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Can a secured creditor demand there furniture back in discharge?
Wiki User
∙ 13y ago
They can "demand" but they cannot force you to return furniture. However, if a creditor has a security interest in the furniture, then can foreclose (i.e. take back) the furniture if you fail to make payments.
Wiki User
∙ 13y ago
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With a cross collateralized debt when the vehicle was surrendered can the creditor demand payment for deficiency?
In the state of Texas, yes the creditor can follow for the deficiency balance.
Can a creditor or government agency automatically demand payment after a chapter 13 dismissal?
no
Can debtor be put in delay and consequently incur liability even without demand from creditor?
.No.
How is it that the demand for furniture is always up?
Population is ever increasing.
What is value of William fetner furniture?
The value of William Fetner furniture can vary depending on factors such as condition, age, and market demand. It is recommended to consult with an antiques or furniture appraiser for an accurate valuation.
Why does a demand curve for houses shift to the right?
A change in demand of a house shift from right occurs when the availability of land is nt well secured or used it will lead to the change in demand of house. When the price of the consumer is above his expectation. Also the weather condiion can also brought to a change in demand.
Demand for Additional Collateral?
Demand for Additional Collateral(Download)_____________________________________________________________________________________________DEMAND FOR ADDITIONAL COLLATERALPursuant to the security agreement entered into between the parties on _____________________, the secured party deems itself insecure, and demands that you provide additional collateral with a value of $____(______________ & ____/100 dollars) no later than _________________________. The repayment of the security agreement may be accelerated if such collateral is not provided by that time.Dated: ____________________________________________________________________________________ By Secured PartyDemand for Additional CollateralReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This Demand for Additional Collateral can help the creditor improve their security position as well as provide the debtor more time to repay the loan. This can radically improve the probability of improving the collection percentage of the creditor as well. We strongly recommend taking this approach after payment problems have been incurred but prior to other court filings.1. Make multiple copies. Send one to the debtor by mail, another by fax, and keep copies in the related files of the creditor.2. In any settlement and/or court dealings in the future, this good faith step will be held in favor of the creditor for trying to act in good faith and be reasonable. Similarly it can be used by the debtor to avoid extra damage awards (in states such as Massachusetts that provide them, on occasion, under statutes such as their 93A clause) by their good intent by providing the collateral additions. However, notwithstanding that, this is definitely a document that best serves the purposes of the creditor.
Can a debtor be put in delay and consequently incur liability even without demand from creditor?
So you're taking buslaw too huh
Can a creditor refuse a voluntary repossession and still demand payments?
yes, as this would make it easier to obtain a judgment and/or wage garnishment for whatever is owed.
If a minor defaults on a loan does the guarantor have to repay the loan?
The guarantor is liable to pay the entire loan on demand of the creditor plus any collection fees.
Can a creditor demand payment while a chapter 7 is in process?
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.
How to Get a Great Deal on Patio Furniture?
As the cost of outdoor furniture continues to rise, many consumers now choose to purchase their patio furniture on clearance. In order to get a great deal on your patio furniture, consider waiting until summer is in full swing to make your purchase. Demand for outdoor furniture increases dramatically through the early spring months, but tends to drop off rather sharply as temperatures rise. Market experts suggest that savvy consumers look for the "sweet spot," when demand has begun to drop, and retailers are looking to quickly liquidate their inventory.
