Not without suing. It's a credit report. You are not a creditor. If you sued and got a jugdment and she didn't pay then that would be on the credit report
If you are being sued by a credit card company can they take your house?
In general, yes, however if you don't, you will (normally) automatically lose the case.
Only if it is a judgement. If they never sued you, then after 7 years, it will come off of your credit report, and you are no longer liable for the debt.
A consumer's responsibility for a debt is a separate issue than credit reporting. If you owed a debt 5 or 6 years ago, and never paid it, you still owe it. There is a statute of limitations for how long a debt can be collected, another for how long a consumer can be sued over a debt and another for how long a debt can show on your credit report.
If you don't pay your credit card bill... yes.
No. As an authorized user, you are not legally responsible for his debt. Now, credit score wise, even though you did not create the soon to be bad debt, it still shows up on your credit report.
Receiving a summons has no bearing on your credit report. It is, however, an indication that you are being sued over a bad debt. This debt may have already damaged your credit and certainly any legal action would be extremely damaging. It is always in a consumer's best interests to prevent a judgment from being granted against you. Whatever you do, answer the summons and raise a defense in court.
Yes you can.
Your bank sets the limit. But yes.
Of course, and they can be sued if they don't pay.
i just was sued by a lawyer for a credit card debt . i have to appear 12/3/08 im thinking about bankrupcy what should i do
get a job(s!) and pay off the debt
If the management company files it immediately with a credit agency, it may be hours or days.
Evictions do not appear on credit reports unless the person is sued and a judgment is entered against them. Judgments remain on a credit report for 7 eyars. Many judgments are renewable and can therefore remain indefinitely.
Yes, a 'charge off' does not invalidate the debt nor the legal rights of the creditor to collect that debt.
The answer to your question depends on the laws which govern the debt. Morally, if you owe a debt that is 7 years or older and have never paid it, you still owe the debt. The 7 year time period is how long the derogatory information may show on your credit report. There is a separate time period, the statute of limitations, for how long you could have been sued over this debt. Both of these have, most likely, expired.
If the wife was listed as a cardholder (even secondary) probably.
Yes. Even though credit cards are considered unsecured transactions, the account holder can be sued by the original creditor or a third party collector for the debt.
Yes. You can be sued for for unpaid debt no matter where you live. Further more, this debt WILL affect your financial standing in Australia and your ability to get credit here.
The can only garnish if the have sued and were awarded a money judgment. However, the landlord can send the unpaid rent account to a collection agency who may report the debt to the credit bureaus. My blog:www.thelandlorddoctor.com