Your question reads, "Is a creditor REQUIRED.." If you mean "by law," the answer is mostly no, but it varies from state to state. If you mean "by common decency," then I should answer Yes. Most times, if the co-borrow is a wife or significant other, the creditor will not bother to notify the co-borrower. However, "defaults" come in all shapes and sizes. Some are reversible, like a negative credit reporting. Some are not, as in a Judgment.
There is no time limit that a collector must adhere to before initiating a suit. But, collectors generally seek legal recourse as a last resort. They prefer to resolve the issue by negotiating with the debtor for a lesser amount than originally owed. Please be advised, however, any creditor/collector can pursue a lawsuit whenever they so choose within the boundaries of the debtor's state SOL laws.
In general a bank account is subject to judgment levy every 30 days until the debt is paid. The judgment creditor must renew/refile the bank levy each time before it can be implemented. A bank account levy can allow the judgment holder to remove the total amount owed at one time. If the account balance does not hold enough funds to pay the entire amount the judgment holder in most instances can still remove the entire balance of the account. Please consult the laws of the state of residency or where the account is held for specific information. Some states only allow a one time levy where the judgment cannot be renewed and the creditor has to repeat the civil suit process. Likewise, jointly held accounts are treated differently when it relates to judgment levies than single accounts.
There is no limits in the general rules as to how many times it is possible to refinace a mortgage. There are some guidelines on qualifications that everybody should check out before making that investment.
When you are trying to calculate a value from a percentage you can move the decimal point two places from the right and multiply. In this case 105% becomes 1.05. We can then multiply 1.05 x $2700 = $2835.
46
Uh, once.
No it's not illegal but can be seen as harrassment
NO
When the length and width are tripled, the area becomes (3 x 3) = 9 times as much as before.
There is no good sentence using the word creditor, unless that is how you make your living: That creditor keeps calling, no matter how many times I tell them that they have the wrong John Smith.
That would depend on the quality of the mirror. If the mirror reflects a greater percentage of the light, then the light can be reflected more times, before it becomes too faint to be recognizable.That would depend on the quality of the mirror. If the mirror reflects a greater percentage of the light, then the light can be reflected more times, before it becomes too faint to be recognizable.That would depend on the quality of the mirror. If the mirror reflects a greater percentage of the light, then the light can be reflected more times, before it becomes too faint to be recognizable.That would depend on the quality of the mirror. If the mirror reflects a greater percentage of the light, then the light can be reflected more times, before it becomes too faint to be recognizable.
How many time can I drink my own urine before it becomes poison
No, it will often take them a couple more times to mate before she becomes pregnant.
It's around 37 Crores. In 60 years it becomes 3 times. Right now it be 111 Crores.
NO , if there is no contact with the right party or no message left
Your question reads, "Is a creditor REQUIRED.." If you mean "by law," the answer is mostly no, but it varies from state to state. If you mean "by common decency," then I should answer Yes. Most times, if the co-borrow is a wife or significant other, the creditor will not bother to notify the co-borrower. However, "defaults" come in all shapes and sizes. Some are reversible, like a negative credit reporting. Some are not, as in a Judgment.