Yes, it is possible to transfer debt to another person through a process called debt assignment or debt assumption. This typically involves the original debtor and the new debtor agreeing to the transfer of the debt responsibility.
No, it is not possible to transfer credit card debt to another person. Each individual is responsible for their own credit card debt and cannot transfer it to someone else.
No, it is generally not possible to transfer credit card debt to another person. Each individual is responsible for their own credit card debt and cannot transfer it to someone else.
No, you cannot directly balance transfer from another person. Balance transfers typically involve moving debt from one credit card to another in your own name.
Transferring your debt to another person typically involves a process called debt assumption or balance transfer. This can be done by contacting your creditor to see if they allow debt transfers, or by using a balance transfer credit card. Keep in mind that transferring debt does not eliminate your responsibility to repay it, and the new person will need to agree to take on the debt.
If the creditor agrees, yes.
No, it is not possible to transfer credit card debt to another person. Each individual is responsible for their own credit card debt and cannot transfer it to someone else.
No, it is generally not possible to transfer credit card debt to another person. Each individual is responsible for their own credit card debt and cannot transfer it to someone else.
No, you cannot directly balance transfer from another person. Balance transfers typically involve moving debt from one credit card to another in your own name.
Transferring your debt to another person typically involves a process called debt assumption or balance transfer. This can be done by contacting your creditor to see if they allow debt transfers, or by using a balance transfer credit card. Keep in mind that transferring debt does not eliminate your responsibility to repay it, and the new person will need to agree to take on the debt.
If the creditor agrees, yes.
Yes, it is possible to transfer debt to a trust, but the process can be complex and may have legal and financial implications. It is important to seek advice from a financial or legal professional before attempting to transfer debt to a trust.
yes it can, they usually return it when the debt is deemed uncollectable then they can transfer it to a attorney for possible suit.
It is balance transfer.
Zero interest credit card transfer balances allows a person to transfer the outstanding debt (as long as it is within the limit) to another credit card without incuring any new interest.
DeBt
If the loan company approves. If the loan company does not approve and transfer the loan you would still be legally responsible for the debt.
When you do a balance transfer, you move debt from one credit card to another with a lower interest rate. This can help you save money on interest payments and pay off your debt faster.