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What else can I help you with?
If your debt is not included in the credit bureau can you be sued by the debtholder?
A debt does not have to be reported to a credit bureau in order for the business to pursue collections, sue or place the account with a collection agency. If a debt is owed, it can be collected by phone calls, letters, personal visits or through the court system.
What happens to a lien placed on a property and that person who is owed the money dies?
The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.
How do you recover twenty thousand dollars owed to you in court of law.?
File a lawsuit for the debt in the appropriate court.
Can debt collectors take you to court for unpaid debts?
Yes, debt collectors can take you to court for unpaid debts in order to try to collect the money owed.
Your joint account with your wife had been frozen due to a debt she owed Can your personal account be frozen too as a result of that?
If a joint account with a wife had been frozen because of a debt she owed, a husband's personal account can also be frozen, but it depends on when the debt was acquired and who the money is owed to. A legal professional will be able to advise a person about the laws of their state as it may differ about community property laws.
What is the process for resolving debt in court?
Resolving debt in court involves a legal process where a creditor files a lawsuit against a debtor to collect the owed amount. The court will review the case, and if the debt is proven, a judgment will be issued. The debtor may be required to pay the debt, negotiate a settlement, or declare bankruptcy to resolve the debt.
What are people called have a debt owed to them?
A creditor is someone who has a debt owed to them. The one who owes the debt is the debtor.
How can you find out who you originally owed if a debt collection company is now collecting?
After being contacted by a collection agency you have thirty days to request confirmation of the debt. Their response should include the balance owed and the place where the debt was originally incurred.
Does owner of quit deed pay mortgage if mortgagee dies?
Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.
How do you collect a debt owed when you have been awarded a judgment from the court in Florida but no payment has been forthcoming?
It is the responsibility of the judgment holder to choose the method how to collect the debt owed. The judgment holder files the judgment with the clerk of the issuing court in the manner they wish to collect the debt, such as a wage garnishment, bank account levy, property lien, etc.
Can one person get a court order against another to get money owed?
If they win a lawsuit they can. But they must follow the process and convince the court that it is a legitimate debt.
Can power of attorney take me to court for debt owed to deceased?
A power of attorney expires on the death of the principle. However, the executor of the estate can take you to court.
