0
What else can I help you with?
How long after a repossession can a creditor sue you?
The time frame for a creditor to sue you after a repossession varies by state, but typically it ranges from 2 to 6 years. It's important to check the specific statute of limitations in your state to determine the exact time frame.
What are the effects of release by the guarantor without the consent of creditor?
When a guarantor is released without the creditor's consent, it may jeopardize the creditor's ability to collect on the debt if the primary borrower defaults. The creditor may lose the guarantee provided by the guarantor, who may no longer be obligated to fulfill their obligations. This could lead to increased risk for the creditor and may impact the terms of the loan or credit agreement.
What is the statute of collection of small claims judgment in California?
In California, a small claims judgment is typically valid for 10 years and can be renewed for an additional 10 years if necessary. This means the creditor has up to 10 years to try to collect on the judgment before it expires.
How many years are you responsible for a debt?
The length of time you are responsible for a debt depends on the type of debt and the statute of limitations in your state, typically ranging from 3 to 10 years. However, it's important to note that even after the statute of limitations has passed, the debt still exists, but the creditor can no longer sue you for payment.
How long does civil judgment last in the state of GA?
In Georgia, a civil judgment typically lasts for 7 years but can be renewed for an additional 7 years. This means that the creditor has up to 14 years to enforce the judgment against the debtor's assets or income.
Can a creditor come after you 8 years later after a chapter 13 has been discharged?
If the debt was discharged in the BK, no.
What date starts the 7-year limit on a credit report?
depending on the creditor there is no time limit on bad credit reporting because when the seven years come close the creditor can sell your debt to another lender and the seven years start over
How long can a creditor come after you for an unpaid balance and what can they do?
looks like 6 years. AFTER they get a judgement, they can garnishee your wages, ect. NO JAIL.
In Texas can a creditor come to your house?
Yes, in the state of Texas, a creditor can come right to your house if you owe debts. However, in other states, the creditor must first get court papers to just show up at your residence.
Is there a limit to how long a creditor can try to collect a debt in England?
it was that if the creditor had not tried to collect within 7 years it was expired
In California how many years can a creditor continue to chase you for payment and report it to the credit bureau?
Until you pay your debt or file bankruptcy.
How long can a creditor attempt to collect on an account?
As long as they feel its worth it, i have come accross a collector from 6 years ago that i forgot about - they rarely forget. There are not time limits for when a creditor or collector can pursue debt collection procedures. In the U.S. all states have SOL's pertaining to how long a creditor has to file a lawsuit against the debtor to obtain a writ o judgment.
Would a creditor come to your home country of Indonesia and sue you if you have 30k in debt from the US?
He doesn't need to come to your home country. The creditor only has to petition the US court, get a judgment against you and send you notification of such.
How many years does does the Olympics come again?
after eight years
If a few payments were made to a collection agency for a repossession after the fact will the repo come off of the credit report 7 years after the repo or 7 years after the few payments were made?
The report will be removed 7 years after the date of the last on time payment to the original creditor.
How do you get a creditor removed from your credit report that was listed in the bankruptcy two years ago?
If the debt was discharged in the BK the entry for the creditor should read as such. The entry itself will not be expunged until the required 7 years has expired.
How can a person get a past delinquent pay off a credit report when it was dismissed because of bankruptcy?
Really, the only way to have it removed is to dispute it with the credit bureau reporting it. The credit bureau will then contact the creditor for verification. If the creditor can't verify the account, it must be removed immediately. If the creditor can verify the account, your choices are limited to disputing it again and/or just waiting for 10 years for the account to come off of your report.
