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What will happen if you do not show up for court when being sued by collection agency or credit card company?
The defendant is not required to make an appearance in a creditor suit, but if he or she does not appear the plaintiff (creditor) will win by default and a judgment will be entered against the debtor.
FYI, unless the defendant has undisputable evidence that the suit is faulty (debt not valid, wrong person being sued, etc.) it will make no difference in the outcome whether the defendant debtor appears or not, the plaintiff will be awarded a judgment.
What else can I help you with?
Can Wages be garnished over a 1200.00 Credit Card Debt?
It is not going to happen. There is a process that these companies follow. They would first put it into collections, then sell it to a collection agency. That is way to low for even a collection agency to take you to court. The original creditor will just write it off. You have nothing to worry about unless you get a summons to go to court, which I gurantee that will not happen.
What can happen if i don't pay my credit card bills?
If you don't pay your credit card bill, the company may put the nonpayment on your credit report. Also, the credit company may sue you in court.
If a credit card company says you owe them money but it is not on your credit report do you have to pay?
If it isn't on your credit report, the credit card company still has hopes of you paying it off. When they see that isn't going to happen, you can bet your butt that it WILL be on your credit report.
What will happen if you dont paid your credit card bills?
Your credit card company will report you to one of the three credit agencies, Experian credit bureau, Equifax credit bureau, and TransUnion credit bureau.
How can you remove a medical collection that is no longer listed with the collection agency but has been returned to the original creditor?
I assume this means removing it from the CR. In which case you can't. It may eventually be updated to show the original creditor has reassumed the account. However, it is still a debt owed and still reportable. If a collection account has "been returned" to the original creditor, then the collection agency would not be able to provide verfification of the debt should this be requested. You could write a letter of dispute to both the credit bureaus and to the collection agency requesting a verification of debt. If this were provided despite the fact that the account is no longer theirs to verify, that would constitute a violation of law. This is often the first step many consumers take in gathering evidence of willful non-compliance for lawsuits against collection agencies. So, even though it may happen, it would put the CA in a precarious situation.
If a debt has been paid to the original creditor and they recall it from their collection agency will a dispute succeed in having it removed from the credit report?
Hard to say. Disputing the collection after you pay off the creditor could still come back as 'verified' from the credit bureaus simply because the collection did happen. If the collection agency does not respond to the credit bureau's query, then the entry will be removed.
If a company is no longer operating what will happen if you dispute a charge off that is with a collection agency?
Whether the company is opertaing or not, does not make any difference. Proof of your account is still there.
Can Wages be garnished over a 1200.00 Credit Card Debt?
It is not going to happen. There is a process that these companies follow. They would first put it into collections, then sell it to a collection agency. That is way to low for even a collection agency to take you to court. The original creditor will just write it off. You have nothing to worry about unless you get a summons to go to court, which I gurantee that will not happen.
What will happen if you do not show up for court when being sued by collection agency or credit card company in the state of Texas?
What may happen is the court will give the "Creditor" the ruling to Garnish Wages. Its a good idea to WRITE a letter to the creditor or Collection agency and see if you can reduce what you owe. You can negotiate a lower payment. Make sure you can afford that payment. What may happen is the court will give the "Creditor" the ruling to Garnish Wages. Its a good idea to WRITE a letter to the creditor or Collection agency and see if you can reduce what you owe. You can negotiate a lower payment. Make sure you can afford that payment.
Can a company issue debt collection to two different collection agencies?
More unlikely there is a mix up. I would verify the account number is the same. If it is then I would contact the original creditor and tell them the problem. They can direct you to the right agency. With today's electronic transfer of accounts this does happen. Rarely but it does happen.
What if you don't pay cell phone contract?
The cell phone company will charge you late fees in addition to the monthly fee that you still owe. They might also charge you an early termination fee if you have a contract, the amount depends on how long you have left. They will turn you over to a collection agency between 6-8 months after you don't pay. Then the collection agency will send you bills saying you owe the balance, and then another collection agency gets involved, because the cell phone company wants their money. After awhile, if you just ignore these letters, then the collection agency will offer you deals, like, you pay $100 and we'll call it good! This is a scam. You still owe the cell phone company your entire amount. Unless you can get something IN WRITING from the collection agency that your debt will be cleared with the cell phone company if you pay this lower fee. Even then I wouldn't trust it. And I also wouldn't recommend paying any of these collection agencies. You owe the cell phone company the money, so just call them to pay it. Of course you have to pay your whole fee, because that is what your debt is. So, the consequences of not paying are potential harassment by letter in the short term. Long term consequences include not being able to qualify for a loan for a car or house. Some rental companies even do credit checks before they rent to you. Also you will be rejected by credit card companies, and even if you are not, due to your low credit score which will reflect your inability to pay your bills on time, well, the monthly APR will be much higher than for someone who has good credit. Pay your bill.
If a collection account has been removed from credit report will it get effected by the 'last activity date' if a person pays the balance off?
It may. There is no way to tell what the repercussions will be. If the company (assuming that it is a collection agency and not the original creditor) is willing to take your payment and not update the now non-existant credit listing, then it may have no effect, except to clear your conscience. If it is an original creditor, like a credit card company; their processes of reporting and updating bureaus are so fragmented and automated, they may not be aware of, or able to control, the reporting of information to the bureaus. A paid collection with a recently reported date MAY find its way back onto your credit and impact your credit scores. Technically, the date the account was paid is NOT the date of last activity. However, this error is a common occurence and may happen in your case.
Can a collection agency take your personal possessions?
In most cases, a collection agency cannot take your personal possessions. Depending on the amount, they may be able to garnish your wages which is what would happen first.
Can collection agencies take your welfare check?
no , there is no way a collection agency can take welfare funds.should it happen ,send a copy of your benefits statement showing proof that it is welfare. the agency will then send a reversal and monies will be returned ..
What can happen if i don't pay my credit card bills?
If you don't pay your credit card bill, the company may put the nonpayment on your credit report. Also, the credit company may sue you in court.
If a credit card company says you owe them money but it is not on your credit report do you have to pay?
If it isn't on your credit report, the credit card company still has hopes of you paying it off. When they see that isn't going to happen, you can bet your butt that it WILL be on your credit report.
When the account balance is written off what happen to the account balance?
It goes to a collection agency, prepare to get annoyed and harassing phone calls
