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Subjects>Business>Accounting

Can you sue someone that owes you money?

Anonymous

∙ 15y ago

Updated: 9/28/2023

If you watch TV, most of the Judge shows are about someone who you gave for say 600$ for their furniture, and you say they didn't pay it back, and that gets you to court.

Wiki User

∙ 15y ago

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Continue Learning about Accounting

What is a debtor?

A person who owes something to others is called as debtor or a person who owes money or money's worth to others. By- Nalini & Raje

How do you get your money from someone?

Ask them in-person for the money. Call or send a reminder for the money. Threaten to sue for the money. If they do not pay, go to your courthouse to file a claim in small claims court.

Does accounts receivables show how much money is owed to the company?

That is correct. If someone owes me money, then that is money that I am going to receive, if the loan is paid, hence that account can be classified as accounts receivable. If there is money that I owe, which I therefore intend to pay, then that is classified as accounts payable.

How do you get a judgment against someone who owes you money?

Go to your local courthouse. File a small claims court case against the person. Show up in court and present your case.

Can you be the beneficiary of a pension if the decedent owes money?

Yes this might be possible.

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