What are the consequences of not paying a debt?

In West Virginia, the consequences of not paying a debt can vary depending on a variety of factors, such as the type of debt, the length of time the debt has been unpaid, and the actions of debt collectors. Generally, when a debt remains unpaid for an extended period of time, debt collectors may take legal action, such as filing a lawsuit. If a lawsuit is filed, the court may enter a judgment, which can result in wage garnishment and/or a lien being placed against the debtor’s property. Additionally, debt collectors may also report unpaid debts to credit bureaus, which can significantly lower a person’s credit score. In short, the consequences of not paying a debt in West Virginia can be severe and far-reaching. Depending on the circumstances, an individual may end up with a damaged credit score, property liens, and wage garnishment. As such, it is important to make sure to pay off debts in a timely manner to avoid collection defense law to take effect.

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What are the consequences of not paying a debt?

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