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Whoever you paid the debt to must have not had the account with them, therefore they returned the payment. So to answer your question, yes you are still liable until there is a zero balance on the debt you owe.

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15y ago

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When you use a debit card you pay no or pay later?

When a debit card is used the payment is immediate.The Account linked to the card is debited online for the necessary amount.


How can I use credit on my debit card for purchases?

You can use credit on your debit card for purchases by selecting the credit option when making a transaction. This allows you to use the funds in your checking account as if it were a credit card, with the purchase amount deducted from your account later.


How do I get a bank account with bad credit?

One option for you is to open basic bank account online. Through this, build your credibility and then later, you can get a bank account in a bank.


If a credit card company closes your account and then lets a store put a charge on it 6 years later are you liable to pay the credit card plus interest and card fees too?

Are you perhaps referring to an original account being sold or a charge being forwarded to a new credit card you have obtained? All states have a SOL's which means if a debt has been paid or acted upon within a certain amount of time, it is no longer valid. CC can sell your account to second or third parties who, if the SOL is not expired can collect on the debt, including accrued interest. Feel free to email me if I can be of further help. No. Merchants only have one year to submit a transaction. They can not wait 6 years. My advise is to write the Credit Card Company and dispute these charges and also claim the account was closed and the charge should of not went through.


A car was repossessed on the 13th and 3 days later you received a check for the amount of the payment you made 2 weeks earlier. The check was dated on the 13th the same day as the repo Is this legal?

Yes. They blocked your account from payments while the car was being looked for.

Related Questions

What if i sold my car and now 4 months later its engine blew am i liable?

No, You are not liable.


How do you post a bill you will pay at a later date to account payable?

In QuickBooks, you go to 'Accountant'--> 'make general journal entries'. And in 'Account' you write the account of the bill and the amount will be in the debit side. Then down the second account is 'account payable' with the amount in the credit side.


How can the word liable be used in a sentence?

The two common meanings of liable are: 1. likely to do or be something 2. Owing a duty (responsibility) in law. An example of the first usage would be: 1. Those who do not work hard at school are liable to regret it later in life. And for the second usage: 2. The defendant is liable to pay damages to the amount of £500.


If an insurance company made a settlement offer and a check was to be written when they realized they were not the at-fault's insurer at the time of the accident are they still liable?

NO, They are not liable if their insured was not at fault or was not their insured regardless of whether a check had already been written or not. In fact should they have issued a settlement check and later determined they were not liable, The insurer can demand a refund of the settlement amount they issued.


How do banks determine if a check is good?

I deposited a cashiers check issued to me. 24 hrs later the bank said it was good and made the funds available to me. Two days later, they froze my account and said the check was fraudulent. I am being held liable. Are they not responsible?


Who is pecuniarily liable for GPC purchases they certify for payment that may later be determined illegal?

Certifying officials are pecuniarily liable for GPC purchases they certify for payment that may later be determined illegal.


What is double entry for suspense interest?

Double entry for suspense interest involves recording interest that is uncertain or not definitively allocated to a specific income or expense account. When suspense interest is recognized, it is typically credited to an interest income account and debited to a suspense account, indicating that the amount will be clarified later. This method ensures that financial records remain balanced while providing flexibility to adjust entries once the interest classification is confirmed.


When were the wright brothers credited for their airplane?

Their first flight was December 17,1903, but was credited for it in1908.(five years later.)


If you reach base on an error and later score do you get credited for a run?

Yes


How are debit and credit cards similar?

Their only similarity is the manner in which they are used at the point of sale. If you present a Debit card, the amount of sale is immediately deducted from your bank account. If you present a Credit card, the amount of sale is added to your credit account and then you are billed for payment monthly at a later date.


When you use a debit card you pay no or pay later?

When a debit card is used the payment is immediate.The Account linked to the card is debited online for the necessary amount.


Can you have millserry account information?

Later on... They will have account information Next Year