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Can a debt collector take your home for debts that your mom owe?
Wiki User
∙ 13y ago
Not unless you co-signed for the debts. Or the home was part of your mother's estate. Debts are one of the primary reasons someone should open an estate. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Wiki User
∙ 13y ago
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If a lender purchases a debt and cancels the debt is there a time limit for a debt cancellation?
Cancellation of debts depending on individual circumstances can take a very lengthy time. When a debt is cancelled the creditor/collector is required to send a 1099C to the debtor and the IRS. A portion of the debt then becomes taxable income.
Can a debt collector for a cell phone company take your income taxes?
No. Only the government can take your taxes, but a debt collector can get a court judgment against you and take your pay check.
Does a law firm have to obtain a license to be a debt collector and what agency gives them license?
In most jurisdictions, law firms may take steps to collect debts without any special license. They do have to abide by the debt collection laws for the jurisdiction.
What can you do if debt collector is overcharging your checking account on what you agreed?
If the debt collector is authorized to do a debit withdrawl then there is documentation that you signed authorizing same. If the documentation you signed with the debt collector does not match with the amount being withdrawled from your account, notify your bank immediatly of the fraudulent transactions. Take the documents to the bank. Do not prewarn the debt collector that you are doing this.
Can they take my home with a lien in California?
The question is unclear as to exactly what is being asked. BUT - generally, yes. A lien can be placed against your home for debts owed. If the debts continue to go unpaid, it is possible that the court may force a sale of your home in order to pay off the debt.
Can a credit card company or debt collector take money from your IRA?
No they cannot
Can a debt collector take away child support that is being paid to you?
shure why not
Can a debt collector take goods from anyone in the house?
Depends on the statutes in your state. If you are a self-help state and/or it's an act of replevin, and/or the debt is in the form of rent and the debt collector is the landlord removing an item from his rental property.
What Does it Take to Be a Debt Collector?
A debt collector goes by many names. Some are called recovery agents while others are known as collection assistants. Whatever their title, their job duties are remarkable similar. They are tasked with collecting outstanding debts from the general public, businesses or corporations.What Does a Debt Collector Job Entail?A debt collector is responsible for managing outstanding debts. Debt collectors can be employed by a variety of businesses. Their primary goal is to get people who owe money to the company to pay up. This can be difficult.A large amount of a debt collector's day is spent on the phone. They call debtors and attempt to arrange repayment schedules. When debtors cannot be found or refuse to pay, a debt collector may need to take more drastic measures. This can include filing a small claims suit against the debtor. Debt collectors can oversee wage garnishments, tax refund offsets or bank account seizures.What Do Debt Collectors Earn?Debt collectors are often paid a wage plus a commission for each account they settle. The starting salary for a debt collector averages $13 an hour. The commission and incentive rates vary from company to company. A highly successful commissioned senior debt collector could make as much as $50 an hour with the commission factored in to the hourly wage.What Qualifications Should a Debt Collector Possess?Qualifications vary widely depending on the type of debt being collected. Most collection companies require employees to have at least a bachelor's degree, generally in business management or finance. As the employee's job responsibilities grow, they are expected to continue their education in order to perform their duties.Because a debt collector often deals with sensitive client information, nearly all debt collection agencies require their employees to pass a background check. Many also insist that workers have fairly good credit.A debt collector needs to have a thick skin in order to succeed in the field. Clients can feel threatened and become verbally abusive when contacted about an outstanding debt. Debt collection is a difficult job, but the pay can be incredibly rewarding for those who succeed.
How do you get a debt collector to stop calling?
"If a collector contacts you about a debt, you may want to talk to them at least once to see if you can resolve the matter - even if you don't think you owe the debt, can't repay it immediately, or think that the collector is contacting you by mistake. If you decide after contacting the debt collector that you don't want the collector to contact you again, tell the collector - in writing - to stop contacting you. Here's how to do that: Make a copy of your letter. Send the original by certified mail, and pay for a "return receipt" so you'll be able to document what the collector received. Once the collector receives your letter, they may not contact you again, with two exceptions: a collector can contact you to tell you there will be no further contact or to let you know that they or the creditor intend to take a specific action, like filing a lawsuit. Sending such a letter to a debt collector you owe money to does not get rid of the debt, but it should stop the contact. The creditor or the debt collector still can sue you to collect the debt. "
Credit Card Debt Collection Laws?
Credit cards are unsecured debts; your creditor can't take away any of your property if you fail to pay the debt back in accordance with your card agreement. Your creditor can sell the debt to a collections agency or sue you to recover the debt. Creditors and debt collectors can't engage in underhanded or violent tactics to get you to pay your debts. If you owe money to credit card companies, you should become familiar with your rights. The Fair Debt Collection Practices Act limits the power of debt collectors. Collectors must not harass or intimidate debtors into paying debts, and must inform debtors of their rights upon first contact. Debt collectors must announce themselves; they must begin the call by telling the debtor what company they are from and that they are attempting to collect a debt. The debtor can then tell the debt collector not to call them anymore and the collector must oblige; however, the collector may still contact the debtor to inform him of upcoming litigation surrounding the debt. Debtors may also ask the debt collector not to call them at work. Debt collectors are also limited as to how often, and when, they may call debtors. Debt collection calls may only take place between 9 a.m. and 9 p.m; calls are not allowed at times when it's reasonable to assume a debtor may be in bed. There's no firm rule on frequency of calls, but debt collectors may not call so frequently that it becomes harassment. Debt collectors also may not discuss the debt with anyone other than the debtor. If a debt collector speaks to friends or family of the debtor, he is limited only to asking for a contact number or address for the debtor. Debt collectors may not use intimidation techniques to coerce debtors into paying debts. They may not threaten violence against the debtor and may not verbally abuse the debtor; cursing at the debtor, yelling at her or calling her names are forbidden. Debt collectors also may not make threats that they don't have the power to carry out. For example, a collector may state that his office is going to sue to recover the debt if the office plans to carry out such a threat. However, the collector may not state that the debtor will lose his home due to credit card debt. If a debt collector violates any of the provisions of the Fair Debt Collection Act, the debtor has a right to file a complaint against him with the Federal Trade Commission. In some cases, debtors may sue debt collectors for damages related to violations of this act. Debtors should also contact an attorney if they have any questions about their rights regarding credit card debt, if they are considering filing bankruptcy or if they receive a notice of a lawsuit against them by a creditor or collections agency.
What should people do to get out of debt?
People should pay off their debts and take care of their debts this is th e best way i can tell you By:Aarion Walker
