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The money given to settle a debt is called a payment.
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∙ 13y ago
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Debt is settled can money be giving back if you file banruptcy?
No money is given back to you, and a bankruptcy stays on your credit for 10 years.
What is the difference between a debt card and a credit card?
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
How does a collection agency determine how much money they will settle a debt for?
a collection agency will usually take up to 30% off a debt but only if it is over $500 i once owed $5,300 on a returned vehicle and they were willing to take $3,100 but you can hustle your amount owed. all they want is some of the money anyway. There is no specific set amount. You must negotiate with the collection agency. They will settle for whatever they can get in many circumstances.
How much money can you make as a debt collector what percentage of debt collected should I be receiving?
The average salary of a debt collector is 28,000 dollars. The percentage given as a commission varies from 3 to 5% of the debt being collected. In some companies, it is even a larger percentage.
Is it better to settle a debt through debt management system or take a personal loan?
It depends on how much your debt is. If your debt is quite small and you think you can handle it, you might want to take a personal loan to settle it once and for all. But if you want to seek help, might as well try Total Debt Services. They offer debt solutions for those who are suffering financial hardships.Their website, http://www.totaldebtservices.com.
Money that is given to settle a debt?
polu is ugly and she has a stinky bum
May an employer use provident money owed to settle a debt?
No
Whats money paid out to buy things or settle a debt?
Capital of Florida is Richard
How do you stop collecting companies from calling your office?
Settle the debt or make a payment arrangement to settle the debt.
What is the first step a person should take when they wish to find out how to get out of debt?
The first step a person should take to find out how to get out of debt is to find out what debt they have. After they find out what debt they have, they should contact the companies that they owe money to and see if they are willing to settle.
Can you negotiate a judgment?
Yes you can always try and see if a creditor will negotiate the debt. When they want the money vad enough they always settle.
If you settle a debt with a collector for less than the negative amount how can you be sure they will remove the debt?
while you are disgussing the settle amount ask that it be remove from the debt collection notice..and that your agreement be in writing.if you do not get it in writing at the time ofthe payment of the settle amount.most likely you wont get it in writing afterwards.so be clear to him or her that this is your request to settle the debt pay off.
Can you be sued for money which was not given to you but was given to a friend?
Perhaps, it depends upon the nature of the transaction. If you requested the money on behalf of the friend and received the money either by cash or a check or automatic deposit into your personal account you can be held liable for repayment of the debt. If the money was paid by the lender directly to the friend by he or she is liable for the debt.
What is a good definition of debt arbitration?
It is the process of helping companies that owe or are owed money to find an accepted agreement for paying back the debt. It's a way to settle things outside of court.
Settle Your Debt?
form_title=Settle Your Debt form_header=Work with your creditors to consolidate and set up a debt repayment plan. What is the total amount of debt you owe?=_ Do you own your home? = () Yes () No Have you ever filed bankruptcy?= () Yes () No
What happens when you die owing money for credit cards and utilities?
The debt is given to your closest relatives
Debt is settled can money be giving back if you file banruptcy?
No money is given back to you, and a bankruptcy stays on your credit for 10 years.
