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They don't unless you let the debt go and either the attorney or debt colletion agency reports it as part of their collection efforts. If that happens it can seriously damage your credit.

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โˆ™ 2009-08-15 02:59:37
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Credit and Debit Cards

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The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

How do you know which transactions are awaiting your approval

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Credit and Debit Cards

21 cards

The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

How do you know which transactions are awaiting your approval

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See all cards

Math and Arithmetic

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Please Evaluate this algebra expression -4 -3

Joe borrowed 8000 dollars on a one year note at 13 percent how much will joe owe when the note comes due

How much time will a 500 investment need to earn 100 in interest at a rate of 10 percent per year

1000 dollars in a savings account pays 7 percent interest per year The interest earned after the first year is added to the account How much interest is earned on the new principal the following year

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Q: Does attorney fees debt affect credit?
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Related questions

What is credit card debt negotiation for?

Credit card debt negotiation can be used to dispute any unauthorized fees and charges. It can also be used to negotiate terms (such as interest fees, late payments) and lower one's assumed debt.


What fees does Consumer Credit Counseling offer for debt consolidation services?

The fees needed by the Consumer Credit Counseling offer for their debt consolidation services would be around fifty US dollars. They will assist people who are having problems with managing debt.


Can overlimit fees on credit cards affect your credit?

yes


What does credit debt reduction mean?

Credit debt reduction refers to the process of trying to reduce someone's debt through various means, such as renegotiating debt repayments, debt forgiveness, reduced interest rates, or eliminating late fees.


How can credit card debt be reduced?

Firstly, credit card debt can be avoid by paying you credit card bills in a timely manner, avoid late fees and high interest. Creating a budget, no longer using credit cards, and paying your current credit bills will help reduce your debt.


What are the typical attorney fees for cases involving tax debt settlements?

It varies a lot. You should see if you can find an attorney that can offer a free consultation.


How do you get credit card debt removed from credit report?

It is always easy to think just because your debt your credit goes up, but that is not true at all. Many credit companies don't tell people that are suffering with credit debt or any debt that it not because your in debt that bring it down there are hidden fees that are not been removed so there where I come in and tell you the truth don't pay the debt. Its not going to help you out get in contact with an expert. I you need more information contact me at 786-792-2002


Can an individual unsecured creditor not a credit card company get property such as a computer back if the bankruptcy was discharged and they were notified of it but are now making demands?

If the debt was truly unsecured and you properly listed the debt in the bankruptcy, then the debt has been discharge. If the creditor persists in violating the discharge order, the creditor could be held on contempt of court and held liable for fines and attorney's fees.


Where can I got to get rid of my credit card debt?

It is always easy to think just because you pay off your debt your credit score goes up, but that is not true at all. Many credit companies don't tell people that are suffering with credit debt or any debt that it not because your in debt that brings your credit down there are MANY hidden fees that are not been removed so, there's where I come in and tell you the truth don't pay the debt. It's not going to help you out. Get in contact with an expert. If you need more information contact me at 786-792-2002


How can I consolidate credit card debt without hurting my credit score?

It is always easy to think just because you pay off your debt your credit score goes up, but that is not true at all. Many credit companies don't tell people that are suffering with credit debt or any debt that it not because your in debt that brings your credit down there are MANY hidden fees that are not been removed so, there's where I come in and tell you the truth don't pay the debt. It's not going to help you out. Get in contact with an expert. If you need more information contact me at 786-792-2002


Can a debtor sue for more than the debt?

The debtor does not sue. The creditor does. And yes, these suits generally include the debt, interest accrued, and the costs associated with collecting, such as attorney fees.


Where can I find a credit card consolidation organization to help me with my debt issues free of charge?

In some cases your fees may be waived if you use Consumer Credit Counseling.


What are some credit card debt facts?

According to the ABC News website, some credit card debt facts include people owning 7 credit cards (3 of which are bank issued and 4 from stores), the average debt for someone with a credit card is around $9300 for someone middle class, and $8650 for lower middle income. Customers pay an average of 16% per month in late fees. Credit card debt in the United States is $665 million. The best way to not have the debt is pay off on time, or just don't get a credit card at all.


When a credit card company raises your rate and you opt to cancel the card to stay at the lower rate does that negatively affect your credit rating?

It is always best NOT to cancel a credit card unless your debt to income ratio is too high. As long as you have no annual fees or any other "junk" fees with the credit card in question it is best to take your balance to $0 and put the credit card away in a safe deposit box or somewhere will it will not be stolen. The longer you have a credit card in good standing ( no late fees payments on time etc) it helps your credit. The credit card company will usually raise your credit limit which will help other low intrest cards also raise your limit when they review your credit history. In short YES canceling your card Can HURT YOUR CREDIT.


If you have unpaid hoa fees and receive a collection letter form an attorney does that go on your credit report?

If the attorney's office reports to any of the credit reporting agencies, because the have a lic. to do so for collections then yes! but if they do not they most likely will just take you to court for a judgenment . that for sure will go on your credit report


How credit card fees affect the Income statement?

Credit card fee will come under Opeating exp in incotme statement


Can a collection agency charge you their attorney fees in a garnishment?

Yes, any and all expenses that the lender incurs can be passed to the customer when they are attempting to collect a debt.


Where can one find out the rules for the bad credit debt loan?

The most reliable place that one can visit to get information on the rules and regulations of bad credit debt loans is the Federal Trade Commission website. They offer a myriad of articles on coping with debt, consolidation, federal laws consumers should know about credit card fees, collections and even bankruptcy.


How does American Consumer Credit Counseling's service work to get its clients out of debt?

The American Consumer Credit Counseling offers a debt management program that reduces interest rates and over the limit fees, consolidates unsecured debt into one easy monthly payment, pays off debt in most cases within 5 years, and develops a workable budget that you can live with.


When a credit card account has been charged off can the collection agency charge you additional fees and interest?

It would depend on the state laws that are apply to collection agencies and collection procedures. In many states they can add fees incurred for the collection of a debt and interest on the amount of the debt itself.


Does the executor of an estate pay attorney fees out of their compensation?

They do not pay the estate attorney's fees, the estate does. If they hire their own attorney, yes, they have to pay them.


Where can one take out a consolidation loan?

Debt consolidation loans are available through credit card companies, banks and credit unions. All offer different percentage rates, fees and conditions.


Do plaintiff's usually get the defend to pay their attorney fees?

No. Attorney's fees are only awarded in certain cases.


Can you get attorney fees if you are your own attorney?

as the saying goes "Only a fool will hire himself as an attorney"! No, you cannot get attorney 's fees unless you are a licenced attorney representing a client other than your self!!!


If a case is dismissed in California can the respondent sue for attorney fees?

You need to consult with the attorney who represented you in the matter. She/he knows what type of case you are referring to, whether attorney's fees are allowed under state laws and the likelihood of your prevailing in a case for attorney's fees.