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A method to collect outstanding debt is to take legal action. If you sue or threaten to sue someone for a debt, they are likely to pay.
What else can I help you with?
Is a viable method to used to collect outstanding debts?
A method to collect outstanding debt is to take legal action. If you sue or threaten to sue someone for a debt, they are likely to pay.
What is viable method used to collect outstanding debts?
A method to collect outstanding debt is to take legal action. If you sue or threaten to sue someone for a debt, they are likely to pay.
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
What happens to your debt when you go overseas. Can a USA debt collection company follow you?
It depends on the law of the jurisdiction where you live. Some will not recognize a U.S. judgment. Others will. It does make it more difficult for your creditors to collect from you. The debt, however, remains outstanding.
Can you be arrested when entering the US if you have outstanding debt?
No. Outstanding debt is a civil matter, not criminal. You can not be arrested for a civil matter.
How do you collect a debt owed when you have been awarded a judgment from the court in Florida but no payment has been forthcoming?
It is the responsibility of the judgment holder to choose the method how to collect the debt owed. The judgment holder files the judgment with the clerk of the issuing court in the manner they wish to collect the debt, such as a wage garnishment, bank account levy, property lien, etc.
What does debt outstanding mean?
That u payed your debt in full
What is the Difference between collection agency and a debt recovery company?
A collection agency is typically hired by creditors to collect past due debts on their behalf. They often use various methods, such as phone calls and letters, to collect the outstanding payments. On the other hand, a debt recovery company purchases the debt from the original creditor and then tries to collect the funds owed. They may use different strategies and tactics to recover the debt, as they have a financial interest in the successful recovery.
How can a business collect debt?
A business can collect debt by getting a collection agency to collect the debt. A business could also take it up in court or by putting a lien on the debtor's property.
Can a debt collector call police to collect a debt?
No.
What may debt collectors do?
can a debt collector come to your house to collect a debt
Can a credit card company collect from you after your spouse's death in Texas?
Texas is a CP state, that being the case it might be possible for a creditor to hold the surviving spouse responsible for the deceased's debt if the estate is not adequate for repayment. Whether or not it is viable option for the creditor depends upon the type of debt that was incurred.
