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What else can I help you with?
Is it illegal to dispute a collection in hopes of having it removed even though you know it is correct?
IT's not illegal but it is pointless. It takes substantial proof to have negative information removed. Denying the debt is not enough to have it taken off the CR. It is not illegal to dispute any debt. The (federal) Fair Credit Reporting Act states that bureaus have 30 days to verify any disputed debt. If any debt is not "verified" within that time frame, this debt is shielded from view, regardless of its' accuracy authenticity.
If you have debt but have retirement accounts is it better to pay off the debt with the money in the retirement accounts?
Yes. Paying off debts is always in your best interests. Not necessarily. Unless the debt is substantial, it's far better to pay off the debt with money outside of a retirement account. Otherwise you are sacrificing your retirement and years of compound interest that can't be replaced. Your retirement accounts aren't a piggybank--if you aren't of retirement age, they should only be tapped in the case of an emergency, and just having a debt isn't an emergency.
Will debt counseling hurt your credit?
Getting debt counseling is a good thing and shows your willingness to take care of your debt in a responsible way. If you are undergoing debt counseling, a notation to that effect may be appear on your credit report. This does not affect your credit score but how each creditor views this notation, differs from creditor to creditor. While it may seem unfair, there are some creditors who view debt counseling as a negative to your credit worthiness. In their view, the fact that you are in an unmanageable debt situation is not a good sign, unless you can convince them otherwise. So the reality is debt counseling may hurt your credit, depending on the subjectivity of the creditor.AnswerDebt counseling will never hurt your credit, since it is an educational activity. If you choose to enroll in a debt management program, that does not hurt your credit either. What could hurt your credit is closing any accounts that have substantial available credit. Other than that, your credit generally improves over the life of the debt management program.
What is the fine line difference between commercial debt and consumer debt?
Consumer debt is governed by the FDCPA....commercial debt is not.
What services do Debt Relief of America provide?
They offer debit consolidation loans, debt settlement, debt management, and debt negotiation services to help people manage their debt payments so they can one day get out of debt.
Is America in debt?
Yes- the US has a substantial debt- equal to slightly less the total value of all income produced in a year by the country.
When can bankruptcy be filed?
If you or your business has incurred a substantial amount of financial debt due to circumstances that were out of your control you may be eligible to file bankruptcy.
How do you use the word debt in a sentence?
Examples: * I have no debts. * I may have a few debts. * I may have substantial debt. * I may have a lot of debts. * I may have a whale of a lot of debts, * I dislike debts. * Maybe someday I will win the lottery and pay off my debts. * Having debts is a bummer.
Can a collection agency say they are a lawyer?
A 3rd party debt collector can't say that unless they are one. Otherwise they are providing false and misleading information and can be sued for substantial amounts of money. But there are many 3rd party debt collector "Attorney Offices" and if that is the case Yes they can.
What is the comparative and superlative adjectives for substantial?
more substantial, most substantial
Is it illegal to dispute a collection in hopes of having it removed even though you know it is correct?
IT's not illegal but it is pointless. It takes substantial proof to have negative information removed. Denying the debt is not enough to have it taken off the CR. It is not illegal to dispute any debt. The (federal) Fair Credit Reporting Act states that bureaus have 30 days to verify any disputed debt. If any debt is not "verified" within that time frame, this debt is shielded from view, regardless of its' accuracy authenticity.
How do you spell substantial?
You don't need a substantial answer to this question.
What is the adjective of substance?
substantial
If you have debt but have retirement accounts is it better to pay off the debt with the money in the retirement accounts?
Yes. Paying off debts is always in your best interests. Not necessarily. Unless the debt is substantial, it's far better to pay off the debt with money outside of a retirement account. Otherwise you are sacrificing your retirement and years of compound interest that can't be replaced. Your retirement accounts aren't a piggybank--if you aren't of retirement age, they should only be tapped in the case of an emergency, and just having a debt isn't an emergency.
Would you expect a telephone company to have a high debt ratio?
Yes, a telephone company is likely to have a high debt ratio due to the substantial capital expenditures required for infrastructure development, network maintenance, and technology upgrades. These companies often finance their growth and operations through debt to leverage their investments and maintain competitiveness in a rapidly evolving industry. Additionally, stable cash flows from subscription services can make it feasible for them to manage higher levels of debt.
How can you use substantial in a sentence?
I was hoping for a substantial answer.
What part of speech is substantial?
There was a substantial rise in our profit this year. This will be a substantial addition to your collection. Everyone thought the ship was substantial, but it later sank in a storm.
