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Creditors can force a person into bankruptcy, if you are not already, but generally speaking, you cannot load up all your net worth in your home, and refuse to pay everybody else. This is why creditors can force a person into bankruptcy under the right circumstances. They usually don't, but they can.
What else can I help you with?
How can one get a credit card promotion?
One can get a credit card promotion by taking one of the following steps; applying for store rewards cards, entering information on a creditors webpage, owning a credit card, or having good credit.
Should some credit card debtors be spanked hard by the creditors?
Oooh Kinky ;)
Can you leave out credit card debts when filing bankruptcy?
no, all creditors must be listed.
Do you get a credit card in the air force?
no
How can one get instant credit card approvals?
Before a person can get an instant credit approval most creditors will check a persons credit score and current income. In order for approval it must meet certain criteria based on the individual creditors requirements.
What are the estate laws in California concerning credit card debt?
Credit card debts are one of the primary reasons someone should open an estate. The estate has to pay off the debts. If the estate doesn't have the assets to do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
After a promotion how do you increase your listed income at the credit bureaus?
Credit bureaus don't usually keep that information. You provide it to prospective creditors when you apply for a loan or credit card.
Could you still get a credit card abroad if you have bad credit rating in UK?
Yes, U.S. creditors cannot see what your credit report looks like in the U.K.
Who is resposible for credit card debt if there is no estate?
The estate is responsible for the sole debts of the decedent. If there is no estate then the creditors are out of luck.
Will creditors offer a discount to pay off a deceased persons credit card?
My Dad had a credit card that had a balance of over $12,000 on it. They offered a payment of $3,600 to forgive the debt in full. We paid it and he now owes nothing. His card was a Citi Bank backed card.
If a person dies in Florida leaving credit card debt and the home goes to the spouse is half of the home subject to probate and collection by the credit card companies?
no in the state of Florida the homestead is exempt from all creditors
I applied for a credit card and got denied because of the age of my credit what is that?
creditors may not discriminate by age---only way this can be true is if they have broken the laws by fcra or you are a minor
