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Does a creditor who you owe money to have the right to seize your bank account in California if they bought out that bank?
yes
What is mean by sundry debtor and sundry creditor?
Sundry Debtor is a person who bought goods or received service from us (Customer) Sundry Creditor is a person whom we received the goods are service (Our Vendor)
What account is affected in an account journal when you avail of purchase discount for office supplies that was bought on account?
Accounts payable and Cash accounts
Which journal does bought office supplies on account go to?
Purchases journal
When supplies are bought on account the account debited is?
When supplies are bought on account, the account debited is the Supplies or Inventory account, reflecting an increase in assets. The corresponding credit entry is made to Accounts Payable, indicating a liability to pay the supplier in the future. This transaction follows the double-entry accounting principle, ensuring that the accounting equation remains balanced.
Does a creditor who you owe money to have the right to seize your bank account in California if they bought out that bank?
yes
Can you be sued by a debt collector that bought the debt from original creditor?
If you are in default on an account that a third party/person bought, yes indeed, the new owner can foreclose on you and sue.
Can a secondary collection agency collect on a charge-off when the debt is over 3 years old and the original creditor has declared bankruptcy?
More than likely. Three years is not long enough for an SOL to expire. What probably happened was, the account was bought from the creditor, which is common practice. The BK of the original creditor, has no relevancy if the debt was sold.
What should I do if I bought something but the money is still in my account?
If you bought something but the money is still in your account, you should contact the seller or store to ensure the payment went through. It's important to resolve any discrepancies to avoid potential issues with your purchase.
Can a creditor sell your account after filing bankruptcy?
Sure...it doesn't change the rights of the creditor...or your obligations as a dedtor...the buyer probably paid very little and is hoping your BK will pay the debt off at a higher amount. Basically, a creditor may sell his rights at any time....it is does not change your obligation under the loan at all. To clarify, it does not mean the new creditor can disregard the bankruptcy and any bar on collection activities that may be in force just because they just bought the debt. They only get the rights to what you would have paid the original creditor in the bankruptcy - they "step into the shoes" of the one they bought from.
Do you need to pay for your steam games again if you are going to download onto another computer with the same account that I bought it with?
No.
What happens if you return something you bought with a credit card?
When you return something you bought with a credit card, the amount you paid for the item is typically refunded back to your credit card account. This can help reduce your credit card balance or provide you with a credit for future purchases.
Can a creditor ask for purchased product as collateral in chapter 7 bankruptcy?
Yes. I foreclosed on a home and bought another one cash before being discharged from bankruptcy. I was told by the attorney that creditors can ask the courts and the court will confiscate your purchased product and sell for whatever amount and that amount will be given to the creditor(s).
If you bought a map pack on your xbox live account can it go to another Xbox live account on the same Xbox?
you can play the downloaded content on another gamertag on the same console but if u put your harddrive in another xbox the original dowloaded gamertag must be signed in a to usse the content :)
What is mean by sundry debtor and sundry creditor?
Sundry Debtor is a person who bought goods or received service from us (Customer) Sundry Creditor is a person whom we received the goods are service (Our Vendor)
If a creditor wants to collect by taking my auto would co-registration on auto save collection?
a creditor cant take your auto, unless it the car lot you bought it from.this is an old trick used by creditor,for years.if your that worried about it put it in someone you trust name,
Can a lawsuit be filed against a creditor that has placed a lien on home bought after bankruptcy?
The creditor would have problems enforcing a lien if the debt was included in the bankruptcy. If they were paid off, investigate further. If they were not included, then the lien may be valid.
