Legal Question in Credit and Debt Law in New York
creditors
what is the legal minimum amount to pay creditors that are old?
Asked on 6/18/08, 3:47 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: creditors
A creditor's age should not be a factor regarding payment. If the individual is 45, 65 or 95 years old, as long as there is a legitimate debt the obligation of payment remains.
Mike.
Answered on 6/18/08, 4:10 pm