Yes. Each state has a SOL for being sued for debt. They are not all the same, and different contracts/debts have different SOL's. A person can search their states laws governing debt collection. Or search "Statute of Limitations on Debt"
you have to face the law court
This bank account at TCF bank had been closed for over six months.Now we are being charged for over draft protection.It looks like a annual fee thay are charging on a closed account.How can a bank charge on a closed account and then charge for insufficient funds.
When Noreen shopped at Bloomingdale's, she charged items to her account. John looked over his credit card account statement. The judge held the criminals to account for their robbery.
No, a bank will not freeze your account without a court order from a judge. They won't freeze an account over an individual statement.
Just because the company charged off the account, does not mean that they don't want to be paid...so if the car is still assessible...they can repo it. Charged off on your credit means that it is no longer an active paying account..the company took a loss for that amount. A different department, "Profit & Loss" will take over trying to collect any way possible. Sorry.
Yes, if you are over limit and you may be charged late fees unless you pay down to your limit.
That depends upon the laws of the state where you reside or where the bank account is. Normally, when a levy is placed on a bank account, the account is frozen and the account owner is given a certain amount of time to go to court to prove that the levy should not have been placed on the account. The money in the account will not be turned over to anyone until the court orders it. If the account owner fails to make an objection in court within the stated time period, the bank is allowed to assume that the owner has no objection and turn the account funds over to the creditor.
after 180 days of non payment your account will be charged off and turned over to collection agency
As I understad the question I am reading it as so. Your father had a power of attorney over your bank account. Your father died and you wish to find out what has happened regarding your bank account. First your father would no longer be your attorney in fact do to his death. If this was something that you did you can often revoke a Power of Attorney and then you would have full control over the account. If this was court ordered do to some sort of legal incapacity that made you unable to handle your financial affairs a new POA needs to be assigned and they can take over your account.
You can't be convicted unless you are found guilty. You can't be found guilty if you were never brought to court. You can't be brought to court if you were never arrested, or charged.
The bank will not pay over the account to you unless you have some type of authority from the probate court. You can check with the court to ask how you would go about claiming a small estate.
They can try to charge anyone they want but the judge wont always agree with them in court