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Yes, the lender/creditor can sue the debtor in the state court in the county where the debtor resides for the debt owed regardless of where that debt was incurred. In some cases, the lender/creditor can send the defaulted account to the National Board of Arbitration bypassing the usual court procedure of a lawsuit. The debtor will be notified in advance of any litigation the lender/creditor chooses to take.
What else can I help you with?
In Florida is a spouse responsible for credit card debt that is solely incurred by the other spouse?
No. Florida like several other states treat marital debts as being separate when they are not jointly incurred.
What is considered a solely incurred debt?
if i need a car and i am in bankruptucy how can i get a letter of incurred debt
Is a wife responsible for debt made by her husband before marriage in the state of Florida?
No. A spouse is not responsible for their spouse's debts that were incurred prior to marriage. The only debt that can be shared post-marriage that was incurred pre-marriage would be debt on an account that you became a joint account holder on after marriage.
What does third world debt?
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
What is the statute of limitation for a debt to be collected in Pennsylvia?
Most debts would be a written agreement. In Pennsylvania they have set the limitation at 4 years.
Is the wife responsible for deceased husband's business credit card debt in the state of Florida?
In Florida, whether a wife is responsible for her deceased husband's business credit card debt generally depends on how the debt was incurred and the nature of the account. If the credit card was solely in the husband's name and used exclusively for business purposes, the estate may be responsible for the debt, not the wife personally. However, if the wife was a co-signer or if the debt was incurred for joint expenses, she could be held liable. It's advisable to consult a legal professional for specific circumstances.
What is the debt incurred by Obama?
$15,000,000
Are you responsible for a debt incurred by your ex-husband on a credit card in your name in Ohio?
The person who is the account holder is responsible for the debt unless it can be proven the debt was fraudulently incurred.
How do you use incurred in a sentence?
The entrepreneur incurred a large debt among his investors.
Is debt shared when married?
In most cases, debt incurred before marriage remains the responsibility of the individual who incurred it. However, debt acquired during marriage may be considered shared, depending on the laws of the state and how the debt was acquired.
What's a partnership when debt incurred before the date of his admission comes due?
What's partnership when debt incurred before the date of his admission comes due?
What does particulars of how and when debt incurred mean?
it means nothing
