Questions tagged [debt]
Liability or obligation to pay or render something to another
10
questions
37
votes
7
answers
19k
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What if a restaurant suddenly cannot accept credit cards, and the customer has no cash?
If a restaurant normally accepts credit cards, and a customer eats a meal there, then tries to pay with his valid credit card, and the cashier says the credit card system is down and they can only ...
- 1,103
11
votes
1
answer
3k
views
Do legal tender laws prevent "no cash" restaurants?
This story about restaurants that only accept electronic payment set me wondering. I know that under legal tender laws a business can set a policy on what forms of payment it will accept, but that ...
- 13.7k
6
votes
2
answers
2k
views
Is a surviving spouse responsible for the medical bills of the deceased spouse
My wife died last December and the hospital where she had been receiving treatment is sending bills to the home, in her name, asking for payment. I called them and told them that she was deceased and ...
- 63
1
vote
1
answer
545
views
Is it possible to sue a UK based company from the US regarding debt collection?
I have a US-based LLC. The LLC is a service oriented company as opposed to product oriented. And all work is performed in the US. A UK-based client is delinquent in payments.
The amount in dispute is ...
- 1,674
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
11
votes
2
answers
1k
views
What happens to debts when someone dies?
How are debts and loans recovered by the lenders after a borrower passes away? A debt can be as small as 100 bucks for the credit card bill. It can be as big as millions of bucks for mortgage (or ...
- 213
8
votes
1
answer
950
views
Legal standing as a house-sitter during a bailiff visit
Let's suppose someone is house-sitting for an associate, and they are away on holiday. Then some enforcement agents come to settle a debt, claiming to be entitled to seize any possessions at the ...
- 777
4
votes
2
answers
860
views
Can a creditor double their money after a default by joint debtors?
Can a creditor double their money after a default by joint debtors?
In other words, lets say that two people jointly owe a bank $100,000 and both are fully responsible for the loan. The loan goes ...
- 6,998
2
votes
2
answers
274
views
What does it mean when an obligation is 'waived'?
A while ago, I received a LOD (Letter of Demand) for an amount of $380 with ABC-CO. I signed up for a service with ABC-CO 10 years ago and terminated the service 5 years ago. I have not received any ...
- 79
0
votes
2
answers
8k
views
Collection agency trying to collect on parking ticket? (Is this advice accurate?)
I got a ticket from a private parking enforcement company for leaving the lot when I did not leave the lot (the ticket even specifies the place I theoretically went to). I've been trying to fight it ...
- 101