In a secured loan can creditors sue above and beyond the items secured?
Yes, they can sue for the balance due plus interest, fees, and collection costs (if the contract states so).
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Yes, they can sue for the balance due plus interest, fees, and collection costs (if the contract states so).
This is a divorce related question, not really a debt question. The issue remains under the jurisdiction of the family court, so you would not go...
That is an unfortunate situation, but I don't see a legal or bankruptcy related question in your post.
It's a position; is it valid, sounds like a judge will decide that.
I am guessing you are hoping 3rd times a charm on this question. No matter what anyone says here, you are still going to need to speak to a local...
What's done is done. No point in explaining what you should have done. What do you do now? If they have a garnishment, and assuming this is a...
I concur with Richard, your question is hard to follow. First, are we talking about a secured claim? You say they co-borrowed with you, so...
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As already stated, not just out of the blue. There would need to be some legal basis. Two options come to mind, either 1. The timeshare sues the...
Your question is more a family law / child support question than a debt collection question, so I am editing the practice area and tags to assist...
WIthout actually seeing the letter, no one can really say. But, in general, if creditor/collector makes an offer to settle a debt, the terms of the...