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What else can I help you with?
Can you be sued by the original creditor if they have already sold your case to a collection agency?
If they've sold your case to a collection agency, they have been "paid" for your debt with the money the collection agency gave them for your case, so, no, they can't legally sue you - as far as I know.
How long can a debt collection agency sue you in Ohio?
In Ohio, the statute of limitations for debt collection lawsuits is six years for most types of debts. After this time period has passed, the debt collector cannot legally sue you to collect the debt.
Limit to how long collectors can legally collect your debt in Ohio?
In Ohio, the statute of limitations for collecting a debt is typically 6 years for written contracts and 4 years for oral contracts. After this time period has passed, creditors cannot sue you to collect the debt, although they can still attempt to collect it. It's important to be aware of your rights under the Fair Debt Collection Practices Act (FDCPA) to ensure collectors are following legal guidelines.
Are adult beneficiaries responsible for deceased parents debts?
No, you are not responsible for their debt. The only person legally responsible for a debt is the person that signed the contract for the debt. It doesn't matter if your dead parents left you money. Collection agencies cannot legally collect someone else's debt from you - but they will try. See the FDCRA to know your rights in debt collection.
Can your spouse collect your retirement pension after you die?
Yes, if you are legally married, the survivor is usuallyentitled to continue to collect the pension. although at a reduced rate, than when the pensioner was alive. In certain cases, the pension dies with the person named in the paperwork. Check with the pension provider.what is considered legally married.is common law considered legalley married?
Can you collect your husbands fed tax shelter pension if you were married for only 48 hours before he died?
Yes, by that time you are already his wife and you are legally allowed to collect it. As long as you can show proof that you are the wife, there wouldn't be any problem.
If the collection agency amount is more than the creditor amount which amount do you legally have to pay?
A collection agency legally require the amount of the debt, plus any other charges/penalties incurred in the collection of the debt.
How long does it take for a debt collection agency to collect a debt?
A debt collector can attempt to collect on a debt for as long as she wants. She cannot, however, bring legal action against you once the statute of limitations has expired. At this point, she may still attempt to contact you by phone and written correspondence, but that is legally the extent of the actions.
Can they legally keep selling your old debt to other collection agencies to keep the debt active?
YES, but your question is not well thought-out. There may be statutes of limitation in your state of residence when you incurred the debt, regarding a particular type/category of debt -- you would have to check further along that line. If the debt is not of a category having statutes of limitations, then the creditors can continue collection effort or resell the debt to a collection agency (that can then continue the collection effort) pretty much until they decide to quit spending time and resources on the effort. Even your death won't prohibit creditors from pursuing your estate. This is a primary reason for the existence of personal bankruptcy -- to legally terminate some or all debt that you are not capable of paying.
Can creditors legally sell your debt to another party?
Yes, creditors can legally sell your debt to another party, who then has the right to collect the debt from you.
Can you legally be sent to collection if you have been paying on a bill every month on time?
NO
Can you legally collect railroad spikes?
The short answer is no you cannot legally collect railroad spikes. Since 9/11 the railroads have been a lot more concerned about who is on, or around their tracks. The best way to get used spikes is to contact the railroad and get permission.
