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If you are sued in the state of Maryland in a civil case creditor vs debtor cant afford a lawyer or a settlement?
Wiki User
∙ 14y ago
if you lost your screwed
Wiki User
∙ 14y ago
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When judgment entered against debtor is creditor held to any oral settlement agreement to pay off debt made between debtor and creditor?
Not unless it is in writing unfortunatly.
Can you report a settlement to the credit bureaus?
That should be done by the creditor upon the request of the debtor.
How do you double entry when your debtor has paid your creditor for you?
credit the debtor and debit the creditor
What is a Debtor and Creditor?
A debtor is someone who owes you money. A creditor is the person that lent the money.
Is a lien by a creditor placed on the debtor or the debtor's attorney?
The creditor will execute the judgment against the debtor's non exempt assets or property not the debtor's legal counsel. On the debtor.
What is the difference between creditor and debtor?
A creditor is someone YOU OWE money to. A debtor is someone who OWES YOU money.
What is debter and crediter?
A debtor owes someone else money. A creditor is owed money from someone else. So, a debtor owes a creditor. Or, a creditor is owed by a debtor.
What is a stipulation in bankruptcy?
It's basically an agreement between the debtor and creditor on how the debtor is to pay the creditor that arises when debtor has filed bankruptcy.
what's the opposite of a debtor?
Creditor is the opposite of a debtor
What can happen in the state of Georgia if a debtor can not afford to pay a judgment?
The creditor can file a civil lawsuit. If the creditor wins, he/she may be able to attach against property or garnish wages until the debt is paid.
What is the opposite of debtor?
creditor
Is is possible for a creditor to garnish an insurance settlement that you are scheduled to receive?
Assets and income that are exempted from creditor lawsuit action is determined by the laws of the state of residency. The property that a debtor can protect from creditor execution is the same property that is noted in a bankruptcy filing. In most cases there are certain federal exemptions that can be used as well as state to stop creditor seizure of specfied property owned by the defendant debtor.
