The debtor does not sue. The creditor does.
And yes, these suits generally include the debt, interest accrued, and the costs associated with collecting, such as attorney fees.
Yes, you can sue a co debtor for at least half of the remaining balance. You would owe part of it as well.
If the debtor included your debt/cause of action in his BK petition, then the answer is that you can NEVER sue because said debt/cause of action was discharged in the BK.
yes
If the debt has not been paid on in more than seven years than no. Otherwise yes.
Yes. A creditor can sue for a debt and if they get a judgment they can use the judgment to garnish the debtor's wages.
For a written agreement; which involves a credit card debt is 4 yours from the date of last activity or last payment. Once this expires, the debtor can no longer collect on this debt, or sue you for this debt.
Yes, the lender/creditor can sue the debtor in the state court in the county where the debtor resides for the debt owed regardless of where that debt was incurred. In some cases, the lender/creditor can send the defaulted account to the National Board of Arbitration bypassing the usual court procedure of a lawsuit. The debtor will be notified in advance of any litigation the lender/creditor chooses to take.
Debt collectors in Canada can sue individuals in the US for debts owed. However, they must follow the appropriate legal procedures in the US and comply with the laws governing cross-border debt collection. It is advisable to seek legal guidance if you are facing a lawsuit from a Canadian debt collector in the US.
Yes. If they sue the debtor and win a judgment the creditor or collector can execute the judgment in accordance with the laws of the debtor's state. Texas, Pennsylvania, South Carolina and North Carolina are the only US states that do not allow wage garnishment for creditor debt.
Take a look at your credit card agreement. There may be a clause that allows them to do that. And they can always get a judgment against you to allow them to place a lien.Judgment Liens For Creditor DebtCredit cards are unsecured debts, this means no specified collateral has been used to secure the debt. For a creditor to place a lien against a debtor's property due process needs to be followed.Due process means the creditor's attorney would need to sue the debtor in the state court in the county where the debtor resides. If the plaintiff/creditor wins the case a judgment is entered against the debtor and the judgment can be executed as a lien against real property.Even in cases where arbitration is allowed in lieu of a lawsuit, the plaintiff/creditor must still follow the judicial process of filing for and executing a judgment in accordance with the laws of the debtor's state._________________________________________________________________Above info not correct in Florida!!!!!!!!If this is your homestead home it is illegal to place judgment against homestead residence & noncollectablesee Fl Statutehttp://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=Ch0222/Sec01.HTMGlen
Depends how great your debt is! If it's fewer than a thousand dollars, you better talk to them. If it's more than 10.000 you'll need a payment plan. They will only sue you if you did not respond to their warnings, and show unwillingness to pay!
Of course you can, if you have a legitimate reason to bring suit against the person. The fact that you owe the person money doesn't change that. However, you had better be sure that the reason for the suit is real, or you will have more trouble on your hands than just owing someone money.