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Q: A person who prefers being a creditor to being an owner would invest in?
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What does cancelled by credit grantor mean?

Cancelled by credit grantor means that your credit card account was closed by the creditor. This means that it was cancelled by the person extending you credit, rather than being cancelled by you.


What if Surviving spouse is executor and also creditor?

They can't be both. They can either be the executor of the will (carrying out the wishes of the deceased) - or a creditor (being owed money by the deceased). If they act as both - there could be a conflict of interest (and accusations of theft or fraud). The's far easier to have an independent person to act as an executor - then they don't have any financial interest in the deceased's will.


You are being sued in small claims court by a third party debt collector can you contact the original creditor and pay them?

No, the original creditor has sold the debt and is no longer involved in the collection process.


How do you know when you are being sued by a creditor?

You will receive a court summons. If you have moved and the creditor cannot find you, they may file anyway so you may not know until you check your credit report and see a judgement or suddenly, your bank account is levied or your pay is being garnished.


What will happen if you do not show up for court when being sued by collection agency or credit card company?

The defendant is not required to make an appearance in a creditor suit, but if he or she does not appear the plaintiff (creditor) will win by default and a judgment will be entered against the debtor. FYI, unless the defendant has undisputable evidence that the suit is faulty (debt not valid, wrong person being sued, etc.) it will make no difference in the outcome whether the defendant debtor appears or not, the plaintiff will be awarded a judgment.

Related questions

A person who prefers being a creditor would invest in?

bonds and Debt, not equity or stock.


Does a Creditor have to notify you if you are being sent to collections?

No.


What does good manners get you?

Not lookin like a disgusting pig when eating( your boss prefers that) just being polite to other people gets you important contacts and because being with a rude person is uncomfortable!


What is the maximum slope angle for cultivation?

The answer depends on what is being cultivated. Rice paddies require level ground whereas tea prefers slopes.The answer depends on what is being cultivated. Rice paddies require level ground whereas tea prefers slopes.The answer depends on what is being cultivated. Rice paddies require level ground whereas tea prefers slopes.The answer depends on what is being cultivated. Rice paddies require level ground whereas tea prefers slopes.


Is there a form letter a person can write to close old charge accounts?

It doesn't need to be anything fancy. Just keep it simple. "Dear Creditor: I will no longer be using your credit card. Please close my account and report the account to the creditor bureaus as being closed at my request."


What are Adversaries?

Adversary proceedings are proceedings that occur in bankruptcy court. This refers to a creditor arguing that a debt should be paid by the other person in the proceeding, instead of being thrown out or dismissed.


Is it illegal for an employee to post a consumer's debt on their personal blog?

Yes, if it's an employee of a creditor or collection agency and they post personal information concerning the person who is being referenced.


In Indiana can a creditor lawsuit summons be answered by the person being sued?

Yes. In the US any individual who is an adult can use self-representation (Pro Se) in any civil litigation.


what are adversary proceedings?

Adversary proceedings are proceedings that occur in bankruptcy court. This refers to a creditor arguing that a debt should be paid by the other person in the proceeding, instead of being thrown out or dismissed.


What do the words he she they and you mean?

"He" refers to a male individual, "she" refers to a female individual, "they" can refer to a group of people or a single person who prefers gender-neutral pronouns, and "you" refers to the person being addressed.


Girl44 you are dating prefers to date guys who do not want to commit What is she looking for?

Sounds like she is just looking for a good time, having fun, dating and not being tied down to just one person.


What does cancelled by credit grantor mean?

Cancelled by credit grantor means that your credit card account was closed by the creditor. This means that it was cancelled by the person extending you credit, rather than being cancelled by you.