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Almost never....and if you don't understand why...get a lawyer for your bankruptcy...heck your creditors have!

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16y ago

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Related Questions

Can the debtor drop the interest on a judgment or does it have to be paid?

You can negotiate with them, however the decision is theirs and you should get it in writing if they agree to drop it. Do not pay anything, until getting proof in writing.


After a debt is reduced by a collector is it settled?

If the full settlement amount offered is paid in full by the debtor, the debt is considered paid. When entering into a settlement of a debt the debtor should obtain all the pertinent data in writing and not agree to anything unless he or she understands the agreement in full.


If you are advised not to give your bank account information to a collection agency does that mean you should not pay by personal check?

It is in the best interest of the debtor to not allow access to his or her financial information and most particularly not to agree to an automatic withdrawal from a bank account by a collection agency. The safest method is to pay other means, such as a USP money order with return receipt.


What does the idiom call it even mean?

To "call it even" means to agree that there is no winner in a contest, or no debtor in an exchange.


Should you agreed or should you agree?

Should or agree


Where can you find an address when you need to repossess a car and what are skiptracers?

DMV, Officer "Friendly" at the local SO, neighbors, family, PHONE BOOK, etc. What is a skiptracers? This is the process of LOCATING the debtor. It should be done by the LENDER. A repossession is going to ONE address and picking up the collateral. After that it is skiptracing the debtor. You will find few, if any, lenders who will agree with this definition.


Should you settle with a collection agency?

Yes, if at all possible that is the best solution when a debt is valid. The debtor should never agree verbally or written form to any terms they do not completely understand and/or can adhere to. They should not allow themselves to be pressured into any agreement unless they are totally satisfied with the conditions agreed to.


Agreement for Judgment, by Debtor?

Agreement for Judgment, with Debtor(Download)I, ___________________, (“Debtor”) hereby agree for judgment against me for $_________ as of today, ____________, to ______________ (“Creditor”). I, Debtor, do further agree not to protest any collections efforts, in any Court of law or otherwise, against me for this amount of money, plus accrued interest, and any legal fees, by Creditor, its successors or assigns.I further agree, not to protest any attachments to any property I own directly or indirectly, in any Court of law or otherwise, for $___________ (“Judgment Amount”) plus accrued interest and any legal fees incurred by Debtor, its successors or assigns.This Agreement for Judgment arises out of my default on a Note or Notes for $________, plus accrued interest and legal fees, due on _____________.I, Debtor, do agree to this Agreement for Judgment without any reservations and in consideration of immediate forbearance, for 10 days, on collection for my Note in Default to Creditor. Creditor does hereby agree to accept this Agreement for Judgment in return for Debtors Agreement to permit entry of a Judgment for the above amount in a Court of competent jurisdiction immediately.A copy of the original Note or Notes is (are) attached.______________________Debtor______________________Creditor______________________DateEnc. Copy or copies of the Note or Notes outstanding.Agreement for Judgment, with DebtorReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This Agreement for Judgment should be used by a Creditor with a Debtor after the Default date under a note has passed. The Creditor benefits by getting the Debtor to waive any contest of the note; the Debtor gains by getting an extention of the collection process; both parties win by cutting down on their legal expenses.Creditors are advised to move more carefully in the collection process in order to increase the commitment of the Debtor to repayment. This helps a well intentioned Debtor by providing more time; it assists the Creditor by eliminating legal hurdles to perfecting their interests in the assets of the Debtor.If the Debtor will not sign the Agreement, then move instantly to formal foreclosure for judgment in the appropriate court of law. You should seek legal counsel to execute these tasks and assist in collecting the outstanding judgment, interest, and legal costs due under the original note.1. Both parties should sign the Agreement. Creditor should maintain the file and keep the originals.


Do you agree that young children should be exposed in pornographic matrials?

We all agree that they should not.


What if a collection agency offers you a plan that is not within your budget?

The debtor should negotiate with the collector explain as clearly as possible what they can afford to pay. Never, ever agree to any terms which cannot be met, regardless of how such terms are presented by the collection agency/creditor. If the collector becomes abusive or argumentative discontinue the conversation immediately. Also, never give a collection agency/agent financial information (bank account, savings account, etc.). Please, DO NOT make any written or verbal agreements unless all the conditions to such an agreement are completely understood and agreeable. If the state in which the debtor resides allows phone calls to be taped without the consent of the other party the debtor should do so. If the state does not allow such action, the debtor should inform the collector that he or she intends to tape the conversation and if said collector objects (which an honest one won't) contact should be ended.


What does it mean to say that the state does not oppose the petition for expungement?

That the government will agree to allow the record of the defendant to be cleared or cleaned by the removal of whatever is being discussed, removal from his or her criminal record.


How should pronouns agree?

Pronouns must agree in number and gender.