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Absolutely! When one uses a credit card, or takes out an auto loan, they sign a written agreement or promissory note agreeing to make monthly payments when due. The lender has every right to use whatever means are necessary to recover those funds that were used by one to make purchases with money one obviously never had.
What else can I help you with?
What is the opposite of advance payment?
The opposite of advance payment is a deferred payment. In a deferred payment arrangement, the payment is made after the goods or services have been delivered or rendered, rather than upfront. This can allow buyers to receive the product before committing to payment, often used in credit or installment agreements.
How late does the debtors payment have to be before it is considered for repossesion?
Legally? One day. Some loan agreements will have a late payment period that might be ten days. Read your contract for specifics.
Can the spouse of a co-signer who is not involved in the loan sue the cosignee if the spouse enters into a new agreement with the co-signee to pay off the loan and the co-signee defaults?
How can they sue for non-payment if they are not part of the agreement? Why wouldn't the spouse sue?
What are MSN10 Payment Terms?
MSN10 Payment Terms typically refer to the specific conditions under which payments are made in a business transaction, often outlined in a contract or agreement. These terms can include the payment schedule, methods of payment, and penalties for late payment. They are designed to ensure clarity and fairness between parties involved in the transaction. Specific details may vary based on industry standards and individual agreements.
What are the payment types require you to pay upfront?
Payment types that typically require upfront payment include cash transactions, prepayment for services (such as subscriptions or memberships), and certain online purchases where payment is processed before delivery. Additionally, some rental agreements or leases may require a security deposit or first month’s rent upfront. Prepaid cards and gift cards also necessitate payment in advance before use.
Can you sue somebody who broke your bicycle?
Yes, you can, since that somebody broke your property, and since it is your property, you can sue them.
Can capital one sue me for non-payment?
Capital One can sue someone for non-payment of their account. It is very unlikely that you will be sued by the company.
What do you do if the dealer forgets to collect down payment?
sue him
What if someone break a IOU payment plan what can you do?
sue them
What is the term used when your vehicle is taken from the owner when payment agreements are not met?
reposession
Can you sue an employer for non payment even if you illegally did work for them on the side?
You can sue anybody for anything. Welcome to the USA.
Can I sue a large chain restaurant if a customer next to me broke a plate and a large peace of it cut my left hand?
No because it was the customer not the restaurant ... you may be able to sue the customer who broke the plate!
You cosigned a loan and your daughter has not paid the payment for 10 months Can you take her to small claims court to sue her for non payment?
If you made the payment, yes.
Can landlord sue you for non payment of sewage bill?
If that was the contract, yes.
Can your ex boyfriend sue you for loan payment which is under his name even if you have a written contract?
Sometimes verbal agreements are enforced by the courts. So, perhaps you made some verbal guarantee in addition to the written contract. Or perhaps you didn't. There are many details of this loan which you haven't told me, which can affect the legal outcome. But yes, he can sue. Whether he will win his lawsuit, I cannot predict.
Can you sue anyone for breach of verbal contract in Louisiana?
It will be dependent on the type of contract. Some verbal agreements can be enforced.
What can you do if you bought a lawnmower from sears with too warranties that broke down and they won't honor?
sue them
