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The description of the problem is not quite adequate. If the Creditor's Statement on your account shows that you legally paid in full for less than the full balance, it means that the store agreed with you that they would take a partial payment and mark the account paid in full. Stores sometimes do that when you argue that the goods were inferior, or that you might return the goods for credit. In any case, if that is marked on the creditor's statement, then your account is paid off and done. It is not clear why you would be going to small claims over something that was negotiated and paid off 4 years ago.
What else can I help you with?
What age are you legally allowed a bank account?
You may solely own a bank account whenever you turn 18 or are legally able to contract with the bank. Otherwise, your parent or guardian will have to be on the account with you and accept responsibility for the account.
What if you don't know the creditor on your credit report how do you find out how to close the account?
If it's reporting on your credit report, they legally have to also publish the creditors contact information. Use that. If the account is negative and it doesn't list the contact information, dispute it. If it's positive, might as well let it be. Be careful when you close accounts, it can hurt your score, depending on your situation.
In Colorado who can levy bank account?
In Colorado, creditors who have obtained a judgment against a debtor can levy a bank account. This means that the creditor can legally seize funds from the debtor's bank account to satisfy the debt. However, there are certain exemptions and limitations on what funds can be levied, such as those related to child support payments or public benefits. It is important for debtors to be aware of their rights and seek legal advice if facing a bank account levy.
Does a credit card company legally have to send you a paper statement?
This is probably pretty tedious, but you may be able to find the answer you want in the fine print you received when you opened the account. Otherwise, you can call the customer service phone number on the card, and ask the customer service person to explain your rights and the company's responsibilities regarding a paper statement.
How long will it take before you are sued over charge-off account?
The time frame for being sued over a charge-off account can vary significantly depending on the creditor and state laws. Generally, creditors have a statute of limitations that ranges from three to six years after the last payment or account activity, but this can differ by jurisdiction. Once this period expires, they can no longer legally sue you for the debt. However, they may still attempt to collect the debt through other means.
Can creditors legally sell your debt to another party?
Yes, creditors can legally sell your debt to another party, who then has the right to collect the debt from you.
How do you legally obtaining a copy of a checking account statement?
go to your bank and request a copy. if it is not your account you will need a justified cause and a court order.
Can auto loan creditors legally call you at work?
Under US federal law, they may not do this.
Why do bank charges fine on insufficient balance when they know there is not enough money?
Because, as per the account opening agreement, you are bound to maintain a certain amount of money in your account, failing which the bank is legally entitled to charge the fine.
Can you sue banks?
Yes. If the bank does something that is not correct you can always sue the bank. For ex: if a bank charges you a fee for not maintaining your minimum balance even though you have sufficient balance in your account, you can raise a complaint with the bank to reverse the fee. If they fail to do so, you can sue them legally because what they did was wrong and you had enough balance in your account and they should have never charged you that fee.
Am I responsible for my spouse's credit card debt if I am not an authorized user?
Absolutely not ! If the card is not i your name - you have no legal responsibility for any outstanding balance. HOWEVER - IF you are named on the account as a joint card-holder - you're legally responsible for fifty percent of the balance, regardless of who ran up the debt. Additionally, if you have a second card on the same account - YOU are liable for the expenses occurred on your and the account-holder is also liable for fifty percent of the balance.
Who is responsible for the credit card debt of a relative who has passed away?
Legally, the estate that belongs to your son would be liquidated and used to pay off creditors. Any outstanding balance beyond the value of the estate is "uncollectable" and must be written off by the creditors. Look to your legal professional for specific details as to how they apply to your specific situation. Warmest regrets for your loss.
What statement is true of an executive agreement?
It is not legally binding
Can I exempt my ownership of a partnership if you declare Chapter 7 Bankruptcy?
Not legally. It's a resource that can be used to pay your creditors. If you hide or refuse to acknowledge it, you're cheating the creditors and in violation of bankruptcy law.
What age are you legally allowed a bank account?
You may solely own a bank account whenever you turn 18 or are legally able to contract with the bank. Otherwise, your parent or guardian will have to be on the account with you and accept responsibility for the account.
Can a bank legally refuse to close your account?
Yes, a bank can legally refuse to close your account if there are outstanding fees, suspicious activity, or other valid reasons outlined in the account agreement.
Can a collection agency keep changing the date last updated to keep a delinquent account on your credit report?
Legally they are not allowed alter the dates but there is very little regulation on this. It is very important that you keep the creditors in line and make sure that they are reporting the information properly.
