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Can debt collectors take settlement money?

Debt collectors can indeed take settlement money from someone if they owe debt. These collectors may take from what they need to.


What is a debt?

owe money


Can a merchant mariner's wages be garnished be debt collectors?

If you owe back child support.


When you owe money to someone it is called?

debt


You owe money if you die is the debt over?

No the debt passes on the the heirs of the estate.


What does it mean if you are in debit?

It means you have money. But if you're in DEBT, you owe money.


What information can you gather from a debt collector?

A debt collector can tell you and is required by the FTC to provide you in writing the name of the person or company you owe the money to, the amount of the debt, and what you can do if you think you do not owe the debt. If you need to know more information about debt's you owe,contact the FTC.


If you owe money to a person what is your economic condition called?

Debt.


What is a debt ceiling?

Debt ceiling is the limit on how much money the US Federal government can owe.


Can younegotiate with debt collectors?

Certainly! Depending on the age of the debt, the amount, and several other factors, you can often negotiate a settlement for much less than what you owe.


Can you challenge a debt?

Absolutely! It is your right as a US citizen to challenge anybody who says you owe them money. If they cannot produce the proof that you owe them that debt, then they cannot legally attempt debt collection on you.


What does it mean to be in the red with expenses?

To be in the red is to have overspent, to be in debt, to owe money.