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If you are in the U.S, a debt collection is considered a part of contract law and therefore governed by the state so the laws are different from state to state.
If you have questions, you can contact your state's attorney general's office to see what rights and protections you have under your state laws. Almost all state websites use the URL combination "state.XX.us" for their URL where XX is the actual state two letter abbreviation.
What else can I help you with?
Is there a limit to how long a creditor can try to collect a debt in England?
it was that if the creditor had not tried to collect within 7 years it was expired
Can a creditor become an administrator of an estate?
Yes, they can. Often a creditor will file for an estate so they can collect their money.
What if a creditor is not on your credit report but trying to collect a debt?
You must pay all of your legitimate debts. A creditor is not required to report a debt to a credit bureau in order to collect the debt you owe.
What is the length of time a creditor can collect on a debt before it is wrote off?
6 years
Can a creditor still collect a debt after an estate has been closed?
If the estate was duly probated and is now closed then the creditor is out of luck. When an estate is probated a notice is published and the creditors have a certain time period during which to file a claim with the probate court. That time period varies from state to state. If that time period has passed the creditor cannot collect.
With a cross collateralized debt when the vehicle was surrendered can the creditor demand payment for deficiency?
In the state of Texas, yes the creditor can follow for the deficiency balance.
Under Texas law what can the creditor do to collect the deficiency?
In Texas, they take you to court on a judgment in order to collect. Statutes of limitations on debt collection in Texas is four years. Debtors cannot garnish any wages.
Is there a limit to how long a creditor can try to collect a debt in England?
it was that if the creditor had not tried to collect within 7 years it was expired
Can a creditor garnish social security in Texas for deficiency after repo?
NO. Social Security income is protected from creditor claims.
Can a creditor become an administrator of an estate?
Yes, they can. Often a creditor will file for an estate so they can collect their money.
What if a creditor is not on your credit report but trying to collect a debt?
You must pay all of your legitimate debts. A creditor is not required to report a debt to a credit bureau in order to collect the debt you owe.
Can a creditor sue you for a deficiency balance?
Yes.. always it's in the fine print on the documents you signed.
Is there anyway to reduce the deficiency one your car has been repossessed?
You would have to negotiate that with the creditor. Many are willing to accept settlement agreements to have the deficiency paid off.
Can the creditor continue to collect after a 'Motion For Relief Of Stay' is granted?
Yes.
How long does a creditor have to go after someone to collect a medical bill in Ohio?
I believe in Ohio a medical creditor can attempt to collect a bill for 7 years. However, they can hold onto the account as long as they decide.
Can a US creditor collect on an unpaid credit card when the holder lives in Europe?
No
What is the length of time a creditor can collect on a debt before it is wrote off?
6 years
