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Specific Debt Collection Laws per State

Date: Fri, 03/09/2007 - 09:35

Submitted by anonymous
on Fri, 03/09/2007 - 09:35

Posts: 202330 Credits: [Donate]

Total Replies: 10


Does anyone know where I can find the
debt collection laws for a specific
State?
I have found info on garnishment and the SOL for my state, but that's it.

I want to know exactly what can and
can't be done as far as debt collection.


I live on a fixed income. Recently we have gotten to a point that we are unable to meet all of our bills. What are the laws governing Ky and what can they legally do if I cannot pay all of my bill? Can they sue and take my government check or will it just ruin my credit?


lrhall41

Submitted by on Sun, 03/11/2007 - 08:21

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Tammy google lawdog.com for specific laws regarding credit,finance,and collection.If you are on a fixed income like a government check,they would have to sue you to garnish.Most government checks cannot be touched except for certain debts.They will ruin your credit,that is a given.Give me more specific info on debts and I may be able to do more.


lrhall41

Submitted by cajunbulldog on Sun, 03/11/2007 - 10:11

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Thank you. My sister lived in Arizona over five years ago. She had a credit card with a limit of $1000. She closed the accout when she loss her job and made payment arrangements for $100 per month but they continued to bill her late fees and as over limint fees. Her bill is now $4000 and this company 800-218-8710 which refuses to give its name or location unless she first gives them access to her direct deposit bank account. they claim they are in the process of garnishing her pay through suit. How can I verify who these people are?


lrhall41

Submitted by on Sun, 03/11/2007 - 18:50

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Int rate = legal 8% - judgment 12% (which is high) ny is only 9% statue is 5 yrs on an open acct 15 w/written contract 5 on oral contract judgmments are good for 15 yrs the state does allow for wage garnishment 25% of income or 30 times the fed minimum hourly wage (whichever is less) that being said you can also have your bank accounts restrained for double the amount of any judgment taken against you. hope that helps


lrhall41

Submitted by on Tue, 09/16/2008 - 12:36

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