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You cannot personally report an individual debt to the credit repositories. To report debt information, you would have to be a client or contributing member of that bureau, ie. a credit grantor who supplies and buys credit reports. You do have the recourse of a court case, small claims or civil court, depending on the amount owed. If a judgment is awarded to you, that information would be picked up by the bureaus and reported against the person who owes you. You only other recourse would be to personally hire a collection agency to collect the debt. This is not recommended, as collection agencies also generally deal with companies and charge a large percentage of the amount owed when they do manage to collect a bad debt.
Another thing to realize is this: getting a judgment in your favor and collecting are two different things. You must weigh the legal costs against, not only the probability of winning, but of collecting.
I have an elderly friend who lives in Clearwater Florida. She is 79 yrs. old. She loaned my soon to be ex-husband approx. $90,000 for him to invest in his business. The agreement was that he would send her a monthly check for the interest. He is either late sending the check or she has to fight tooth and nail with him just to get him to send it. She currently receives only $660.00 a month from Social Security. The state of Florida pays for her medication because they consider her under poverty level. She moved from a condo to a mobile home last year because it is difficult for her to do stairs. There was a difference of about 20-25 thousand that she would get back after she purchased the mobile home. Dave flew there to help her with the sale. Because she did not want this extra money to go through her checking acct for fear the state would no longer pay for her medications, she asked what to do with the money. Dave had the bank write the check to him and he told Donna he would use the money to pay off her credit cards. She called me yesterday crying because she did not receive the check he promised to overnight to her. Any suggestions? Thanks Cris
Dear Cris, She needs to consult with an Attorney.
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How do you file a complaint against the Navy Federal Credit Union?
You file a complaint with the NCUA (National Credit Union Association) which governs Federal Credit Unions. It is run by the Federal Government. I recently had to go this route.
How do you complain against apartment landlord?
This depends on the complaint you have against him, whether the Landlord has a boss, and if the landlord takes Section 8 or owns a complex that is under a federal loan or tax credit. If the landlord is an individual landlord he is subject to code rules of the municipality of the rental unit. If the complaint is about discriminatory issues you can complain to HUD. If he takes Section 8 you can complain to your Section 8 specialist.
If you have one credit card judgment against you can you receive another one against at the same time?
No
What is payment credit as a type of letter of credit?
A dispute letter to credit bureaus is written by an individual to the credit bureau over the some issue related to credit standing. The individual would need to be clear in his letter of dispute against that of the credit bureau, providing evidence where possible to proof the error on the part of the credit bureau.
How do you stop a lawsuit against you by creditors?
You can pay what is owed to them. Or you can file bankruptcy. Or you can answer their complaint and take it to Court. Once in Court, you can ask the judge to dismiss the complaint, but that is unlikely to happen. Your best response is to take the matter to an attorney who specializes in credit issues like yours.
How do you report a credit card company that issues unrequested cards?
You can report a credit card company to the attorney general of your state. Your state may also have a complaint line against businesses. You can also report them to the Better Business Bureau.
Where can I get information about foreign credit?
A foreign tax credit is a credit for anyone who has worked in another country. Foreign trade credit is an insurance against currency changes for businesses that sell products to foreign countries.
Can a company charge fees to credit card without permission?
No...you need to call your credit card company and file a complaint.
Where do you sign a complaint against a family member for use of your dead mother's credit if they have the same name and there was a property deed filed after death and it's not your mom's signature?
LOCAL LAW INFORCEMENT "IDENITY THEFT"
What does it mean for an individual to have a personal line of credit?
Every individual has a line of credit. This line of credit is what determines your credit score and what will be used to approve or deny you credit cards or loans.
Can a collection agent advise you to pay off the debt you owe him from another credit card he reads on your credit report?
i think ist against the fdcpa laws.
Did anyone used the company Corporate Credit Concepts to build business credit without using your personal social security number?
Yes, I used this company. This company is another online scam company. I filed a complaint to the Southern Nevada BBB where there are 5 other complaints for "Deceptive Advertising" on the Money-Back Issue. I also filed a complaint with the Washington State Attorney Generals Office.
