No. They're not there to collect money, they are there to reposess.
You being arrested has no bearing on your loan. As long as you make the payments on time there will be no repossession. The loan company does not care if you are in jail as long as they get their money.
Money, Knowledge of the laws,proper state permits and ENERGY. Good Luck
nothing pay your money
A company can continue to collect from you indefinitely. As in, when you die, if you owe them money, they can collect from the executor of your estate, and get part of your life insurance policy. The best thing to do is to contact that company, and work out some kind of payment schedule with them, perhaps get them to work with you on lowering the interest rate, or disregarding any fees you may have accrued (ie: late fees, over-limit fees, etc)
Yes, both where the debtor is a company that is closed and where the creditor is a closed company. Debts have to be settled unless a formal bankruptcy is the reason for closure and even here the receiver will try to collect money to pay creditors.
Yes you can as long as you don't go over the limit for money being earned.
Companies almost always can send the product back to the manufacturer for a refund.
Pay the money you owe
Typically when it comes to car repossession, a customer has to worry about their car being taken when they have missed three payments. Sometimes repossession can be held off by just contacting the company and reassuring them they will get their money.
When a customer's loan or bill goes into default the company that lent the debtor the money will try to collect the debt. Most debt collectors are from the actual lender or are contractors that have purchased the debt and will try to collect the money from the debtor with interest.
Overdraft limit refers to the limit to the amount of money a customer can withdraw from his account even though there is zero balance in his account. For example, large companies get this features of OD by pledging shares of their company with the bank. The company has a month's time to pay back the OD amount failing which the bank can sell the shares to recover the money.