Questions tagged [debt]

Liability or obligation to pay or render something to another

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34
votes
7answers
13k views

What if a restaurant suddenly cannot accept credit cards, and the customer has no cash?

If a restaurant normally accepts credit cards, and a customer eats a meal there, then tries to pay with his valid credit card, and the cashier says the credit card system is down and they can only ...
6
votes
1answer
616 views

Do legal tender laws prevent "no cash" restaurants?

This story about restaurants that only accept electronic payment set me wondering. I know that under legal tender laws a business can set a policy on what forms of payment it will accept, but that ...
8
votes
2answers
834 views

What happens to debts when someone dies?

How are debts and loans recovered by the lenders after a borrower passes away? A debt can be as small as 100 bucks for the credit card bill. It can be as big as millions of bucks for mortgage (or ...
1
vote
1answer
252 views

Is it possible to sue a UK based company from the US regarding debt collection?

I have a US-based LLC. The LLC is a service oriented company as opposed to product oriented. And all work is performed in the US. A UK-based client is delinquent in payments. The amount in dispute is ...
0
votes
2answers
5k views

Collection agency trying to collect on parking ticket? (Is this advice accurate?)

I got a ticket from a private parking enforcement company for leaving the lot when I did not leave the lot (the ticket even specifies the place I theoretically went to). I've been trying to fight it ...