Question

 When is a credit card debt unenforceable?

Answer There are several situations which make credit card debt unenforceable. When a debt is unenforceable, the creditor cannot collect the balance owed.SignificanceWhen the statue of limitations has run... Read More »
http://www.answerbag.com/q_view/1901284

Top Q&A For: When is a credit card debt unenforceable

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

Is credit card debt the most common form of debt?

According to the Federal Reserve's most recent Consumer Finance Survey, credit cards are not the most common form of debt. Though 46.1 percent of American families owe debt on credit cards, 46.9 pe... Read More »
http://www.answerbag.com/q_view/2199401

How to Consolidate Debt and Eliminate Credit Card Debt?

Credit card debt can seem like a never-ending cycle. You can make minimum monthly payments on time, but the balance never gets smaller. There is hope, however. One way to pay off high-interest cred... Read More »
http://www.ehow.com/how_6377196_consolidate-eliminate-credit-card-debt.html


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