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Credit and Debit Cards

Credit cards are instruments that facilitate revolving debt for consumers so that they may acquire goods and services and pay the card issuer the amount of the charge plus interest at a later date. Debit cards pay for purchases at the time of sale by deducting the amount immediately from the consumer's deposit account.

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What happens in GA if you are put in nursing home and no longer can pay your credit card the agency is saying it will be turned over to an attorney because several charges were made in the last year?

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If you are unable to pay your credit card bills while in a nursing home in Georgia, the credit card agency may pursue legal action against you for non-payment. This could involve the debt being turned over to a collection agency or an attorney for further action. It's important to be proactive in communicating your situation with the credit card agency and seek advice from a legal professional if needed.

Who is responsible for grandmother's credit card debt?

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The responsibility for your grandmother's credit card debt typically falls on her estate after she passes away. If there are insufficient funds in the estate to cover the debt, the creditors may not be able to collect. It's advised to consult with a legal professional to understand the specific implications in this situation.

Can an elderly person regain control over his life if a relative is abusing power of attorney?

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Yes, an elderly person can regain control over their life if a relative is abusing power of attorney by seeking legal help. They can revoke the power of attorney, report the abuse to authorities, and seek protection through legal means such as obtaining a protective order or guardianship. It's important to act swiftly and decisively to protect the elderly person's rights and well-being.

Can a retirement pension be garnished in AZ?

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In Arizona, retirement pensions such as Social Security benefits are generally protected from garnishment by creditors. However, there are certain exceptions such as owed child support, federal tax debts, and court-ordered restitution. It is advisable to consult with a legal expert for specific advice related to your situation.

Does Social Security recycle Social Security numbers?

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No, Social Security numbers are unique identifiers for individuals and are not reused or recycled after someone dies. This helps prevent identity theft and confusion in tracking individuals' earnings and benefits.

Are children responsible for parents nursing home debt in NY?

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In New York, children are not automatically responsible for their parents' nursing home debt. However, under certain circumstances, such as if they have signed a contract agreeing to be financially responsible for the debt, or if they have transferred their parents' assets to avoid paying for care, they may be held liable. It is recommended to seek legal advice in such situations.

Are adult children responsible for a parent's nursing home debt in Pennsylvania?

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In Pennsylvania, adult children are not typically responsible for a parent's nursing home debt. However, there are exceptions if they agree to be financially responsible or if there is evidence of financial abuse. It is advisable to seek legal advice in such situations.

What happens to debts if a person goes into a care home for the elderly with alzheimers and the local authority claim the pension to pay for the care home leaving no money to pay the debts?

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If a person's pension is claimed by the local authority to pay for care home costs, any remaining debts may go unpaid. In this situation, it is important to communicate with the creditors about the individual's circumstances and seek advice on how to manage the debts effectively. Any joint debts could potentially fall on the other party, depending on the specific arrangements.

Can credit card companies sue you if your 65 years old or older?

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Yes, credit card companies can sue individuals of any age for unpaid debts. Age does not exempt someone from legal action for failing to pay their credit card bills.

An appointment to pay off political debt is called?

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It usually refers to relatives, but giving political jobs/appointments

in return for political favors is nepotism.

What is the required age to get a Debit card?

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Typically, you need to be at least 18 years old to get a debit card on your own. Some banks may offer joint accounts with a parent or guardian for individuals under 18 to have a debit card.

What is the French meaning of merci pour ta carte bisous?

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The French phrase "merci pour ta carte bisous" translates to "thank you for your card, kisses" in English.

Which of your responsibilities as a caregiver depends largely on where you live?

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The regulations, laws, and standards governing caregiving practices such as training requirements, scope of practice, and certifications can vary depending on the country or state where you live. Additionally, the availability of support services, resources, and insurance coverage for caregivers may also differ based on the location.

What is Missouri's oldest community?

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St. Genevieve is Missouri's oldest community, founded in 1735. It is a historic town with well-preserved French colonial architecture and is also a designated National Historic Landmark.

How do you cancel a free trial to Prevention Magazine?

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To cancel your free trial to Prevention Magazine, you typically need to contact their customer service department by phone or email. Check your confirmation email for contact details or visit the magazine's website for cancellation instructions. Be sure to cancel before the trial period ends to avoid being charged.

Who is responsible for your parent's credit card debts if they are in an assisted living facility and there is no money to pay the debts?

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Generally, children are not responsible for their parent's credit card debts unless they are joint account holders or cosigners. If the parent is unable to pay their debts due to being in an assisted living facility with no funds, the credit card company may have to write off the debt as uncollectible. It's advisable to consult with a legal professional to understand the specific laws and implications in your region.

Will a credit card company consider an elderly borrower's advanced age when deciding whether to sue over credit card debt?

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Credit card companies typically consider various factors when deciding to sue for credit card debt, such as the amount owed and the borrower's ability to repay. While age may not be a determining factor on its own, the borrower's overall financial situation and assets may influence the company's decision. It's important for elderly borrowers facing difficulty with credit card debt to seek financial advice and explore options for managing their debt.

What happens to credit card debt for someone in a nursing home?

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If a person is in a nursing home and unable to make payments on their credit card debt, the debt typically remains their responsibility. The credit card company may work with the individual, their family, or their power of attorney to establish a repayment plan or negotiate a settlement. In some cases, if the individual has no assets, the debt may be written off by the credit card company.

Can an 82 year old with Alzhiemers be taken to court if she does not pay a credit card debt which is over 4 year old?

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It is possible for an 82-year-old with Alzheimer's to be taken to court for unpaid credit card debt. The court would need to determine the individual's mental capacity to handle their finances and legal matters. It is advised to seek legal assistance to navigate this situation.

What can a credit card company do against a debtor if they were recently diagnosed senile and have no assets and live with a caregiver?

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If the debtor has no assets and is incapacitated due to a medical diagnosis, the credit card company may have limited options for recourse. They can try to negotiate a settlement with the caregiver or consider writing off the debt as uncollectible. Legal action may not be a viable option in this situation.

What is amount that constitutes a crime fraudulent use of credit card under federal us law?

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Using a credit card without authorization for any amount can constitute a crime of fraudulent use under federal US law. The threshold amount for it to be considered a felony varies by state.

What are some methods criminals use to commit check fraud?

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Criminals may alter the payee or amount on a check, create fake checks, use stolen or lost checks, or utilize counterfeit checks in check fraud schemes. They may also engage in check kiting, which involves floating funds between accounts to artificially inflate the balances.

Can a eighteen year old go to jail for stealing a credit card?

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Yes, an eighteen-year-old can go to jail for stealing a credit card. Stealing a credit card is a serious crime that can result in criminal charges, fines, and possible jail time, regardless of age.

Can a 18 year old go to jail for stealing a credit card?

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Yes, an 18-year-old can be charged and potentially face jail time for stealing a credit card. The severity of the charges and potential consequences would depend on the laws in the jurisdiction where the crime occurred.

What felony's will stop you from getting a twic card?

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Felony convictions within the past 7 years for crimes such as espionage, sedition, treason, terrorism, murder, assault with intent to murder, and human trafficking will disqualify an individual from obtaining a TWIC (Transportation Worker Identification Credential) card. Additionally, individuals with pending charges for these offenses or those who are not in compliance with the terms of their release, parole, or probation are also ineligible for a TWIC card.