This notice is not from a debt collector but from the party to whom the debt is owed.
Virginia Notice by Mail to Debtor of Action if Payment not Made
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Multi-State
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US-01748BG
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How to fill out Notice By Mail To Debtor Of Action If Payment Not Made?
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FAQ
Setoff is an equitable right of a creditor to deduct a debt it owes to the debtor from a claim it has against the debtor arising out of a separate transaction. Recoupment differs in that the opposing claims must arise from the same transaction.
This chapter establishes the policy of the Commonwealth as it relates to the accounting for, management and collection of all accounts receivable due to the Commonwealth.
In Virginia, there is a statute of limitations, also known as the length of time debt collectors have to recover the unpaid debt. In a written contract, debt collectors generally have a five-year period to try and collect or take legal action. However, a three-year period applies for oral contracts.
The Set-Off Debt Collection Program is a legal remedy for collecting delinquent debts owed to Virginia's administrative government units and courts.
§ 58.1-520. "Debtor" means any individual having a delinquent debt or account with any claimant agency which obligation has not been satisfied by court order, set aside by court order, or discharged in bankruptcy.
No return of any state or local tax need be verified by the oath or affirmation of the person or persons who are required by law to sign the return but the signature of such person or persons to any such return shall be sufficient.
Virginia Code § 16.1-79 authorizes creditors to file a warrant in debt in the debtor's local General District Court, a lower-level court in the Commonwealth. The warrant is presented to either the sheriff or authorized process server for delivery to the alleged debtor.
§ 58.1-801. Upon deeds conveying property lying partly within the Commonwealth and partly without the Commonwealth, the tax herein imposed shall apply only to the value of so much of the property conveyed as is situated within the Commonwealth.
