Questions tagged [debt]
Liability or obligation to pay or render something to another
140
questions
2
votes
1
answer
81
views
What resets an old debt in the state of Texas
I just got a call from a debt collector regarding a 16 year old debt. I live in the state of Texas. They called using a number I thought might be from a job prospect. They then verified my name and ...
- 1,205
-2
votes
1
answer
140
views
What is the legal situation when legally preformative letters are returned to sender?
There is a Guardian consumer article about a case where a company has gone to court for nonpayment and is about to break down the door and install a new meter, which included a warrant. This was a ...
- 215k
1
vote
0
answers
71
views
What is the legal situation if one is owed money but no longer have access to the bank account associated with the account?
There is a situation presented in The Guardian
Consumer champions that must be fairly common:
In November last year, I unexpectedly rediscovered an unused national lottery app on my mobile phone with ...
- 7,700
2
votes
2
answers
167
views
Insurance company said no money was owed and now they have changed their mind
Someone I know was told by an insurance company that since he got a new car they could not insure him because it was too old and he would need to cancel the policy. He was told multiple times on the ...
CommunityBot
- 1
0
votes
2
answers
270
views
If a person knows they are going to die imminently, but owe money, can they take out the remainder of their savings as transfers to heirs while alive?
EG maybe you have cancer and two days to live, could you go to the bank, withdrawal all your savings, regardless of anything you owe, and then just give them to your heirs now while still alive given ...
- 8,356
13
votes
4
answers
6k
views
Legality of "stealing" assets from Debtors
Yesterday, I watched an episode of a TV show where debt collectors stole valuable assets because their owners didn't pay the monthly rates or when they entered bankruptcy.
The show was recorded in the ...
- 632
22
votes
3
answers
6k
views
In a state with the common law definition of theft, can you force a store to take cash by "pretending" to steal?
If I understand correctly, (a) under common law, theft requires an intent to permanently deprive the owner, and (b) legal tender only applies to debts, not purchases. B is the reason why stores do not ...
- 17.1k
0
votes
2
answers
110
views
Does redundant first party consideration nullify a contract?
Alice is saddled by many tens of thousands of debt to her bank. She is mostly overwhelmed by this and scarcely makes any effort to repay it for a decade, it being hardly within her ability to anyway. ...
- 224k
1
vote
1
answer
112
views
Such a thing as a bankrupt law
The early 20th century folk song "On the Trail of the Buffalo" tells the story of some cowboys employed by a drover to run buffalo. In Woody Guthrie's 1945 version (video / lyrics) we have ...
- 224k
5
votes
2
answers
2k
views
Do I need to worry about inheriting Polish debt from a family member when based in the UK?
Apparently, under Polish law you inherit debt, however, you can choose not to accept the inheritance.
"Polish inheritance law follows the rule of general succession which means that heirs are ...
- 2,433
1
vote
2
answers
134
views
Can I set a fee for using my web site, and later collect it?
If I set terms of service for my web site, visitors to my web site agree to them when they use my web site (beyond, presumably, the usage technically required to obtain the text of the terms).
It is ...
- 13.7k
1
vote
1
answer
88
views
Am I responsible for an old line of credit if I am the administrator on a property sale? [closed]
I received a letter yesterday regarding my parent's property that was sold 2 years ago. I am the administrator for the estate and the sale of the property and I am being asked to pay $5868.09, toward ...
- 224k
6
votes
8
answers
12k
views
Release my children from my debts at the time of my death [closed]
Upon my death how do I physically write the actual release of debt without an attorney, so my children are not held responsible for my debts.
CommunityBot
- 1
13
votes
3
answers
3k
views
Is there an inherent legal obligation to repay a guarantor?
So as I understand a guarantor is liable to pay rent arrears if the tenant is unable, unwilling, or just doesn't pay.
I am wondering if such an occasion arose and the landlord contacted the guarantor ...
- 224k
-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 ...
- 37.9k