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Is someone with power of attorney responsible for paying taxes and credit card bills from period of time when the previous power of attorney misused funds had plenty of money and did not pay?
Yes, if the person has full power of attorney and the person who gave it is not able to take care of their personal business.
Can a credit card company issue a summons for unpaid debt or can a credit card company retain services of an attorney and sue for unpaid debt?
sure they can but they cant collect or that is what happens in texas they can get an injunction against you but that means you have to pay them but not when Absolutely. You own them the money and they can hire an attorney or sell the debt to a collection agency.
Should you hire an attorney for a credit card collection lawsuit?
No
How do you keep attorney from suet on stolen credit card?
eat him /
Is a power of attorney allowed to have an ATM card?
Generally speaking, if person A gives a power of attorney to person B, then person B can attend to any or all of person A's business, including banking, in the same manner as person A could do himself or herself, subject to any limitations contained in the power of attorney document itself. For specific legal advice, consult a lawyer in the jurisdiction where the power of attorney was given, preferrably with a copy of the document itself.
If you did not pay your credit card what happens?
the credit card company sends people to get their money i would want to pay them.
What happens if I return something I bought with a credit card?
If you return something you bought with a credit card, the merchant will typically refund the purchase amount back to your credit card. This will result in a credit on your credit card statement, reducing the amount you owe.
Who is responsible for your credit card debt after your death and your spouse has given you power of attorney due to dementia?
Your estate will be responsible. Indirectly, you wife will either have to pay it or get a smaller inheritance.
What happens when the credit card on file with a company you owe money to is invalid?
They say that I am in contract to pay for everything. They have my credit card and that's it. What can happen if the credit card on file is invalid?
What happens when you make a purchase using a credit card?
When you make a purchase using a credit card, the credit card company pays the merchant on your behalf. You then owe the credit card company the amount of the purchase, which you must pay back according to the terms of your credit card agreement.
What happens if credit card dues are not paid n credit card company sues you?
they will take your money and repossess your belongings
What happens when you overpay on your credit card?
The overpayment will sit on your credit card account until youeither use your card to pay for items and use up the overpayment or you claim it back from the credit card company.
