How much money do you spend trying to collect on a delinquent acct. and what if the bank takes it back, we don't recover any?

It may be important for your board to set a visible precedent and proceed to aggressive collection. If others similarly situated learn of lenient...

How do I avoid paying debt collectors who are trying to collect $4300 uninsured emergency charges?

You would have had a better chance to settle the matter with the original creditors. Once an account is referred to a collection agency, your odds...

How do I get paid back money I lent to someone ?

You can sue her for the unpaid balance but you will have to prove that the transaction was a loan, and not a gift. Hopefully you have some writing...

What will happen if i choose to ignore the summons?

Although I would never advise a client to ignore a summons, one might safely do so if two things are true. First, you have absolutely no defense...

Can i be arrested in the state of Georgia if i don't go to court for a past due funiture debt.

As attorney Skaar stated, failure to pay a debt is not criminal and is not punishable by imprisonment. Conversion or destruction of collateral,...

I have a debt of 1,241.85 and the courts are planning a wage garnishment of 25% I was wondering how much would it have to p

Ms. Bunce has answered your question as completely as it can be answered. You would be wise to follow her counsel.

How can I stop my vehicle from getting repossessed by these dirty title loan people

You can pay off the loan or file bankruptcy. Bankruptcy may only provide temporary/limited relief. Actions have consequences. As the prior...

Can a finance company repossess your vehicle once it has charged it and write it off

The lender's charge off or write off decision is independent of its election of remedies. The finance company can certainly repossess your vehicle...

I live in NY. If I file for bankruptcy, will this also include my student loans? (private and government)

Bankruptcy may be your best course of action, but keep in mind that bankruptcy will likely not resolve your student loan debt. The biggest thing...

Your situation is sufficiently complicated that you will require the assistance of competent commercial and possibly bankruptcy counsel. (Of...