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Debt collection in the UK for Dubai bank is this possible after nine years?
Wiki User
∙ 11y ago
In short YES, I am a debt lawyer here in the UK and it will be possible to prove you owe the debt and it can be sold on to a UK debt collection agency.
Wiki User
∙ 11y ago
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Debt collection in India for loan in bank based in Dubai?
Yes this is possible and is happening and I am speaking from experience.
Can a collection agency pursue a debt for a vehicle repossession that is 13 years old?
There is not a time limit on the collection of a debt. There are statute of limitations set by the state in which the debtor resides or in some cases where the debt was incurred that limits the time for which a lawsuit can be filed by the creditor/collector. It would seem that after the stated 13 years a lawsuit would not be possible with the exception of the debtor having changed the state of residency after the debt was defaulted.
What is the statute of limitations in Maryland for debt collection?
Three years.
What is the statue of limitations in Georgia for debt collection?
6 years.
In Kansas can a debt be returned to the original creditor after a collection agency has the debt?
yes it can, they usually return it when the debt is deemed uncollectable then they can transfer it to a attorney for possible suit.
If you have old debt from another country and a collection agency in the US is trying to collect can they report the debt on your US credit report?
It is possible.
What is statute of limitations on debt collection for the state of Florida?
The time frame on debt collection is 5 years in Florida. Oral contracts and credit cards are going to be limited to 4 years. The time usually starts from the point of last payment or acknowledgment of the debt.
How long can a debt collection agency sue you in Ohio?
In Ohio, the statute of limitations for debt collection lawsuits is six years for most types of debts. After this time period has passed, the debt collector cannot legally sue you to collect the debt.
What is the statute of limitations on verbal agreements in Texas?
For debt collection it is four years in Texas. That is from the last point of acknowledgement of the debt.
Once a debt is given to a collection agency can you get the creditor to take it out of the creditor's hands?
Once a debt is handed over to a collection agency, it's typically out of the original creditor's hands. However, it may be possible to negotiate with the creditor to recall the debt from the collection agency, but this process can be challenging and may require convincing the creditor of your ability to repay the debt directly. It's advisable to communicate directly with both the creditor and the collection agency to explore your options and find a resolution.
Can a collection agency who says they are with a law office sue you if they purchased your debt three years ago from the original creditor in Arizona?
Yes, a collection agency that has purchased your debt can sue you for the outstanding balance, even if it has been three years since they acquired the debt. However, the statute of limitations for debt collection in Arizona is 6 years, so they have up to 6 years to take legal action against you. It is important to seek legal advice and understand your rights in this situation.
Do you have to pay a debt that was on collection for seven years or it would be a waste of money?
It is always best to pay one's debts if at all possible. Most debts are expunged from a person's credit report after seven years have elapsed from the time the debt was defaulted upon. Likewise, in most cases, the SOL for the collection of a debt through civil action will also have expired. That, however does not apply to all debts. The concerned party needs to determine the nature of the debt and the laws of his or her state which are applicable to the matter.
