Yes, once a debt collection agency buys your debt from the original creditor they are legally entitled to all of your debt. Therefore, they can take you to court for any unpaid debts, so long as it is the debt they bought from the original creditor and only that debt.
Once the debt. has been charged off and sold to a outside collection source you must talk to them.
No, PA. does not allow wage garnishment when it pertains to creditor action. Even though a credit card is unsecured debt, that does not mean the creditor does not have legal remedies for collection. They can file a lawsuit, if they win they will enforce a judgment in several ways, bank account levy, liquidation of nonexempt property, or liens against real property.
yes
They would have to get a judgment against you from a court of law first. This is highly unlikely unless the debt is well over 8000+. usually they will just write it off and sell th unpaid debt for pennies on the dollars to a collection agency.
Yes
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.
No
Unpaid employees are priority unsecured bankruptcy claims up to approximately 10,000.
Once the debt. has been charged off and sold to a outside collection source you must talk to them.
Yes
Yes they can and they probably will. if you are concerned about your credit profile, it would not be a good idea to stop paying.
No, PA. does not allow wage garnishment when it pertains to creditor action. Even though a credit card is unsecured debt, that does not mean the creditor does not have legal remedies for collection. They can file a lawsuit, if they win they will enforce a judgment in several ways, bank account levy, liquidation of nonexempt property, or liens against real property.
Yep! If the ambulance company turns your account over to a collection agency that agency might report the collection on your credit. Medical collections are the most common type of collection on a credit report.
yes
35%
They would have to get a judgment against you from a court of law first. This is highly unlikely unless the debt is well over 8000+. usually they will just write it off and sell th unpaid debt for pennies on the dollars to a collection agency.
Unpaid balances owed to insurance companies will be sent to collection agencies and will count against your credit.