 Can i just go to the bank and cash a 3,000 personal check? |
| I will obviously go to the bank that the check is drawn from. I just wanna know if i can get 3,000 in cash.... |
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 Why do people chose to have debts? |
I mean like, when people get (a) credit card(s) for no actual reason, and fail to pay it back for years.
Additional Details
For clarity; I only mean 'bad debts'. Ones which are ... |
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 The debt collection agency "threatened" to call my employer. What good would that do? |
| I have an outstanding credit card balance that is now going through different collection agencies. A new one called the other day and I talked to the rudest woman yet. She tried to threaten to call ... |
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 Serious question ! how do i go about clearing my credit history? |
| i have a really bad credit history, how would i go about clearing it, i would idealy like to pay off all the debts, i have, under some kind of payment sceme but i dont know who to coantact, please ... |
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 How do you get items off your credit report that should no longer be there? |
| I have found items on my credit report that have passed the statute of limitations. How do I get them off the list?... |
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 OmG! My dad just got the phone bill and i have 2 pay him $200 by next week. HOW DO I GET THE MONNEY?!? |
| I over used my cell phone minuets, i made long distence calls, 3-way alot, and a bunch of other crap. How the h*** am i gunna get $200 in one week?! im only 15! THANX!... |
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 Credit card - when to pay? |
| I have a new rewards card, and am trying to rack up some rewards points. I have put a few things on the card that I have the cash to payoff immediatly. I just wanted the points for the purchases. S... |
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 What is the statute of limitations for credit card debts? |
| I need to know which state's law apply. I incurred many debts when I was living in Illinois. Now, I live in Ohio.... |
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 Is there a credit card for people who have no credit or bad credit? |
| i want to get a credit card but i have very little credit so if there are credit cards for people like me what are the names or ... |
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 Dealing with a Collection agency/how trust worthy are they? |
| Hello, i am in a real mess here. I got a call last week from a Presily Williams from a company called portfolio management demanding 4500 for discover card. I told this Presily i had a Discover ... |
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 I need US$3,000..? |
now you know how you can be chosen for best answer...
Additional Details
still not giving the desired answer after 16 answers...... |
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 What happens if i go bankrupt? |
| I have no house or assets to speak of and due to financial situation am thinking of going bankrupt, what happens to thimgs like my car, which is worth about £3000, which is nothing compared to what ... |
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 Would you let someone use your debit card? |
| They always give me the money up front, (its for direct TV) but still I am always a little hesistant about it. I mean does that affect my credit even though the subscription is not in my name?... |
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 Is it too easy to get a credit card? |
| My dog just got pre-approved for a $25000 credit limit card.... |
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 Is 13,000 in personal loans and credit card debt bad? |
| I have accumulated 13k in credit card debt and personal loans. I want to get one personal loan to consolidate all the debt. I have about a 630 credit score. However, I can't seem to get a ... |
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soldier of fortune | I have a debt over 5 years old and the creditors have only just asked for payment. am i in my rights to refuse |
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Slrvcarm
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Try this site. I think you can even contact the man, but he's really good. http://www.fightback.com/ |
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PJ
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Ahhhh no. You owe someone money you need to pay them. You do not get to say 'It has been 5 years... too bad for you". |
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zippythejessi
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Nope. If you incurred the debt, you have to pay it back. It doesn't matter when they ask you for it. |
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S Csparky
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your debt stays with you for 6 yrs
used to be three |
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Ollie
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Hi,think the way the law stands if you refuse to pay.It will go down has a bad debt.Have just put a search in yahoo type debts over 5 years old in & click on number 2.It gives you the information you require.Good Luck |
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RIGGS
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take some friendly advise from someone who's been there got the t-shirt? right your debt is over 5 yrs old..right/or wrong?
if its right ,chances are you re debt has been sold on to another company ,sounds daft i know,but it will have,and now it will be another company chasing you for the debt?...please stop me if I'm wrong? sorry you cant can you,I'm just adding a bit of humour into the equation?
right i ll give you a example...say for arguments sake you owe a leading bank £5,000..and you have constantly defaulted,which in between the lines you have? the bank is insured against this,so instead of fighting to re-claim the money incurring any more costs,company's out there buy the debt from the bank, and then try to re-claim the amount due?
often ,they will accept a lump sum considerably lower than the amount due for full settlement?so now your debt is with them and not the bank? are you following this?
so now for a £5,000 pound debt,that they have bought,you can try to offer ,say £500.00 to clear the debt outstanding? they will either disagree or agree?..always remember the bank is insured and they already have there money back? its these independent company's that want to make money off other peoples back?...my advice..don't be scared or intimidated ..play these sharks cos that's all they are..at there own game? please think about what i have said? |
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DF
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If you've had no contact from them for 6 years, you will probably get away with it. In the UK. |
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peroxide.pixie
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i dont think you have a right to refuse-if you BORROW it you have to PAY it back |
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dustystar
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It is in your right to refuse, if you want to wait for 2 more years it will be removed from your credit report, but if you want to clear it up sooner you have to pay the bill. If it has been 5 years it may have just been sold to a collection agency. I would first dispute the bill. |
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mktobyjo
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You knew you owed it 5 years ago. You need to pay it. |
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beauty s
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YOur wrong.. U need to pay it , u ran up your own debt and they can come after u in till u pay them.. and this makes your credit look bad |
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LUKE
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It depends on what the statute of limitations is in your state. If it's expired, then you don't need to pay. There's nothing they can legally do. |
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JB
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According to the Fair Debt Collections Practices Act section 809, you're well within your rights to ask for proof of the debt. You have to do this within 30 days of the initial contact o6 the creditor can legally assume it's yours. You may want to do that first.
If it's yours then you're morally bound to pay it. Legally too. They can legally take action against you. |
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manufacturingsystems1.com
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whether your "morally" obligated or not, it is up to you. the only thing creditors can really do are harass you to a point. |
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D.lo
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You can try,but no.Some collection companies will work with you to lower the obligation.Might want to see if this is an option.Cuz,basically after a certain time it gets passed over to another agency over and over again.If you don't take care of this it'll show to credit reporting agencies.That'll be a financial burden to any future credit you may need whether it be a credit card,home,or anything that requirews a credit check.I betting this could already be on your credit report.You should check it if your concerned bout your credit score as well. |
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fanella
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nope if they found you then you have to pay it |
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Barry auh2o
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We' be interested to know who you got away with it for 5 years.
You can ask, but don't be too disappointed with their answer. |
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