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Q: Who would be the beneficiary of todays collection at first purchase?
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What are some creditor services that First Recovery Solutions collection agency offers?

Some creditor services that First Recovery Solutions collection agency offers include Medical Debt Collection, Third Party Debt Collection and NSF Check Collection. You can learn more at the First Recovery Solutions website.


If there is no beneficiary to your fathers 401k plan are you entitled to anything?

Probably Spouse first, then his Estate then the children.


Can a life insurance beneficiary defer the proceeds to the secondary beneficiary?

Any answer to this question would have two conditions the first being the jurisdiction under which the policy operated. The second condition would be the form in which the insurance payout was proposed it could be either paid direct to the beneficiary or to the estate of the deceased. The important point being why would you want to go about the insurance payout in this manner?


Who benefits from a mortgage insurance claim?

The real beneficiary from a mortgage insurance claim is ultimately the insurance company that provided you with the mortgage insurance in the first place.


If a debt is sold to another company for collection does it take another 7 years from the transfer of debt for it to come off your credit report in California?

The date of first delinquency should be the date that starts the clock for the 7 years. Meaning if you went 30 days late in April 2005, on a credit card, and then 60, 90 then 120, then the account would go to charge off status but the date of first delinquency would be April 2005. In CA, 4 years from the date of first delinquency is within the statute of limitations is in effect that a creditor or collection agency can sue you for the amount owed. This will vary from state to state, If the collection agency sells the collection to another collection company, the start date is the date of first delinquency, April 2005. If the collection agency changes the date, that is called re-aging and is illegal unless you set up new terms with collection agency

Related questions

Why there is there a first beneficiary and second beneficiary?

Incase something happens to the first beneficiary. Such as: they pass away.


Where were nickels and dimes dropped?

the collection plate of first purchase church with calpurnia


What is the purpose of this Sunday collection at the first purchase African church?

The purpose of collections was to assist Tom's wife while he was in jail


Who was the very first Medicare beneficiary?

very first medicare beneficiary was Harry S. Truman, the thirty-third President of the United States


When did the first laptop come out for the public to purchase?

the first laptop was called the IBM 5100, released Sep. 1975


Who is the beneficiary in a life insurance contract?

The beneficiary is the person to receive the coverage amount when the person covered by the policy dies. In the first instance, the beneficiary is named by the applicant when application for the insurance policy is made. Unless the beneficiary designation is made irrevocable, the insured is free to change the beneficiary at any time until his/her death. Unless some provision of law or contract renders the designation of beneficiary irrevocable, the beneficiary does not have a right to remain as beneficiary and ordinarily cannot contest a subsequent change.


Can ex-spouse collect deceased husbands insurance if first deceased wife name is still listed as beneficiary?

No, an ex-spouse can't collect a deceased husbands insurance if the first wife is listed as beneficiary even if the fist wife is now deceased. The money will go to the beneficiary's heirs.


Can the 1st listed beneficiary deny receiving the death payment If so will the 2nd listed beneficiary receive the money?

If the first person who is listed as the beneficiary does not want the payment it will go to the second person listed. If there is no second person listed it will go to the spouse.


What is value of collection or any first day of issue envelopes with postage - 1990-1975?

Dealers typically sell the FDC (First Day Covers) for $1 to $2 each. To purchase would be half that or less.


Can the executor of an estate make a loan to one of the beneficiary in Virginia?

They could provide an early distribution to a beneficiary. They have to make sure there is enough money to pay off the debts first.


If you are a beneficiary on life insurance who lets you know?

Once an insurance company (insurer) receives a valid proof of loss (claim form), the insurer will begin the process of contacting beneficiaries of any life insurance. The insurer will first contact the primary beneficiary. If unable to locate the primary beneficiary, or if the primary beneficiary is dead, the insurer will then move to the contingent beneficiary (second beneficiary). If the insurer has no response to the contingent beneficiary, the insurer then moves to the tertiary beneficiary (third beneficiary). Failure here will force the insurer to pay any life proceeds to the estate of the decedent, which can open the claim to the creditors of the decedent in most states. More than 40% of life insurance policies in America have no named beneficiary! Failure to name the beneficiary can leave your loved ones in a bind. Always name your beneficiaries. List one or more in each category (primary, contingent, tertiary) too. Most people name their spouse first, children as contingent, and parents or siblings as tertiary.


Was Z1 thought to be the first computer to include features integral to todays systems?

No.