no but you should pay your bills
Yes you can.
3 years or when the debt already had it birthday
Eventually they will.. i suppose.
Bankruptcy is a legal proceeding whereby an individual or a business can declare an inability to pay back debts. Bankruptcy allows individuals or businesses to either restructure their debt and pays it back within a payment plan , or have most of their debts absolved completely.
Evil people are said to have sold their soul to the Devil. If he collects on the debt, the person loses their soul or dies.
Debt Busters is a debt consolidation company based out of South Africa, it has been in operation since 2008. Of all the debt management companies in South Africa, they are the largest.
Yes you can.
3 years or when the debt already had it birthday
A bad debt can be collected on indefinitely. The debt is owed until it is paid or written off by the creditor or individual.
Yes it can ! Depending on how resilient the company is - they can chase you round the planet to recover their debt ! If necessary, they can even have you deported back to the UK to face a court of law ! Better to settle on an agreed repayment plan !
Eventually they will.. i suppose.
Assuming you are talking about a debt that is being collected from you, yes.
In the United States, the statute of limitations on collecting a debt varies by state but typically ranges from 3 to 10 years. After this period, the creditor may no longer legally sue you for the debt, but they can still attempt to collect it through other means like contacting you for payment. It's important to check your state's specific laws on debt collection for accurate information.
The average salary of a debt collector is 28,000 dollars. The percentage given as a commission varies from 3 to 5% of the debt being collected. In some companies, it is even a larger percentage.
A consumer's responsibility for a debt is a separate issue than credit reporting. If you owed a debt 5 or 6 years ago, and never paid it, you still owe it. There is a statute of limitations for how long a debt can be collected, another for how long a consumer can be sued over a debt and another for how long a debt can show on your credit report.
William Penn when he collected the king's debt to his father.
Depends on which USA state where you live - Check Debt with Statute of Limitations; and http://www.bcsalliance.com/y_debt_sol.html