Question

 Can credit card companies take your purchases if you can't pay the card?

Answer A credit card company can submit negative information to the credit bureaus and take you to court if you default on your credit obligation. But the company cannot confiscate items that you purchase... Read More »
http://www.answerbag.com/q_view/2055963

Top Q&A For: Can credit card companies take your purchases i...

Can credit card companies take your assets?

On One Hand: Yes, Legally They CanAny business or person who you owe money can sue you in court and receive a legal judgment ordering you to pay the money. If you have been found legally to owe ano... Read More »
http://www.answerbag.com/q_view/1964293

Can credit card companies take your income tax refund?

Credit card companies can garnish an income tax return if a judgment has been filed. They also have the power to file a judgment with the state to put a freeze on a delinquent debtor's bank account... Read More »
http://www.answerbag.com/q_view/2054651

How long does it take for credit card companies to sue for nonpayment?

A credit card company may sue someone for nonpayment after the account has been charged off, which can occur after six months of nonpayment. When the account has been charged off, a company may sue... Read More »
http://www.answerbag.com/q_view/2087406

Do credit card companies pay rewards when a lost card is found?

Credit card companies do not pay rewards when lost credit cards are found. If any fraudulent or suspicious activity is noted on the account, the credit card company usually prevents unauthorized ch... Read More »
http://www.answerbag.com/q_view/2264906


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