A legally enforceable debt is a debt that meets the requirements to be able to be enforced in a court of law. It is debt that must be repaid.
An unwritten, legally enforceable agreement is usually called a verbal contract.
Yes, creditors can legally sell your debt to another party, who then has the right to collect the debt from you.
Yes, if you owe a debt and a debt collector is legally pursuing payment, you are generally required to pay the debt collector.
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.
I divorced my husband and had the credit card debt negotiated so that he was the responsible party for paying the debt. He does not pay on the debt therefore I found out that I am liable for the debt because the card was opened in both names.
A legally enforceable debt is a debt that meets the requirements to be able to be enforced in a court of law. It is debt that must be repaid.
This is a debt that can be legally enforced in a court of law. You can file for a judgment and the court or judge stands behind this.
A contract must be in writing to be legally enforceable when it involves the sale of real estate, a promise to pay someone else's debt, or an agreement that cannot be completed within one year.
The word that means legally collectible is 'enforceable.'
No, It is known as an intra-family social contract and not legally enforceable. Social service agencies cometimes can be sources of guidlelines for the wording these agreements.
An unwritten, legally enforceable agreement is usually called a verbal contract.
They can sign it, but it is not legally enforceable.
Some are and some are not
Yes, it can be enforced. If it is reasonably clear as to the expectations and time frame involved, the court can rule that it is a valid and enforceable contract.
Yes, creditors can legally sell your debt to another party, who then has the right to collect the debt from you.
Contracts are agreements that are legally enforceable. An agreement does not have to be legally enforceable in order to be an agreement. The element of enforceability by law is what distinguishes the two.
In the US, OSHA is the governmental organization that issues legally enforceable safety standards for the workplace. Numerous other national organizations issue standards that are not legally enforceable but serve as benchmarks and expert guides.