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If you have no job and no assets what can debt collectors do to you?
Wiki User
∙ 18y ago
they can take you to court, remove your unessential furniture - like your tv and hi-fi, they could demand you be declared bankrupt, if it is a government debt or a utility debt they could even arrest you. But even if you have little money, you can offer than
Wiki User
∙ 18y ago
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Can debt collectors come after you for more money if you can't make a payment?
They can always ASK for payment, but whether they can actually collect depends on many factors. If you have no job and no assets, it would be very hard for them to collect anything.
How do you become debt free without assets?
To become debt free without assets, you can start by getting a job and paying your bills. Set up a budget and follow it. Be sure to include savings and investments. Do not add any more debt!
Can debt collectors find out where debtors work?
They can and will.
Why is the debt to tangible net worth usually higher than the debt-equity ratio?
Because for the calculation of the debt to to tangible assets ratio ONLY the tangible assets (machinery, buildings and land, and current assets, such as inventory, etc...) are taken into consideration for the calculation VS the debt ratio where ALL of the assets (tangible and intangible such as patents, trademarks, copyrights, goodwill and brand recognition) are taken into consideration for the calculation.
Is debt a synonym of capital?
No. Debt is money owed. Capital is assets which are part of financial worth.
Can debt collectors come after you for more money if you can't make a payment?
They can always ASK for payment, but whether they can actually collect depends on many factors. If you have no job and no assets, it would be very hard for them to collect anything.
Can debt collectors trespass?
Debt collectors are not allowed to enter your property without permission, so if they do so, they would be violating trespassing laws. However, they can visit your property to attempt to collect a debt as long as they do not enter your home without permission.
How do you become debt free without assets?
To become debt free without assets, you can start by getting a job and paying your bills. Set up a budget and follow it. Be sure to include savings and investments. Do not add any more debt!
Can debt collectors take settlement money?
Debt collectors can indeed take settlement money from someone if they owe debt. These collectors may take from what they need to.
Another name for debt collectors?
Debt Advisor
Where can one find a list of debt collectors in the UK?
There are sites online that advertise their debt collection business. Some of these Debt Collectors are UK Debt Collection, Debt Recovery UK, Debt Collect and Debt Recovery Plus.
What are the release dates for Debt Collectors - 2012?
Debt Collectors - 2012 was released on: USA: 1 May 2012
What may debt collectors do?
can a debt collector come to your house to collect a debt
What are the release dates for Debt Collectors - 2012 Debt Relief 1-2?
Debt Collectors - 2012 Debt Relief 1-2 was released on: USA: 1 June 2012
Who are the best debt collectors in the world?
The best debt collectors in the world would be International Collection Agency - The Debt Recovery Solution. They are recovery solutions for business and consumers.
Breckenridge Ski Company has total assets of 422235811 and a debt ratio of 29.5 percent Calculate the companys debt-to-equity ratio and the equity multiplier?
What is given is: total assets = $422,235,811 Debt ratio = 29.5% Find: debt-to-equity ratio Equity multiplier Debt-to-equity ratio = total debt / total equity Total debt ratio = total debt / total assets Total debt = total debt ratio x total assets = 0.295 x 422,235,811 = 124,559,564.2 Total assets = total equity + total debt Total equity = total assets - total debt = 422,235,811 - 124,559,564.2 = 297,676,246.8 Debt-to-equity ratio = total debt / total equity = 124,559,564.2 / 297,676,246.8 = 0.4184 Equity multiplier = total assets / total equity = 422,235,811 / 297,676,246.8 = 1.418
What do debt collectors make?
You should first define "debt collector." Do you mean a collection agency or its employees? If you mean an employee of a debt collector, the answer varies depending upon the region. In the New York City metropolitan area about 98% of debt collectors who work for law firms make from about $550 a week to $1,000 a week. The average is about $700 per week. Debt collectors who work for collection agencies make less on the average. This is a hard, ugly job. I recommend you try to find something else!
