Unless the debt was 'discharged' by the court in a bankruptcy action, there is no limitation on how far back they can go in order to try to collect it.
Yes They Pay A percentage of the original amount and add their own legal fees and interest.
it refers to past saervices
We went through a Chapter 7 Bankruptcy a few years back and our attorney asked us, for our protection, to list any unpaid debt we'd ever had. That way, a past debt would be covered and could never be contested.
After a judgment is filed for past due HOA dues, the HOA may proceed with actions to collect the debt, such as placing a lien on the property, garnishing wages, or seizing property for auction. The homeowner will be responsible for paying the debt along with any associated interest and legal fees. Failure to comply could lead to further legal action or even foreclosure.
If you pay the past due, they'll restore your services.
Debt is not a crime in America.
I'm not aware of any but over $10,000 in credit card debt and your looking to reduce the debt by 50% or greater Started in 1996 as a local business in California, Curadebt quickly became one of the fastest growing debt services in the country. By the year 2000, they had partnered with one of the largest credit counseling groups in the nation and from that year on they have worked to help over 10,000 consumers and businesses each year to get out of debt. Curadebt provides debt negotiation, debt settlement, and consumer (and businesses)credit counseling services, and with their experience they have become the best at what they do. The average debt settlement that they provide saves consumers 50% on their debts, and they have past settlement letters on their website that show savings as high as 89%. With that,
In the past we had crops and mines now we have interest rates and pecentages.
Hello, Please search in google for State Statute of limitation. I could have answered that, if i knew which type of debt it is and which type of contract you have along with your state. You should get the answer, there are a lot of websites that have State Statute of limitation. If it is past SOL (Statute of Limitation), then they cannot take legal action against you. Make sure to count the years correctly, The clock starts ticking when you make the last payment. The clock reset if you make a single payment during years. For Example: If you debt in 2004, never paid them......... but in 2006 you paid them $200, just to get them off your back. If this is the case, then the clock resets and you SOL time would be counted from 2006. Thanks!
Backed is the past participle of back.
You can send someone to collections when they have failed to pay their debt after a reasonable period, typically 30 to 90 days past the due date. Before doing so, it's advisable to attempt multiple communications to resolve the issue, including reminders and payment plans. Additionally, ensure that you have documented the debt and complied with any legal requirements, such as sending a final notice. It's important to follow fair debt collection practices to avoid legal repercussions.
The note was called at that point. You can either pay off the rest of the debt and try to get your car back or you are out.