount. The same premise applies to making less than the minimum payment on credit accounts as well, such action would render the agreement null and void and the creditor can legally demand payment in full.
The duration of Payment on Demand is 1.5 hours.
If bankruptcy is over and the debt was discharged, they creditor is forever barred from taking any action to collect the debt. If the bankruptcy is still pending, the debtor cannot contact you without permission from the bankruptcy court. In either case, you may have a claim for damages against the debt collector.
Payment on Demand was created on 1951-02-15.
The easiest way to find out if you are in a debt collection process is when a debt recovery agency contact you or the creditor some times handle debt collection inhouse. Usually collection agencies send a demand letter but that depends after the creditor turn to collections their receivables
Yes. A creditor can request (even demand) payment of any debt regardless of the length of time or the status of the debtor, (even a deceased one). Whether or not the creditor has legal grounds to instigate litigation against the debtor so that the debtor's personal or real property can be attached or seized, is an entirely different matter.
I Demand Payment - 1938 is rated/received certificates of: USA:Approved
Yes...AFTER BK provides NO protection or change in you obligation