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Yes.. the should set up a payment schedule for the balance. * The best option is always to pay the full amount owed if possible. If doing such represent a hardship on the debtor and his or her dependents then it is wise to try for a settlement instead. All creditors are reluctant to pursue a lawsuit or take the chance of forcing the debtor into bankruptcy and are usually open to accepting a lesser amount than what is owed.

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If you have two credit cards with about 20000 dollars of debt on them and you can't pay what will the credit card companies going to do to you?

Consumer's sometimes have a misconception about athe collectibility of unsecured debts such as credit cards. Discover is a company that aggressively pursues collection of defaulted accounts. The original creditor(s) can file a lawsuit or can sell the account to a third party who has the same debt collection rights including legal remedies. Regular collection attempts will be tried first, meaning mail and telephone contact. The default of the accounts will also be entered on the person's credit report. If a creditor decides to sue, it will take some time, the average being 15 months from time of filing to court date.


What can happen if you finance a 20000 dollar car and don't make payments for a year?

the possible thing that could happen is your car gets repoed and your credit goes down the toilet for that mistake


Can you get practice questions of NISM exam?

If a client buys shares worth Rs. 2,55,000 and sells shares worth Rs. 3,45,000 through a broker, then the maximum brokerage payable to the broker is _____20000________. [ 2 Marks ] (a) Rs. 20000 (b) Rs. 15000 (c) Rs. 25000 (d) Rs. 10000


Bad Credit need 20000 Capital Fast without being denied How do you Get it?

You don't. You have to slowly work on your credit score. Make sure to check your credit report quarterly and send anything that you may be able to dispute in to the creditor and the credit reporting agency. If the creditor doesn't verify the disputed amt. it will be removed from your report and raise your score. Unfortunately it's the only way, unless you have a rock solid co-signer.


Convert 20000 USD to INR?

Go Write 20000 USD to INR on google and get the answer based on most current rates.