Nexa Collect

NOVEMBER 1, 2021

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Debtors are legally bound to pay their liabilities like outstanding credit cards or unpaid bills etc.

Debtor 130

Debtor Creditors Government Banks 130

Jimerson Firm

FEBRUARY 10, 2022

At the same time, however, the account owner/debtor is still responsible for the balance, and the lender/creditor can still make an effort to collect what is owed, with obvious exceptions being discharged or dischargeable bankruptcy filings. Charging Off” Uncollectable Debt. 1.6050P-1(b)(2)(i). See IRS Info. 2005–0207, 2005 WL 3561135 (Dec.

Lender 98

Lender Credit Unions Credit Unions Collections 98

Jimerson Firm

DECEMBER 14, 2021

9), which prohibits a person from attempting or threatening to enforce a debt it knows is not legitimate or asserting some other legal right it knows does not exist. Had actual knowledge that the right did not exist. One example of a prohibited practice is provided in Section 559.72(9), Bank Nat’l Ass’n, 245 F. 2017); § 559.72(9),

Debt collector 105

Debt collector Fair Debt Collection Consumer Collections Legal Rights 105

Consumer Financial Services Law

NOVEMBER 12, 2019

The order stated that “a creditor may have the right to enforce a valid lien such as a mortgage or security interest. Please note, however Nationstar reserves the right to exercise its legal rights, including but not limited to foreclosure of its lien interest, only against the property securing the original obligation.

Bankruptcy 40

Bankruptcy Creditors Legal Rights Foreclosure 40