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What else can I help you with?
What happens if you never paying credit card debt?
You are likely to have your wages garnished. Your credit cards will be cancelled and liens may be placed on property.
What happens if you cannot repay a line of credit loan?
Generally, the lender will sue you in court and obtain a judgment lien. The lender can use the lien to take possession of any property you own to satisfy the debt. If the line of credit is an equity credit line mortgage, the lender can take possession of your property by foreclosure. Finally, your credit will be ruined.
What happens if you allow one property to foreclose but have another property in good standing How does this hurt your credit?
It will go bad on your credit report anyay. What you got left does't matter. Creditors want to know how you may, can, did, might do, and do, pay up on their current accounts.
Can you pay property taxes with a credit card?
Yes, you can pay your property taxes with a credit card.
What happens if unsecured credit card debt is not paid?
It goes on the credit reports as a delinquencyAnswer:If you don't pay your credit card debt then to your creditor may take you to civil court and can get a judgment to hold your property. There are other penalty as well if you dont pay your credit card debt.
Why are 0 cards needed to leave the country?
When leaving the country as much as possible one must have a good standing credit. 0 cards mean bad credit score, which happens to anyone who are stuck in financial crisis due to unpaid credit card debts.
What happens to my credit card debt after I die if I have a power of attorney?
If you have money or property - the bills will be paid. If you don't have any money the bills won't be paid.
What happens if cosigner stops making payments?
The other signer must make the payments or the loan will go into default, the property will be taken and your credit will be ruined.
What happens if you walk away from your mortgage?
You can't "walk away" without losing the equity, if any, in your property. Your credit rating would also be seriously affected.
Can leaving your credit card on TOP of the microwave damage it?
no
What happens to my credit score when my investment property goes into foreclosure?
Foreclosure of a property hits your credit report in a very big, negative way. Lenders generally look very unfavorably upon foreclosures. Try to avoid it. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure.
Does executors credit affect sale of decendents house?
The credit of the executor has no bearing on the credit of the estate. It is not his property in question.
