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Creditors may certainly look to seize/attach your assets of most types to pay the debts you promised or obligated to pay and don't. They also get to recover any costs for having to act to have you adhere to your legal obligations. However, they must have court authorization to do so, and commonly, other options, like garnishment of wages or liens against the assets (which continue to accrue costs to you), are used first.

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Does a personal guarantee on a commercial loan appear on a credit report and are they liable for personal injury on the property being purchased?

That's two separate issues - credit reporting on a loan, depends on the financial institution - if they report it. Personal injury on a property would be on property insurance, which you have to obtain in order to purchase property.


How can I remove a debt collector from my credit report?

To remove a debt collector from your credit report, you can dispute the debt with the credit bureaus if you believe it is inaccurate or outdated. You can also negotiate a pay-for-delete agreement with the debt collector to have the negative information removed in exchange for payment.


Where can one with poor credit get a secured loan?

You can get a secured loan with poor credit online from the Secured Personal Loan Gofo website. However, to get a secured personal loan from companies like this, you may need property or other collateral.


Can a debt collector remove negative information from my credit report?

No, a debt collector cannot remove negative information from your credit report. Only the credit reporting agencies or the original creditor can remove or update information on your credit report.


Can you request a debt collector to remove an entry from your credit report?

Yes, you can request a debt collector to remove an entry from your credit report, but they are not obligated to do so. You can try negotiating with them or disputing the entry with the credit bureaus.

Related Questions

FDCPA in Florida protect home from credit card collection agency?

How much can a credit card collector do with a lien on your property in Fl


Does a personal guarantee on a commercial loan appear on a credit report and are they liable for personal injury on the property being purchased?

That's two separate issues - credit reporting on a loan, depends on the financial institution - if they report it. Personal injury on a property would be on property insurance, which you have to obtain in order to purchase property.


What credit score do condos want?

When you purchase a condominium, your lender will determine the acceptable credit score. When you rent a condominium from an owner, the owner makes a similar determination.


What are liens on property owner in an association?

Liens cloud the title to the condominium, meaning that the property owner owes a debt based on that property which must be paid in order to clear the title. Liens are also public record and may appear on owners' credit reports.


Can personal property be levied when a judgment is placed against you for credit card deliquency?

Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.


Do you need good credit to qualify for collector car loans?

Yes you will. You will definitely need some good credit if you want to get a collector car loan. If you do not have good credit, you will not get the loan.


How can I remove a debt collector from my credit report?

To remove a debt collector from your credit report, you can dispute the debt with the credit bureaus if you believe it is inaccurate or outdated. You can also negotiate a pay-for-delete agreement with the debt collector to have the negative information removed in exchange for payment.


Where can one with poor credit get a secured loan?

You can get a secured loan with poor credit online from the Secured Personal Loan Gofo website. However, to get a secured personal loan from companies like this, you may need property or other collateral.


Can a bank take your personal property if you can not repay a line of credit?

Yes if it is charged to the bank. Otherwise through legal proceedings.


Can a debt collector remove negative information from my credit report?

No, a debt collector cannot remove negative information from your credit report. Only the credit reporting agencies or the original creditor can remove or update information on your credit report.


Collector effect credit report?

if you owe bank and is in the processes of paying them back but they have not yet sent a notice to the collector debt. Does it show up on your credit report


Can you request a debt collector to remove an entry from your credit report?

Yes, you can request a debt collector to remove an entry from your credit report, but they are not obligated to do so. You can try negotiating with them or disputing the entry with the credit bureaus.