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What else can I help you with?
Can a creditor repossess a car when the payment is one day late?
Yes Usually they allow a grace period for an arears payment, but they do not have to.
Can a creditor still collect a debt after an estate has been closed?
If the estate was duly probated and is now closed then the creditor is out of luck. When an estate is probated a notice is published and the creditors have a certain time period during which to file a claim with the probate court. That time period varies from state to state. If that time period has passed the creditor cannot collect.
How long does a creditor have to file a lawsuit on a charge off in California?
In California, a creditor typically has four years from the date of the last payment or activity on the account to file a lawsuit for a charge-off. This period is governed by the statute of limitations for written contracts. It's important for consumers to be aware of this timeframe, as making a payment or acknowledging the debt can reset the statute of limitations.
The withholding on vacation wage payment is?
Taxed as though it were a regular payment for the periods occuring during the vacation period. (payroll accounting 2012)
Does fawazil mean extra payment made to the nobles?
during pre british period it was meant so
If a creditor loans money for a 5 year period during which there is intense deflation will his repaid loan buy more or less goods or services?
more
If a car payment is 5 days late can it be reported to the credit bureau?
Short answer, yes. If your lender has a grace period and you exceed it, it can be reported. If your loan doesn't have a grace period, it can be reported as late once received as late. It's at the discretion of the creditor and their policies, which should be spelled out on your contract.
What is the grace period on a mortgage?
The grace period on a mortgage is a set amount of time after the due date during which a borrower can make a payment without incurring a late fee.
What is the length of the grace period for a loan?
The length of the grace period for a loan is the amount of time after the due date during which a borrower can make a payment without incurring a penalty.
Is debt still owned if decease person has a will in probate and the executor receives a proof of claim from creditor after debts paid and no money left only home already transferred to beneficiary?
When a will is probated there is a statutory period during which creditors must file claims. No assets should be distributed until after that period has passed. If the creditor didn't file its claim during that period it is out of luck. If the claim is made during the statutory period and there is no money left the executor has a problem. The debts must be paid before any distribution is made. If there is a question about the time period for filing claims and whether the claim must be paid you should consult with the attorney who handled the estate.
If you have a 10 day grace period on your auto loan. The payment is originally due on the 9th and your grace period ends the 19th. You pay the payment on the 15th. Does it effect your credit at all?
It depends entirely on the company as to whether they report it or not. They can report any late payment, even if made during the grace period. If they don't report it, it will not affect your credit. If they do report it, it will show up in the credit reports.
What is the bona fide need rule?
Funds are available only for payment of expenses properly incurred during the period of availability or to complete contracts properly made within that period
