If you have made a debt to them and you are not able to satify the debt they request the court take your property to repay the debt.
If it is a corporate card I would imagine it is in the name of the company and not your name. If that is the case it shouldn't impact your credit.
No, credit companies cannot force anyone to sell anything to pay them.
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What sort of question is this? Are they going to hold a gun to your head if you don't? No business in America can force you to do anything, well except maybe the credit card companies...
Absolutely, there are no statutes that can force a private company into such an agreement. Credit card issuers make a lot of money from the charging of late fees, therefore one can see why they would not be amicable to terms such as a "grace period."
I can only speak from my own experience. It does indeed appear on our credit report and also states that the mortgage company is filing a claim against us--even though we did not reaffirm the loan. Completely wrong and I've disputed it many times with ALL the credit bureaus but they will not remove it. I'm not sure if there's a government organization that can help force the mortgage company to report correctly to credit bureaus or one that can force the credit bureaus to actually DO an investigation when you dipute it. No win situation, I'm afraid
Wisconsin
no
Loaded Question! 1st The rental company will force you to have Insurance or buy theirs. 2nd Check with your credit card company, mine covers rental car Collision and Comprehensive if the rental is paid with the credit card. You may be able to buy insurance through your home policy, But this depends on where you live and what insurance company.
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No, It exist everywhere, but it does very.