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In the US there are several laws governing credit card debt. Some of the more interesting include that it is unsecured debt so that it may be discharged in bankruptcy, that you must be given an interest free payment window for purchases, and that a card holder's liability is capped at $50 USD for a lost card.
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In Canadian Law am I responsible for my spouse's credit card debt?
NO, not if my name was not on that card
When someone goes to prison what happens to his credit card debt?
The person's credit card debt will remain as unpaid unless they pay it. Going to prison does not cancel any type of debts incurred.
Can credit card debt collectors go after your social security check?
No, credit card debt collectors cannot go after your social security check. Debt collectors are not able to go after your income under the Fair Debtors, Creditors Act.
How do the new credit card laws affect students?
The new credit card law called the Credit Card Reform affects students by not letting card issuers lure students in with freebies or offers for a credit card application. This law limits issuing credit cards to people under the age of 21.
Does the state of Florida allow you to be sued over unpaid credit card debt?
Yes.
In Canadian Law am I responsible for my spouse's credit card debt?
NO, not if my name was not on that card
In English Law What happens to credit card debt after the death of The card holder?
The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.
Can you get arrested for a civil action law suit for a credit card debt?
no
What is alabamas staue of limmitations law regarding credit debt?
Alabama has one of the longer statute of limitations (SOL) for credit card debt. Credit card debt is considered a contract debt in AL. That makes the SOL 10 years from the date of last activity on the account.
Can a credit card company garnish your wages in North Carolina?
No, N.C. law does not allow wage garnishment when it pertains to credit card debt.
What is the difference between a debt card and a credit card?
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
Where can I get advice on credit card debt solutions?
I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
Could You Get Garnished For A 1900 Credit Card Debt?
There were no credit cards in 1900, hence no credit card debt.
When are you in credit card debt?
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
Does Texas law allow judgments by the courts to garnish wages for credit card debt?
Yes, Texas allows garnishment of wages for credit card debit
Is an additional credit card holder liable for the whole debt on the credit card account?
ia an additional credit card holder liable for the whole debt of the credit card account
Who is responsible for outstanding credit card debt if bank cancels your credit card?
You are because you incurred the debt.
