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Can an 82 year old with Alzhiemers be taken to court if she does not pay a credit card debt which is over 4 year old?
The short answer is yes. However it is much more complicated. In the case of an incomptent person's finances, where there is no a Power of Attorney or legal guardian order the court takes over. The procedure can be simple or very complexed depending on the state of residency and other contributing factors. The state statutes regarding this issue can be reviewed for specifics. Please email me if you feel I can be of assistance.
What else can I help you with?
Can credit card companies sue you if your 65 years old or older?
No. They cannot sue you just because you are 65 years old or older. Yes - They can sue you, if you owe them money
Will a credit card company consider an elderly borrower's advanced age when deciding whether to sue over credit card debt?
No. The only issue the creditor is interested in is if the debtor has assets which can be seized for the debt owed. Creditor's really do not care if a person is elderly, ill, disabled, and so forth, they simply want their money. All debtor's are allowed to protect specific types and amounts of property according to the exisiting laws of their state of residency from creditor attachment and/or seizure.
What happens in GA if you are put in nursing home and no longer can pay your credit card the agency is saying it will be turned over to an attorney because several charges were made in the last year?
They can certainly turn it over to an attorney, but if there are no assets than they can't be paid. I would suggest contacting the company directly and explaining your situation. If they can't or won't help you, then simply imply that you will declare bankruptcy and this should ease, if not end, the calls.
Who is responsible for grandmother's credit card debt?
The responsibility for your grandmother's credit card debt typically falls on her estate after she passes away. If there are insufficient funds in the estate to cover the debt, the creditors may not be able to collect. It's advised to consult with a legal professional to understand the specific implications in this situation.
What happens to credit card debt for someone in a nursing home?
Being in a care facility does not make someone immune to creditor/collector actions. Although people in such a situation generally do not have assets that a could be subjected to creditor attachment. It would be advisable to review the person's financial status to determine if they are "judgment proof" under the laws of their state of residency. If there is a POA (that is not limited) in place, they should take on the responsibility of notifying creditors if they find it to be in the best interest of the person they represent. The person with the POA might want to consider obtaining legal advice before taking any actions.
Does Tennessee allow garnishments for credit cards?
Garnishments can only be issued on debts which have been taken to court and a judgment has been issued. A person can be sued and taken to court for a credit card debt.
Can I get an out-of-court settlement on my credit card?
It is possible to get an out-of-court settlement for a credit card. Credit card companies and collection agencies offer a variety of payment and settlement options for the debtor.
Can credit card debt collectors take you to court in Pennsylvania?
yes you can be taken to court however if you have no assets really all it will affect is your credit score and some harrassing calls, since it is illegal to garnish your wages in pa
If I have credit card debit can my home be taken?
No.
What is a judgment in personal finance?
When a person is taken to civil court (for example, a credit card company suing a cardholder to get paid back), the court makes a judgment for or against the plaintiff (entity initiating the lawsuit, in this example, the credit card company). If the judgment is for the plaintiff, the result is effectively a judgment against the defendant (the person taken to court in the example). Part of the judgment is the amount that is to be paid to the entity winning the court case (judgment). Judgements against a borrower (and the amount set to be paid by that borrower) will make their way onto the credit report and will cause a drop in credit score.
Can a car be taken to pay off credit card debt?
Yes. A car can be taken for a credit card debt if the creditor sues you in court, is successful and obtains a judgment lien. The creditor can use that judgment lien to take any property you own including your home and your car and your bank account.
What are the release dates for Cristina's Court - 2006 The Dom and the Credit Card?
Cristina's Court - 2006 The Dom and the Credit Card was released on: USA: 22 May 2009
How do you get a pending transaction taken off a credit card?
ermiyas in the building
Credit card debt default and asset seizure?
A company can seize assets doe to credit card default if they obtain a judgment through the court. You will be notified of the court date.
What are the penalties for not paying credit card debts?
your creditor will give ur case to credit collection agency...and if if u dint pay can b taken to court where magistrate can ask u to pay fine and all the debts including court admin charges
How do you pay credit card with debt card?
Simply contact the credit card company - and ask for a payment to be taken from your debit card. They'll ask for the card number, expiry date and ccv. The payment will be taken from the account associated with your debit card almost immediately.
Can a motorcycle purchased on credit card be repossessed?
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
