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If you are sure of the data, take this up with the court that made the award.
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What happens when a medical bill goes to collections?
At its discretion, the medical biller will report to one or more credit reporting agencies that the debt has gone to collections. The collections agency will report it, as well - also at their discretion. You can negotiate for payment with the collections agency.
Can a collection agency sue you for a medical bill that was from 4 years ago is from more than 4?
Yes, a collection agency can still legally pursue action to collect on a debt that is more than four years old, depending on the statute of limitations in your state. It's important to know your rights and seek legal advice if you receive any legal notices regarding the debt.
Can you have more than one judgment?
If you fail to pay more than one person or debt, Yes, of course.
What is vacate garnishment order?
Vacating a civil judgment nullifies the court's original decision. If the judgment was levied due to unpaid debt, any garnishment must immediately cease. Read more at Suite101: [http://www.suite101.com/content/vacating-a-civil-judgment-for-unpaid-debt-can-stop-garnishment-a234018#ixzz15UVivDRu '''Vacating a Civil Judgment For Unpaid Debt Can Stop Garnishment'''] [http://www.suite101.com/content/vacating-a-civil-judgment-for-unpaid-debt-can-stop-garnishment-a234018#ixzz15UVivDRu '''http://www.suite101.com/content/vacating-a-civil-judgment-for-unpaid-debt-can-stop-garnishment-a234018#ixzz15UVivDRu''']
What is worse a judgment or bankruptcy?
Judgements are a legal determination that you owe a debt to a person/co, and that allows them additional methods of collection, like garnishing wages or seizing assets. Someone or thing who is very wealthy and has more than enough to pay the debt may have a judgment put against them for failing to pay...basically they are choosing not to pay what they should and the creditor needs help collecting. Bankruptcy is a legal process that protects one from those looking to collect the debts owed...that are unpaid because the person/co in debt is so in debt, that they are incapable of paying them. So the Court takes control and uses the assets to pay a much as can be paid..generally discharging the rest of the debt. It gives someone with overburdening debt a "fresh start"...basically from 0...but considering they were negative before, that is a big advantage.
Can a debt collector charge you more than your original debt in Texas?
Only if interest is provided for in the instrument creating the debt. If the creditor tries to charge interest to which a debtor did not agree, then that constitutes usury and can, in some instances, wipe out the debt altogether. In some states, the creditor may be entitled to collection costs. ==Additional Information== If the debt collector is collecting on a money judgment rendered by a court post judgment interest accrues and can considerably increase the amount of the debt.
What options do creditors have to collect on signature loans?
Any and all legal remittances for recovery of balances outstanding. It does not matter if it was a signature loan or one involving a phone book of paperwork; in both you ultimately agreed to the terms of the loan. As for the creditor, they can place the account in collections, reflect the bad debt on your credit, reposes assets and sue you. If they sue, and was awarded judgment, they would then also have the ability to levy or garnish you bank accounts, wages, force foreclosure or involuntary bankruptcy (balance depending) and more. More worst the could sell the account to a debt buyer or collections agency that specializes in collecting such accounts, which much more aggressively goes after the money.
Can the State of New York file a judgment for an alledged student loan debt that is 37 years old?
Proof would have to be presented that the debt was valid before a judgment could be entered against the debtor. Since a judgment was entered then acceptable validation must have been provided to the court. Student loans both state and federal do not have SOL's, so the judgment is more than likely valid and enforceable.
How long can a bill collector try to get their money?
Collections agency typically are given a year or more to collect on any account before it is sent on to another agency by the creditor. Some creditors use individual agencies exclusively and do not continue to forward accounts. By federal law, activity to secure paymant against a debt may continue for seven years from the date of last payment. In the event the debt has not been paid in full, the creditor may seek judgment against the debtor. In this event, judgment extends the time to ten years from the date of the judgment. If the creditor is unable to satisfy the judgment in ten years, they may petition the court for an additional ten years. Effectively, debt collections activity, if planned right can extend for twenty-seven years.----------------------------------------------------------------------------------------Every state has its own Statute of Limitations.For example, a written contract can have a Statute of Limitations of 3-15 years, depending on the state.
What happens to your debt when you go overseas. Can a USA debt collection company follow you?
It depends on the law of the jurisdiction where you live. Some will not recognize a U.S. judgment. Others will. It does make it more difficult for your creditors to collect from you. The debt, however, remains outstanding.
When to Consult with a Collections Attorney?
A collections attorney aids businesses in securing payment from deadbeat clients. The attorney is well versed in collections laws and therefore has better knowledge on how to effectively resolve delinquent accounts from clients who would not otherwise pay the debt. The process of hiring a collections attorney is arduous. It requires an attorney with specialized education in order to achieve the greatest results.When to Consider Hiring a Collections Attorney90 Days Past Due- If a client is 90 days past the due date on the first billing cycle, it may be time to hire a collections attorney. When an account is that seriously delinquent, it is safe to say they have no intention of paying. A collections attorney has everything necessary to collect the money. If the client has made an attempt to make a payment on the account, it should not be passed to the collections attorney until the next missed payment cycle.Amount of Money Due- Since collections attorneys receive a percentage of the money that is recuperated, it is important to determine what amount of debt should be considered for his or her office. If the debt is below $100, it may be better to simply write the total amount off as a business loss. The money can be recuperated at a later date if the same client wishes to do further business with the company.Why Collections Attorneys are SuccessfulPeople are afraid of attorneys because they know it could be the last stop before they are taken to court and a judgment is lodged against them. A judgment for failure to pay is serious and can literally halt any loans from other lending institutions. People do not want a judgment against them because it stays on court records and on the credit rating until the debt is paid off. It can then take many years to clear the bad information from the credit report.Collections attorneys take a percentage of the money they collect for the company. They perform actions such as phone calls to the delinquent client, mail letters to the client and take the client to court if the debt becomes more seriously delinquent. Attempting to collect from a stubborn client who refuses to pay his or her bills requires a stronger arm to fight the battle. A collections attorney is the wisest choice for businesses to gain positive results.
What happens to accounts that have been in collections for 8 or more years?
Check the statute of limitations in your state. I would be asking some other questions: Is it a valid debt? If so, why isn't it paid after 8 years? If it is not, why have you not disputed the debt? A valid debt almost never goes away until it is paid.
