You could possibly go to jail and or prison. Sorry IF this question is an actuality for you. :(
Yes, the agreement includes their ability to sue you for unpaid bills.
If your sued and your creditors receive a judgment they can put a lien on your property.
Yes. It doesn't matter how much the account balance is, it only matters if the creditor can collect the money owed after wining a lawsuit
Yes. You can be sued for for unpaid debt no matter where you live. Further more, this debt WILL affect your financial standing in Australia and your ability to get credit here.
Develping good creditBorrowing money for any purchase, and making regular payments as scheduled until the debt is discharged will start or maintain good credit. Keeping credit cards less than 35% of the allowable credit limit will count.Having one or two, rather than several or a dozen credit cards is best.Make sure you never get sued or have a judgment registered against you by a court.Using your credit card, and paying the entire balance before the due date, is an excellent way of developing good credit, and is free.
Yes.
Yes, the agreement includes their ability to sue you for unpaid bills.
Yes. Even though credit cards are considered unsecured transactions, the account holder can be sued by the original creditor or a third party collector for the debt.
No. But you can be sued and all of your assets can be in jeopardy, including your current paycheck. Unpaid credit card debt is a civil matter, not a criminal one. It's only criminal if you somehow commited fraud in obtaining the credit. Really, obtaining credit through fraud is a crime anyway, even if you are making the payments.
If you anyone money, you can be sued.
Absolutely yes. It happens to someone everyday.
If your sued and your creditors receive a judgment they can put a lien on your property.
Yes. Every time you sign for a purchase, you are agreeing to the terms and conditions of use of the credit card which includes repayment. If you don't repay the debt, you will be sued for not only the credit card charges but for interest and probably legal fees, too.
Yes. It doesn't matter how much the account balance is, it only matters if the creditor can collect the money owed after wining a lawsuit
That is what we call theft. And then you will be sued, your wages garnished and your credit destroyed.
If by "served" if you're asking if you can be sued for the unpaid balance of the loan, yes you can.
Yes. You can be sued for for unpaid debt no matter where you live. Further more, this debt WILL affect your financial standing in Australia and your ability to get credit here.