If I understand your saying the car is paid for, and you have other debts you are afraid will get judgments against you and then go to seize your car:
Generally, States prohibit the seizing of reasonable unsecured personal items used for essential life needs...household goods, furntiture, and a needed vehicle (presumably not an extravegent one) for example. Being able to establish that it is needed for your medical care, etc. would help.
Only the card expires, not the line of credit it is attached to. So interest will still accrue on the unpaid debt.
How do I report an unpaid bill to a credit bureau?
No they cannot, and if they say they can they are lying. Tell them to leave you alone or you will call the better business bureau on them. Now, they can put a slam on your credit.
Unpaid traffic tickets are not reported to the credit bureaus.
By listing the creditor on the bankruptcy schedules.
a "credit balance" is money that you have.
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
You credit score will decrease significantly if you do not pay your minimum credit card payment every month. Unpaid cards will be reported as delinquent and really destroy your score.
Unpaid balances owed to insurance companies will be sent to collection agencies and will count against your credit.
Even if surrendering a vehicle is voluntary, you will still be responsible for the amount owed on the loan after the sale of the vehicle. Most lenders report to the credit bureaus and any unpaid balance will be reported, as will payments made or missed on this balance.
unpaid credit card bill in the phils. can affect your police clearance and nbi?
Yes, unpaid medical bills will be reported to credit bureaus not to mention the collection agency that the medical facility will pursue.
Any credit balance in a vendor subsidiary account ia an unpaid balance owed?
debit bonus expensecredit unpaid bonus payable
An unpaid medical bill is like any other debt. It can be reported to a credit agency like any other debt.
Like other late payments reported to a credit reporting agency, an unpaid medical bill may stay on a credit report for up to seven years.
You can take possession of it for an unpaid mechanic's lien, yes.
Unpaid credit cards won't effect your ability to travel. If left unpaid, they will be charged off and likely assigned or sold to a collections agency. The collections agency will continue to attempt collections, and your credit will be impacted negatively for seven years.
Credit insurance is a type of life insurance policy purchased by a borrower that pays off one or more existing debts in the event of a death, disability, or in rare cases, unemployment. Credit insurance is marketed most often as a credit card feature, with the monthly cost charging a low percentage of the card's unpaid balance.
You can expect at least 10-15 point off of your credit score with an unpaid account. Remember the older the account the less it will affect you.