Responsibly pay your debt, or arrange repayment terms and hold to them.
A business credit card debt can affect someone's personal credit card rating. A credit report for an individual is processed by activity of one's overall credit. This means that having debt for a business credit card can hurt a person's chances of receiving lower interest for a home finance loan.
Once a person is deceased all debt is completely erased from that person's credit. If they own a home and do not have a will nor a co-signer of the home loan the government will take over the ownership of that home. If they have credit card debt, the debt is forgiven and no longer in existense.
No. Credit card debt is unsecured and they can take nothing from you ever. They can only harrass and threaten and trick you into settling for a percntage of what you owe.
There are many ways to pay off student credit card debt. Some of the ways to pay off credit card debt are borrow against life insurance, get a home equity loan, renegotiate the term with a creditor and many more.
yes
Recent studies reveal that millions of people around the world are experiencing problems that are related to credit card debt. Unfortunately, credit card debt prevents many from applying for home loans, automobile loans, and certain jobs. Credit card debt can be resolved if one is willing to take a few steps. Getting professional help from credit card counselors or debt counselors is one powerful way of eliminating this serious problem. Using credit cards wisely is one simple way of minimizing the possibility of abusing them. Using these two simple steps can help anyone deal with credit card debt effectively.
If you have made a debt to them and you are not able to satify the debt they request the court take your property to repay the debt.
Credit cards are unsecured debt. If use your home to back up the Credit line. Yes they can.
no in the state of Florida the homestead is exempt from all creditors
Yes that can hapen any where.
The general rule is that the estate is responsible for the debts of the deceased, including medical bills and credit card debt. It's not clear what owning a mobile home and car have to do with it, other than that those are assets that could be liquidated to pay off the debt.
In general, any debt you owe on any credit card is still payable if you lose a job.