Bankruptcy and personal loans.

Please see my answer to your first posting. Essentially, a chapter 13 filing by your parents can be very advantageous given the 3 to 5 year stay of...

Is there any way to go bankrupt on a Parent Plus Loan?

If you parents have regular income, then they may want to consider filing chapter 13, which is a payment plan ranging from 3 to 5 years depending...

The statute of limitations for a credit card company to sue you in New York State is 6 years. If a credit card then obtains a judgment against...

Better yet, rather than a promissory note, have your boss pay you what is owed if he wants you to continue to work there and you may consider...

Will filing Chapter 13 Bankruptcy help me get my vehicle back?

We don't have enough facts about your finances to be able to provide you with a definitive answer. In a bankruptcy, you may be able to get the car...

Do I need to file a Chapter 13 Bankruptcy if my house is in foreclosure?

Houses can sometimes be saved through chapter 7s as well as chapter 13s, especially if the local jurisdiction allows for loan modifications to be...

What is a borrower's liable for property taxes & expenses when paid by a lien holder long after borrower's bankruptcy discharge?

I agree with Mr. Hines. Also, what took the lien holder so long to foreclose on the property? It is often the case that mortgagees fail to move...

I have a judgement against me and the person has sent me a subpoena seeking my personal and financial information.

Bankruptcy protection is often the best way to avoid having to pay on a judgment and avoid the risk the garnishing of wages and the levying of bank...

Regarding debt collectors

I agree with Mr. HInes. Consult with a consumer defense attorney.

How long does an employer have to execute a wage garnishment order?

I agree with my colleagues. In my experience, most employers tend to implement the garnishment immediately.