All Questions
6
questions
1
vote
1
answer
72
views
How do you get an interest-free conditional debt recognized?
How do you get an interest-free conditional debt recognized? Let's say I sign a contract with a relative that says upon my death, you get X amount of money if I have enough money to service that debt, ...
- 5,180
-1
votes
2
answers
123
views
Does Unsecured Debt Have Implicit Collateral?
I am thinking of a simple case.
For example, suppose I bought a home, but there is a mortgage where the contract stipulates that if I default, the bank can seize up to 95% of the home value. This 95% ...
- 157
12
votes
2
answers
2k
views
Student Loan from years ago pops up and is taking my salary
Summary: For decades I had my student loans paid by automated payment from my bank without a problem; just take it out of my bank and there's a small benefit in interest for it.
Recently, my ...
- 231
-1
votes
2
answers
54
views
Financial Debt Transaction question, Compliance/accounting laws [closed]
I am an IT Database person at our company. Our company does not have a financial transaction interactive program for business users, to log customer debt payments or debt increases. So they are ...
1
vote
1
answer
110
views
Are US banks required to notify users of debts before passing them to collections?
Say a customer of a large American bank, let's call him Paul, overdrafts on a debit card from said bank, let's call it ABC Bank. There is no notice of an overdraft at the time the money is withdrawn, ...
- 2,185
1
vote
0
answers
89
views
How to get fake debts legally quashed?
Consider the situation where a company claims someone owes them money. The person disavows this debt and believes it is falsely assigned to them.
Further, assume the company sells the debt to a debt ...
- 6,998