Can a credit card company collect from a deceased persons parents?
Not unless they were guarantors of the debt.
What to do if credit card company refunded extra money?
You are legally required to tell them about it and give it back to them if they request it (which they will).
If the management company files it immediately with a credit agency, it may be hours or days.
Maybe, California is a community property state which means that all assets and debts are joint between spouses regardless of who obtained the assets or incurred the debts. Whether a company chooses to pursue payment of debt accrued under such conditions depends solely upon the creditor.
How are you notified of foreclosure?
This depends on the state and the type of foreclosure used.
In general, there are two different types of foreclosure.
In judicial foreclosure, banks are required to bring a lawsuit against the homeowners in the local district court. Homeowners are notified of the foreclosure when they are served with the paperwork including the lawsuit complaint the lender has filed. Notification is often done by a sheriff's deputy hand delivering the paperwork or by the bank sending the paperwork via certified mail.
In nonjudicial foreclosure, the bank is able to sell the home at auction without suing the borrowers. Notification is often done by having a sheriff post a Notice of Sale or Notice of Intent to Foreclosure and Sale or similar notice on the property itself. Notices must also be posted in local newspapers, in public gathering places, or at the county courthouse.
The specifics vary by state, but these are the two most common methods of foreclosing on a home and how the debtors are notified of the pending loss of their property.
Seize bank account for credit card debt?
If your bank account has been seized because of a debt you owe, you should call and work out a payment arrangement with the creditor. You should also start a new bank account.
Am I responsibile for debts after the death of my spouse in Florida?
Florida is a Tenancy By The Entirety state when matters relate to married couples. That being the case, a surviving spouse is only responsible for those debts that were jointly incurred during the marriage. If the surviving spouse wishes to retain the home and there is a mortgage, he or she would need to renegotiate the terms with the lender if he or she was not on the lending agreement, the same applies to a vehicle(s).
Can the lender freeze bank accounts?
In most cases, lenders cannot freeze bank accounts. They can, however, in some cases collect money from a bank account without permission from the account owner. That takes a judge's intervention. Most lenders will not go that far.
Is it illegal to start collections on charged off accounts?
is it against the law to start collections on charged off accounts.
I beg to differ but you can also look this up. It is not illegal to start collection proceedings on charged off accounts, most businesses will write debts off to bad debt BEFORE placing them with a 3rd party collector such as an attorney or collection agency.
Once payment is made the money is posted to bad debt recovered to offset the write off. This is done to remove the bad debt from their books and also for tax purposes.
Can wages be garnished by more than one judgment creditor at a time in North Carolina?
When a creditor garnishes your wages they can only take a certain percent. Then when another creditor comes along they cant garnish your wages to because the first one is already taking the maximum allowed.
Can I refuse to accept a summons on a bad debt?
Of course. All the plaintiff will need to do however, is publish the summons in the paper and you will still be considered served.
credit is when you pay for something with another companie's money, and then you have to pay them back later. Debit is when you pay for something with your own money out of a bank accound.
How do you know if you are sent to collections?
A debt collector has to attempt to send a letter within 5 days of placement.
Are you having a difficult time with a debt collector?
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What is the calculation to figure current maturity of Long term debt?
şunu bir an önce cevaplayın ödev var amına koyim faydalanalım dedik cevabı yok topunuzun amını eşşekler siksin
Can a collection agency collect outside of their licensed state?
Only if they are licensed in another state and only if that state requires a license. If no license is required, any agency can collect there.
Can a collection agency sue if you do not refuse to pay?
If you are not refusing to pay and you pay the debt, they would have no reason to sue you. If you refuse to pay a valid debt, they may advise their client to sue you depending on what state you are in and what the laws are there. Some states only allow original creditors to sue and not the collection agency.
If your motor home is repossessed and you can't pay the difference what happens?
The motor home is sold and the money received from that is used to pay the difference. Any money left over will be returned t the owner.
What can a credit card company attach if a judgment is found in their favor?
Any assets you have such as property, automobiles, bank accounts or wages.
Can a collection agency take your personal possessions?
In most cases, a collection agency cannot take your personal possessions. Depending on the amount, they may be able to garnish your wages which is what would happen first.