Jeffrey C Ankrom’s Answers

I think an important facet to your question is to whom is each spouse responsible. If one spouse's name is on the credit card account, then that person is the one responsible to pay the account -- in the eyes of the credit card company. (I'll refer to the person named on the account as the debtor consistently through this answer. The other spouse, whose name is not on the account, I will call the non-debtor spouse.) In Rhode Island Family Court, a judge may order that the non-debtor...

Money from SSDI, even if it is in your checking account, should be protected from any creditor trying to take it, even student loans. However, it is probably easier to close your checking account and transfer to a new bank than it is to stop the creditor from taking it.

You should begin by filing an objection to the motion to issue the execution. Ask the judge for more time to pay. Explain in detail your reasons why you missed the payment. Depending on the judge and the reasons you present, you may get more time. The collection attorney knows this is a possibility too, so he or she may even offer you more time when you get to court, though it may be under less favorable conditions than the first stipulation. The worst that can happen is the execution issues;...

There may be ways to convince the investor to do the loan modification without filing bankruptcy. ASC often says that the investor will only do one loan modification, but that may be their policy not the investor's. Plus that policy may violate the terms of the investor's agreement with the US Treasury to implement the Making Home Affordable program. Escalating the loan modification application to the MHA help center, or a written correspondence identifying the dispute and requesting a...