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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.

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What is legally enforceable debt?

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.


What is the meaning of legally enforceable liability or debt?

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.


When must a contract be in writing to be legally enforceable?

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.


What word means legally collectible?

The word that means legally collectible is 'enforceable.'


Is a family constitution a legally enforceable document and where can one get a template?

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.


What is an unwritten agreement that are legally enforceablecalled?

An unwritten, legally enforceable agreement is usually called a verbal contract.


Can a 17 year old sign a contract in Mighigan?

They can sign it, but it is not legally enforceable.


Is regulation legally enforceable?

Some are and some are not


Is a contact without a date legally enforceable?

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.


Can creditors legally sell your debt to another party?

Yes, creditors can legally sell your debt to another party, who then has the right to collect the debt from you.


All contracts are agreements but all agreements are not contract discus?

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.


What is the national organization that creates safety standards for the workplace?

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.