Do you have to pay a debt after 7 years and can they still call everyday?
Asset is a debt buyer. Don't pay them. Technically, under the law, they can continue to try to collect for 7.5 years from the date of default. ...
Mckeesport, PA
Consumer protection Lawyer at Mckeesport, PA
Practice Areas: Consumer Protection, Lawsuits & Disputes ... +3 more
Asset is a debt buyer. Don't pay them. Technically, under the law, they can continue to try to collect for 7.5 years from the date of default. ...
The statute is actually four years from the date of default, which can be different from the date of the last payment. The default occurs when...
If it was fraud, then I don't see how you are "rolling the dice". If you didnt do it, then why worry about an investigation? You don't go to...
Attorney Abel's answer is correct. I would just like to add that it is illegal for a collector to try to collect more than the amount that is...
Yes, possibly, but this generally is not how it works. They have no reason to wait.... frankly to do so would be stupid. Its cost effective to...
Yes, they can. They can execute on any property that you own, unless you own it jointly with a spouse. Spousal property cannt be seized unless...
There are two real questions here... are these federal or private loans? and is deferment right for you? If these are federal loans, then...
The information provided by the other attorneys is correct, but the real issue here is "who is the debt collector and who are they collecting for"?...
Do not pay it then. You didn't mention who the creditor was, or who the debt collector was or what the amount was. In most cases, I advise my...
You have asked a lot of questions here, and it would take quite a while to answer them all. The most important one, can you go to jail? The...
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