If you contact and work with the creditor and the creditor agrees.
monthly or to be not that detailing, everyday
"Monthly" can function as both an adjective and an adverb. As an adjective, it describes something that occurs once a month, such as a "monthly meeting." As an adverb, it indicates the frequency of an action, as in "We meet monthly."
That Would Be 10,000 monthly
They are paid monthly. (In other words, they receive their pay once a month - and not daily, weekly or annually).When the word monthly precedes a noun, it is an adjective. He made his monthly trip to the cabin.
To calculate the monthly interest on $150,000 at an annual interest rate of 3 percent, first convert the annual rate to a monthly rate by dividing by 12. This gives a monthly rate of 0.25 percent (3% ÷ 12). Then, multiply the principal amount by the monthly rate: $150,000 × 0.0025 = $375. Therefore, the monthly interest is $375.
Yes, if the monthly payment is not the minimum amount agreed upon, a breach of contract has occurred on the part of the account holder and the creditor may take whatever action they decide is warranted.
No, unless the creditor gets relief from stay or the bankruptcy is dismisssed.
If the monthly statement is not received, you still need to send in your payment. If you do not have the address, you need to call your creditor to see where the payment should be mailed to.
It depends. If:you have a monthly loan repayment agreement with the creditor wherein the creditor automatically deducts your monthly payments from your savings account oryou have defaulted on your loan payments for more than 2 or 3 months and haven't contacted the creditor reg. the sameThen, the creditor can withdraw money from your account (if there is any cash available) towards your loan repayment. Otherwise the creditor cannot deduct any money from your account without intimating you.
Yes, if you have agreed that the house will be used for collateral.
A creditor does not legally have to accept any payment amount except that which is stated in the contract/lending agreement. Also when accepting a lesser payment the creditor is still not barred from using other methods including litigation to collect the debt. Evem of the debtor is making payments on the account the creditor can still file suit for the debt and if granted a judgment in most cases use it as a lien against the debtor's property. Because litigation is expensive and time consuming most creditors (not all) will try to work with the debtor. The debtor should contact the creditor to attempt to make other payment arrangements, not take it upon themselves to simply pay what they can afford.
It is possible. When a contract is defaulted the lender/creditor may use whatever method is available under the laws of the debtor's state to recover monies owed. Consumer's sometimes believe that if they pay any amount oon the debt and the creditor accepts the payment, other action cannot be taken, this simply is not true. It might be prudent for the debtor to contact the creditor and try to negotiate more affordable repayment terms.
Yes it is. They just don't like the amount you have chosen.
Typically credit reports are updated monthly, but can take up to 90 days in some cases.
Yes, in Pennsylvania, you can garnish monthly alimony payments to collect on a civil judgment. You would need to follow the proper legal procedures and obtain a court order to garnish the payments. It's advisable to consult with a lawyer to ensure you follow the correct steps.
The best way to lower one's monthly credit card payments is calling the card issuer and explaining why one wishes to lower the rate. Depending on the creditor they may extend the due date.
If the debt was properly assigned by the original creditor, yes. If you are making payments to the Original creditor than ask them to pull it back from there Collection agency, then dispute with the CRA's and when they update it should delete