 Check scam? |
| a strange thing happened last week. i received a check delivered overnight thru ups. it was made out to me for $2000.00. i took it to the bank and they funds were not available. so i waited a few ... |
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 How bad should your credit be before considering bankruptcy? |
| In other words, If i have a lot of negative items, and a score of about 560, should I just go ahead and file, or try and battle through everything? I have a mortgage that I am behind on and 2 car ... |
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 Ebay paypal? |
| is a payment by paypal only protected if you purchase off ebay,or are all paypal payments protected upto £500... |
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 If your check is being garnished for an unpaid debt can you file bankrupt? |
| or sue the debt collector for collecting on a debt that is over the statue of limitations?... |
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 Credit card hellpp meee? |
| ok i close my credit card at the point that it was about 563.00 know i receive a call that is 800 and something does it continue going to go up after close also they call and they tell evreyone how ... |
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 Whats a good way for a person like me who has no credit to get a credit card? |
| I have been applying for credits cards for a while online and stuff and it seems as if I cant get accepted and im guessing cause I have no credit history so I was just curious is there a website i ... |
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 Good 1st credit card? (plz read details)? |
I am 18 & have not had a credit card b4, I am looking 4 1 which i could use free (provided i payed the balance of monthly) & if possible 1 which gives cash back or points.
I have no ... |
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 Experian is saying that my credit score is 703. Why can't I get an auto loan? |
| I am only 19 and I have a lack of credit history but with a credit score of 703, why can't I seem to find someone to finance the car that I want? I make approx 35000 annually, so I definitely ... |
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 How do you raise your credit score fast? |
My credit score is 475 right now and I want to raise it to 800 before the end of this year. How would I do that?
Thanks.... |
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 How old does a debt need to be before you can no longer be chased for it? |
Additional Details
I am in the UK, I don't live above my means. I own my own, very profitable business! This is a debt i knew nothing about util they contacted me after 4 years! I ... |
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 Why did i get a credit card im 15? |
| ever since i turned 15 iv been getting credit card in the mail when i try to actavate then they say i must be 18 or older it relly ... |
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 How do I get rid of a credit card (other than just cutting it up)? |
| If, for instance, I just wanted to close the credit card account.... |
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 I don't have much credit, how can I build it? |
| I am 26 and finnally starting to grow up, I had a couple unpaid collections probably totalling $500, other than that I have never paid for anything on credit. Now I have a pretty good job and I want ... |
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 What happens to my debt if I die? |
I am a 23 year old college student, I don't live at home, but am still counted as 'dependant' on my parents taxes, and included in their insurance.
I am wondering, what ... |
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| Just wondering about *********? |
| What does everyone think about *********? Good or bad. I've read on the internet a lot of things about *********. Some were good, some were bad. There's a lot of people on the internet ... |
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court412 | Can you go to prison for credit card debt? |
My fiance is struggling with credit card debt and can't do anything to pay it off. He keeps telling me they can't get money from someone who has none. Anyways someone made a phone call to him last night and said "if you do not call me back by 9 pm tonight I will take every legal action possible against you". Of course he called his family to ask for advice and then they said and have been saying that it's just a "scare tactic"... unfortunatly Im not sure anymore. |
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ssunderagarwal
|
Credit Card Money is fully unsecured and generally the banks try to get back the money by employing hard core people who collects the money on commission basis and are capable of troubling you at any time. It is very rare that Bank goes to the court and put people behind the bar. It is advisable to get the interest waived off and clear the account in due course if you have defaulted and re-start the credit card. If you are a defaulter then by this time your card must have been blocked and you are unable to use it. |
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Judy1
 |
In the US, no, not unless there was fraud involved. They can attach any assets that you have though, like a car. |
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Celeste
 |
No, you can't go to prison. The most legal action they can take is filing for a judgment against your fiance. If he fails to pay after that, they can garnish his check (depending on the state) or put a lien on his property or assets.
Even though the collection agency is probably well within their rights to file suit, they cannot 'scare' him into paying by telling him they will, unless they fully intend to do so.
That is a violation of the Fair Debt Collection Practices Act and the agency can be sued and fined. However, the FDCPA doesn't apply to the original creditor.
Depending on how large his debt is, maybe he should ask the creditors for in-house programs that could help, he could get help from a credit counseling agency or as a last resort, bankruptcy. |
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LucyLECTRICâ„¢
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no
as long as theres no fraud involved.
hope it gets sorted out!!! |
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Wendy Jean
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They can't put you in jail for having debt, but they will worry the H*LL out of you trying to get you to pay it. The best thing he can do would be to call the credit company and explain his situation. Ask them to lower the minimum payment a month if it is high or interest rate. I have found it is better to be up front and honest with them, most of the time they will try to help you because they don't want to write it off either. |
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moaatimo
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No, you cannot go to jail.
Not sure why everyone who said no got a thumb down by someone, so I gave everyone a thumb up :) |
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iceman
|
NO.
Some barbaric countries across the world may send their citizens to jail for debt.. but not here in the USA. The penatly you suffer is bad credit. The only way you could serve any jail time is if you were trying to defraud credit card companies somehow. Simple debt is not a criminal offense.. |
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Mamaw
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No, unless there was fraud involved. Legal action includes collection agencies and civil court resulting in a judgement against you. |
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MSz. SLiM
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I don't believe so, but you can live in poverty. Tell your fiance that there are companies which can get you out of debts, tell him to look online or watch tv and wait for them because there are plenty of adverts for these kind of companies on the telly. |
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