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What else can I help you with?
Can a creditor in collect on deceased NJ?
In New Jersey, creditors can seek to collect debts from a deceased person's estate, but they cannot pursue the deceased individual personally. The estate must go through probate, where the executor or administrator will settle debts using the estate's assets before distributing any remaining funds to heirs. If the estate lacks sufficient assets to cover debts, creditors may not be able to collect anything further. It's important for the executor to notify creditors and manage claims appropriately during the probate process.
When approaching a mooring buoy which of the should you do?
Go slow when approaching
The term bankruptcy specifically refers to what?
Bankruptcy refers to a legal process that individuals or businesses go through if they are unable to repay their debts. It typically involves a court-supervised reorganization or liquidation of assets to settle debts and provide relief to debtors.
Is fast approaching appropriate wording?
You can say "fast approaching" sometimes. For example: Winter is fast approaching. There is a fast approaching car on the racetrack. It was fast approaching the time to go home.
Debts that can never be discharged?
There are certain debts that can never be discharged under any type of bankruptcy. This should be a factor in your decision because the debts will not go away and they will continue to collect interest even during your bankruptcy. Some examples of nondischargeable debts include: * All debts not listed in the bankruptcy petition * Student loans - unless undue hardship to repay* Taxes - Federal, state, and municipal* Fines for violating the law: including criminal fines and traffic tickets* Alimony and child support* Debts for personal injury caused by driving while intoxicatedSee the related link
If you pass go, do you collect 200"?
Yes, when you pass "Go" in the game of Monopoly, you collect 200.
Explain why you have to postpone an outdoor activity if the weather report says there is an approaching storm?
because it is dangerous to go outside when there is an approaching storm....
What is oe important difference between a general partnership and a limited partnership?
Any general partner is jointly and severally liable for all debts of the general partnership; limited partners are not liable. This means that all general partners are equally liable for partnership debts and any creditor can go after any of the partners to collect. Limited partners are not liable beyond their contributions.
When approaching a mooring buoy which of the following should you do?
Go slow when approaching
What does it mean when landing on go and passing go collect 200?
Every time you land on or pass the "Go" space, collect $200 from the bank.
Is it possible to go bankruptcy only on one of your property if you own several?
No.. bankruptcy when you have many debts and no assets can be liquidated for you to pay your debts..
Can you bankrupt your water bill and still stay in your house?
Possibly, but the water company will probably discontinue service to your house. YOU go bankrupt. Not on a bill, or a this or a that. All your debts, and all your assets are included. Generally, your assets are used to pay your debts, with any excess debts being discharged. Yes, water bills are dischargeable debts. If you go bankrupt, your house and/or other assets may be used to pay your debts.
