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What procedures would you use when dealing with foreign creditors?
Wiki User
∙ 13y ago
In order to answer the question, knowing whether or not the borrower is a corporate entity or an individual is important given the management of international creditors. Please provide the additional information so we can adequately answer the question.
Wiki User
∙ 13y ago
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If you receive Disability Income from a Long Term Disability Insurance Policy can creditors garnish the monthly income from this policy?
The answer to your question is yes. If creditors can garnish your wages if you were working, then they can garnish the income you receive from your disability provider as well. The same procedures they would have to go through to garnish your wages from your employer, they would go through the disability company (filing court documents). Unfortunately, creditors consider any income you receive, working or not, as income.
Can creditors call you at work UK?
Yes, they can. It would not be appropriate for them to phone your employer and talk to them about it. But they can phone your personal work phone.
How can you improve your credit score after your bankruptcy is completed?
First of all, I would wait a few months and request a free copy of your credit bureau (by mail) to make sure your bankruptcy is no longer on your file. Hopefully all your creditors with negative ratings are all gone. If you have any creditors with good ratings, you should continue using them because the established creditor is good for your bureau. If you do not have any good creditors then you should try to apply for one or two creditors and keep them in good standing for at least 2 years before applying for more, if necessary. Personally I think 2 or 3 creditors are maximum you should have.
Who would use foreign exchange trading?
Foreign exchange trading is done on the foreign exchange market and allows for conversion of currency. Participants include banks, corporations, and speculators.
Can you make a deal with creditors?
Yes but when trying to do so you should understand that you will have to pay the creditors something until the debt is settled and it is best to get a 3rd party to mediate and negotiate the deal. Alternatively you could go bankrupt - and that would void the debts BUT with a serious blemish to your future creditworthiness.
Examples of national powers?
would be dealing with foreign affairs
Why are creditors interested in the income statement?
Creditors would interested in an income statement because it would show the potential for revenue. Creditors would be more likely to lend money to a company with a positive bottom line.
If the actions of the government consistently favor inflation would you expect the minority of the voters to be creditors or debtors?
Creditors
What type of account is the sundry creditors?
sundry creditors is a personal account. the rule applying would be debit the reciever, credit the giver
If you receive Disability Income from a Long Term Disability Insurance Policy can creditors garnish the monthly income from this policy?
The answer to your question is yes. If creditors can garnish your wages if you were working, then they can garnish the income you receive from your disability provider as well. The same procedures they would have to go through to garnish your wages from your employer, they would go through the disability company (filing court documents). Unfortunately, creditors consider any income you receive, working or not, as income.
During chapter 7 can the creditors take your house in South America that you bought for 20k?
No, the creditors can't take the South America property. But, the Bankruptcy trustee can. The only exemption for real property is a homestead exemption and obviously your homestead cannot be in South America if you are filing bankruptcy in the US. So this property would be taken by the trustee and liquidated to pay your creditors. Directly the creditors can't take the property. Failing to list this property (Hey, it is in South America, how will they know????") can lead to charges of Bankruptcy fraud if found out. It is possible that the trustee would allow you to make a monetary offer to keep the property, especially as selling a foreign property is not easy. You would have to provide a valuation of the property proving the value to the trustee.
In general the republican party has opposed inflationary policies during the past 100 years would this platform tend to attract creditors or debtors?
creditors.
Why do you need procedures in science?
Without procedures it would be like mumbo-jumbo. No one would believe in science.
What would be the most effective type of graph to show procedures?
what would be the most effective graphic to show procedures
What would have made it easier for debtors to pay their creditors?
Paper Money
Would have made it easier for debtors to pay their creditors?
Paper Money
Debtors or creditors would be more likely to favor inflation?
Debtors.
