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What else can I help you with?
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
Is it possible that you will be put in jail if you did not pay the credit for 1 year in Kuwait?
In the current environment, there is a low likelihood that one will be put in jail for not paying debt in Kuwait. The government has been moving towards a "someone in jail cannot pay their debt" stance for a while and, given the Iranian bailout, most of the banks are looking to work with consumers to rework outstanding loans. Speak with the financial institution(s) that you have loan(s) with and workout the debt with them.
What is a viable method use to collect outstanding debt?
A method to collect outstanding debt is to take legal action. If you sue or threaten to sue someone for a debt, they are likely to pay.
What is an outstanding balance after you pay your debt?
It is what is left over. You may pay a debt in full but often there is still a small balance due to interest or fees.
Is a viable method to used to collect outstanding debts?
A method to collect outstanding debt is to take legal action. If you sue or threaten to sue someone for a debt, they are likely to pay.
What is viable method used to collect outstanding debts?
A method to collect outstanding debt is to take legal action. If you sue or threaten to sue someone for a debt, they are likely to pay.
What is the consequence of printing money to pay off the debt?
You spend time in jail for 15 years and you have to pay.
What happens when mom dies and has no estate except life insurance and outstanding credit card debt does executor have to pay the outstanding debt?
Yes, the executor has to pay the debt. Debts are one of the primary reasons someone should open an estate. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Tax debt is what type of debt to a company?
Tax debt refers to the tax paid on the amount of debt the company has outstanding still. This varies significantly by company and non-profits do not pay tax.
Is the surviving spouse responsible for outstanding debt on the voluntary repossession of a vehicle when they are a cosigner on the loan?
If there are payments outstanding, you, the co-signer, are responsible. That's the point of being a co-signer; you agree to pay the debt if the primary cannot.
If your house is repossessed due to a secured loan and there is not enough equity to pay the loan what then happens to the secured loan?
You will be liable to pay the debt outstanding.
Can car loans submit your debt to IRS as income and make you pay taxes?
They must submit the amount of cancelled debt...outstanding debt they claim as still due, they could not report.
