What can you sue a creditor for?

If a collection agency has either purchased the debt from the original creditor, or obtained an assignment of it from the original creditor (to collect on its behalf), generally, it can sue for collection.

A creditor can try to collect forever but it's usually not worth the cost of involving the courts.

Creditors update credit reports on their schedule, some update every month, others update every other or every third month. If you are in a hurry, contact the credit bureaus and have them contact the creditor themselves. You can sue a creditor, but you have to try contacting the creditor first (via mail), then file a complaint with the FTC, then contact the credit bureaus. If the account still hasn't been updated, you can go ahead and sue the creditor.

No they can not sue you.

A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due. A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due. A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due. A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due.

Somewhere between 99.9999% and 100%

Yes, if the tenant is not included in the Bankruptcy creditor list

You can't if you owe the creditors

Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records. Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records. Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records. Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records.

It's possible that you may have to give up your vehicle as collateral, although the creditor would more likely have you wages garnished.

Yes. The lender can sue you also for fees, costs, and penalties incurred in the attempt to recover the debt.

The "Truth in Lending and Consumer Leasing Acts" allow borrowers to sue a creditor or credit bureau that verifies incorrect data about his or her credit history.

A creditor can only levy your bank account by getting a judgment against you. To do that, they must sue you. And they must win in court. If you are sued by a creditor, be sure to show up for court to prevent this from happening.

Yes.. always it's in the fine print on the documents you signed.

After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court. After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court. After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court. After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.

Yes, they can sue you in the event that the vehicles are not in good enough condition to be equal to the value of the unpaid loan.

Yes they can sue you,but they can,t take your social securty,if you have very little asset,s,you could be judgement proof.

can they? yes. Should they? No. Will they?.....probably. Can you sue them for it?.....if you have the money for it, maybe

http://www.expertlaw.com/library/limitations_by_state/Colorado.html

NO ... in fact the company does not even have to be in the same country in order for you to sue them ...

No. SSD and SS benefits of all types are 100% exempt from creditor attachment. They are protected by federal and state exemptions/laws.

Yes, if you owe money the creditor is entitled to go after you for it. A court will decide how much you have/can afford to pay each week. Or you can go bankrupt.

* An unsecured debt, generally, is a debt that is not backed by collateral. For instance a car loan is secured by the security interest the lender has in the car. A credit card which is not backed by collateral is not secured by collateral therefore it is an unsecured debt. Generally, yes a creditor can sue for unsecured debt, the creditor just doesn't have any interest in the good that formed the basis of the loan.

In most instances the creditor/lender must sue the borrower/debtor in the state court in the county in which the borrower resides.

The debtor does not sue. The creditor does. And yes, these suits generally include the debt, interest accrued, and the costs associated with collecting, such as attorney fees.