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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
Can a debt collector come to your house without prior notification?
No he certinally CANNOT. It's not allowed. Not legal.
In Arkansas can a collection agency sue you if the original creditor accepts payment on the debt?
If the debt was sold to a collection agency and the original creditor accepted payment AFTER the debt was sold, the money does not belong to them. If, however, you paid the debt and it was mistakingly sol after that payment, the collection agency can't try to collect. If you have proof of payment, forward it to the collection agency and deman in writing that they cease trying to collect this debt.
What if a debt creditor tries to collect something from a 15 year old debt?
He can try, but to pursue collection after being notified by mail that the debt is no longer valid is a violation of the Federal Fair Debt Collections Practices Act.
what if a thirdparty creditor does not validate the debt but try to garnish wages anyways?
They cannot collect unless they prove: 1. the debt is valid. 2. that they have authority to garnish the wages on behalf of those owed.
How can you collect debt after bankruptcy?
As a creditor? The debt doesn't exist anymore, so you have nothing to collect (presuming it was in the BK and discharged). You can't collect it and it is illegal to try....if you believe fraud was committed or such in thr BK (like he hid assets that could have been used to pay you), bring it to the Court.
If you already paid a debt can a collection agency legally continue to try to collect the debt?
Not as long as you can prove you paid it.
How long can a collection company try to collect on an account?
Until your state's statute of limitations runs out on that debt.
Can a creditor try to collect the debt for a car that was repossessed six years ago?
Yes, there are not time limits in which a collector or creditor can pursue the recovery of monies owed. All US states do have SOL's relating to the time a credior has to file a lawsuit against the debtor.
Can a debt collector try to collect on a debt that is your ex husbands?
If you are a co-applicant, yes ..... otherwise no.
What is your business?
When a customer's loan or bill goes into default the company that lent the debtor the money will try to collect the debt. Most debt collectors are from the actual lender or are contractors that have purchased the debt and will try to collect the money from the debtor with interest.
Can collection agencies request additional money on interest charges after the debt is paid in full?
No, a debt collection company purchases a debt from a creditor. They can try to collect on that debt but may not charge interest on it as they have no contract with you outlining interest charges. If a company is attempting to do that, cite the Fair Debt Collection Practices Act, a federal law, and complain to the Federal trade Commission, which oversees debt collection practices.
