I had an account with a jeweler in 2004. I could not make payments so I returned the merchandise. They continously called me claiming to have never recieved the merch. I was placed in collections for 2,500 dollars which I never paid because I retu...
You have received some good answers on this question. You need to be careful and watch out for this creditor. If they sue you and you fail to respond thinking that the statute of limitations protects you, then you may lose by default and end up with a judgement against you. You can take preemptive action against them, assuming that the claim is actually time barred, as you say.See question
I didnt really take it seriously and didn't show up for the hearing. Now it says I owe 4000.00 due in a month! Yeah not to swift.
While an appeal or rehearing might be possible, it may not be economical given that the claim is $4,000. If you owe other debt, or if other circumstances warrant, you could file bankruptcy to get rid of this. Feel free to contact me as we handle New Hampshire cases.See question
My wife owned property prior to our marriage and it is being foreclosed on further she will be filing chapter 7 in the near future. I have no involvement in the property or the mortgage. What my question is, I have a CD in my name with my wife on...
Just to further one other answer a bit further, if the funds are now and always were your funds, then one way to deal with this is to withdraw the funds and place them in a new account in your name alone. You should have no problem (no guaranty) and can then (or now) look into whether or not the trust documents protect you in the event of circumstances that you describe.See question
I have a valid prenuptial agreement signed before I was married and my spouse is thinking of filing chapter 7 on pre-marriage debt. Am I responsible for the debt and will I be required to report my income on means test.
Each of the answers that you have received based upon the facts that you have presented are accurate for someone from Massachusetts. Your wife's bankruptcy lawyer represents just her and not you. So, even though he or she should consider and advise about the consequences to you of your wife's filing bankruptcy, there is no obligation to do so. There may be other factors giving rise to liability to you, and if it is a concern for you, you should seek legal advice.See question
Hi everyone, I'm not sure where to start and what information is consider sensitive. My husband believe we need to file for a bankruptcy. We have a home in Florida that we purchased last May, we have two cars that are both purchase very recently, ...
You have received some very good introductory advice from the lawyers that have responded.
1. You should seek a consultation.
2. You should not try to file on your own.
3. In each case, the devil is in the details, and what can and cannot be accomplished depends upon what comes out in the consultation.
So, make a call, and choose the lawyer that you feel comfortable with.
Good luck.See question
Is there a process to work out a payment plan if the defendant owing the judgment files for bankruptcy?
The answer to the question is that bankruptcy "maybe" allows a judgement debtor to walk from a judgement. There is not nearly enough information to answer your question, but certain types of debts will not go away in bankruptcy if you timely prove the debt to be of that type. There is a process to do that, and it is time consuming and expensive. So, if you are interested in pursuing the matter, you definitely need to talk to an attorney, and soon because there are very short time deadlines involved.See question
I have about 10 creditors, secured loan and tax liens....will it be wipe out in bkcy? how long does it hurt my credit or before my credit begins to improve?
The location of the creditor is irrelevant to the question of filing bankruptcy "on a creditor". Your location is important, and you must have resided in one state for the greater part of the last 180 days before you file.See question
had an accident 4 years ago and out of work. still have this case pending but can pay bills and my homeis about to go to auction. I don't want to be homeless.
The bottom line is that you want to protect your house. Bankruptcy is the most obvious option, but there are other options too. To give you detailed advice without knowing more about your situation would be foolish for any professional. You need to see an attorney as soon as possible. For some people, bankruptcy is capable of doing more harm than good, and that cannot be known without your consulting with an attorney.See question
i have a reverse mortgage on my home. I believe there is still equity in it. I need to file for bankruptcy. How will this affect my home?
The short answer is, as you have seen by the other answers, is that you can file bankruptcy with a reverse mortgage. The mortgage itself is probably not the main issue, however. There's lots of other factors to consider. Contact a lawyer who focuses on bankruptcy to help you.See question
We negotiated with an agent of a winery in Italy to buy their product in Florida, his agent offer to send some inventory to us from Massachusetts to accelerate process of selling products in FL. The negotiation was done in FL and products where sh...
The unfortunate part of this is that you will need to defend yourself in one form or another. There are different methods of fighting jurisdiction, but the safest way is to hire someone here in Massachusetts to deal with it. So, while you could wait for them to chase you in Florida, that is not generally the recommended course of action. Please feel free to contact my office, as we do handle a large number of matters such as this.See question