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Generally, a creditor will attempt pro-active collection efforts after a debt is sixty (60) days past due.
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∙ 13y ago
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Can a creditor freeze your corporation account for a personal bill?
For starters, a creditor or collection can not just freeze accounts, unless this creditor is your bank and they have some more powers over your accounts. However, if you had an unpaid personal bill, generally it would not be attachable to your business, and vice verse, unless there was a guarantee involved.
Can a US creditor collect on an unpaid credit card when the holder lives in Europe?
No
Who can report delinquent accounts to credit reporting agencies?
Any creditor you owe money to can report your delinquent accounts. Generally utility companies and cell phone providers will only report if you have an unpaid balance. Credit cards, mortgages and installment loans are 99.99% of the time reported.
Can your wages be garnished for unpaid medical bills in Missouri?
no
Can a creditor put a lien on your mortgage over a 2000 dollar unpaid student loan?
Yes. If you owe a creditor money and you have an asset (such as a house), a creditor can put a lien against your asset for any amount, even $1.
What happens to second mortgage in foreclosure?
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.
What is meant by AR-Caller in medical billing?
In medical billing, AR stands for Accounts Receivable. Accounts receivable are the claims that are unpaid by insurance companies or patients. An A/R caller is a person who calls insurance companies about unpaid claims and tries to resolve the reason the claim is unpaid.
Can you lose your house because you can't pay your medical bills?
Yes, indirectly. Your payroll and bank accounts can be garnished to the point of you not being able to pay your mortgage. Also the government can seize your house to settle unpaid tax debt.
What are your legal rights on garnishments on a checking account for unpaid credit dept?
none if your creditor has a judgment on you and a writ to do so
What is time frame for a creditor to come after you for unpaid loans in the state of Louisiana?
from day one (1) till the debt clears ...
How long can a creditor come after you for an unpaid balance and what can they do?
looks like 6 years. AFTER they get a judgement, they can garnishee your wages, ect. NO JAIL.
Can a debt collection company issue a summons for unpaid unsecured debt?
Yes, once a debt collection agency buys your debt from the original creditor they are legally entitled to all of your debt. Therefore, they can take you to court for any unpaid debts, so long as it is the debt they bought from the original creditor and only that debt.
