Question

 Can debt be inherited?

Answer Debt cannot be inherited. However, debt collectors can use assets to pay off debt. So if a relative dies and leaves money to their next of kin, debt collectors can take that money to pay off the de... Read More »
http://www.answerbag.com/q_view/2055668

Top Q&A For: Can debt be inherited

What is the Difference Between Inherited and Non-Inherited Traits?

Traits are physical characteristics that can be displayed by animals (including human beings) and some plants. Inherited traits are passed down genetically from one generation to the next, while no... Read More »
http://www.ehow.com/info_8325043_difference-between-inherited-noninherited-traits.html

Can personal property or a paid off condominium be taken by a debt collector to pay off credit card debt in Pa?

Creditors may certainly look to seize/attach your assets of most types to pay the debts you promised or obligated to pay and don't. They also get to recover any costs for having to act to have you ... Read More »
http://wiki.answers.com/Q/Can_personal_property_or_a_paid_off_condominium_be_taken_by_a...

How long after a credit card debt judgment can a debt be collected in Michigan?

The statute of limitations on collecting a judgment in Michigan is 10 years. Keep in mind that if the debtor is paying off the judgment in installments, the statute of limitations is put on hold du... Read More »
http://www.answerbag.com/q_view/2113063

How Long Does a Debt Collector Have to Respond to a Request for Evidence of Debt?

The Fair Debt Collection Practices Act requires lenders and collectors to abide by rules and regulations to ensure that borrowers are being treated fairly and with respect. One of these rules is th... Read More »
http://www.ehow.com/info_8484360_long-respond-request-evidence-debt.html


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