Archived
I filed a chapter 7 Bankruptcy, what if I forgot companies or the companies arent on my credit report just yet?
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Answered on May 01, 2012
Answer to Question #1:
Entry of a discharge in your bankruptcy case does not act to discharge your ex-boyfriend from his liability for the...
Archived
If a bill is emailed, rather than sent by mail, does it qualify as an official record of billing?
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Answered on April 29, 2012
You should direct the creditor to send your statements to your current mailing address or to an alternative e-mail address that you use. If you...
Archived
Does writing "PAYMENT IN FULL FOR FILE #" release a debt?
Glen's answer
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Answered on April 29, 2012
If your settlement proposal has been accepted by the creditor's attorney, then you should draft a letter to the attorney confirming the exact terms...
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My debit have been reported to IRS. now i need to file for 1099 and still my creditor went me to pay the debit
Glen's answer
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Answered on April 29, 2012
Subject to certain exceptions, any financial institution that forgives or writes off $600.00 or more of a debt's principal (the amount not...
Archived
I received a letter from a collection agency trying to collect on rent that was not paid.
Glen's answer
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Answered on January 06, 2011
Your liability, if any, for the alleged balance due will likely depend on the circumstances surrounding the termination of your lease. It is not...
Archived
Can they take my tax return?
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Answered on January 04, 2011
Generally speaking, a credit card company does not have the abilityt to levy your bank account absent entry of a judgment against you.As long as...
Archived
I took over payments on a friends truck, never signed any paperwork and a month ago i found out his bank still owns it.
Glen's answer
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Answered on January 02, 2011
Your friend likely financed the purchase of the truck through his bank and gave the bank a lien on the vehicle as collateral. The bank does not own...