in england, no. the only debt you can go to prison for is council tax non payment. in the states i am not sure.
It is possible to get an out-of-court settlement for a credit card. Credit card companies and collection agencies offer a variety of payment and settlement options for the debtor.
Yes, but the process must move through Collections, and can be lengthy before you are summoned to court.
Call the court and ask for some type of payment arrangement. Otherwise they will suspend your license.
My position would be to close the account but honor the payment as ordered and let the account pay out.
You should pay an debt that you owe, but they can't force you unless they take you to court over it. They could file a lawsuit that would end up as a judgment. They could then garnish your wages or take your tax refund to pay for it. Your best bet is to set up a payment arrangement with them. After you have paid then you can work on trying to remove it from your credit report.
yes but not legally ANSWER It does depend on which country you live, as here In New Zealand my ex husband pays child support thorugh private arrangement, which has nothign to do with the court, I declare it as my income. if I were on government based benefit or pension then we could not have a private arrangement and he would have to pay it through the governemtn but it is very rarely taken to court unless the other parent aviods payment and needs to back pay
A voluntary judgment is a court ruling or decision that is agreed upon by the parties involved in a legal case. It is usually reached through negotiation or settlement and does not result from a trial or formal legal proceedings. Both parties consent to the terms of the judgment.
Yes. Obviously the co-signer was protecting their credit by paying the rent.
If the payments do not go through the court, they are not counted as being made as ordered.
A company can seize assets doe to credit card default if they obtain a judgment through the court. You will be notified of the court date.
You will need to get a judgment in court for the bureaus to even begin to possibly care.
Yes, credit card companies can take legal action against you for non-payment. This can include lawsuits to obtain a judgment, which may lead to wage garnishment or liens on your property. It's important to communicate with the creditors, seek financial counseling, and explore options like debt settlement or consolidation to address the debt.