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What else can I help you with?
What is the status of subordinated debt?
When a company goes bankrupt a debt can go into subordinated debt. This means the subordinated debt has a lower priority than other debts. Typically this has a lower rating of credit.
Can a debt collector refuse a payment if you offer to pay?
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
If a collection agency goes bankrupt how does someone find out who owns the debt?
Even if the collection company goes bankrupt, you still owe the bank whatever money you borrowed from them. The bank hires the collection company to get that money, so you still owe them
Who is responsible for a corporation debt?
the corporation
If you have no job and no assets what can debt collectors do to you?
they can take you to court, remove your unessential furniture - like your tv and hi-fi, they could demand you be declared bankrupt, if it is a government debt or a utility debt they could even arrest you. But even if you have little money, you can offer than
What should be included in a demand letter to pay debt?
A demand letter to pay debt should include the amount owed, details of the debt, payment deadline, consequences of non-payment, and a request for payment.
What should be included in a debt collection demand letter?
A debt collection demand letter should include the amount owed, the reason for the debt, payment instructions, a deadline for payment, consequences of non-payment, and contact information for the creditor.
What should be included in a demand letter for debt?
A demand letter for debt should include details such as the amount owed, the reason for the debt, a request for payment, a deadline for payment, and consequences if payment is not made. It should be clear, professional, and assertive in tone.
If a mortgage company goes bankrupt can the company that bought them out legally collect on your old debt?
Yes.
What should be included in a demand letter to collect a debt?
A demand letter to collect a debt should include details such as the amount owed, the reason for the debt, payment deadline, consequences of non-payment, and a request for payment. It should be clear, professional, and assertive in tone.
What should be included in a demand letter for debt collection?
A demand letter for debt collection should include the amount owed, details of the debt, payment deadline, consequences of non-payment, and a request for payment. It should be clear, professional, and provide a means for the debtor to contact the creditor to resolve the issue.
Does a lien hold if the company goes bankrupt?
unless it is written off by the court, it does. I would assume that it would be listed as debt by the party going bankrupt.
Does a person paying crimina restitution criminal to a company continue to pay if the company goes bankrupt and no longer exists?
You will still owe the restitution to SOMEONE. In any bankruptcy there is a receiver who handles the apportionment of debts and assets. Your restitution payment would be considered an asset to the bankrupt company and, unless the bankruptcy court discharged your debt, you would probably have to continue to pay the full amount due.
What is the status of subordinated debt?
When a company goes bankrupt a debt can go into subordinated debt. This means the subordinated debt has a lower priority than other debts. Typically this has a lower rating of credit.
What can you do for this debt collections company?
i can negotiate with customers who owe money to your company this helps them from going flat broke or bankrupt by doing this collections i will be a asset to your company and i will be profitable to this company . i can use my professional expertise to get customers to pay their bills so that they wont owe any more to your company by giving them a payment agreement making sure that if they cant afford to pay the full debt that they can pay what they have until the bill is fully paid for.
Can a debt collector refuse a payment if you offer to pay?
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
If a collection agency goes bankrupt how does someone find out who owns the debt?
Even if the collection company goes bankrupt, you still owe the bank whatever money you borrowed from them. The bank hires the collection company to get that money, so you still owe them
