Archived
Can't pay credit cards on disability have old car own nothing can they give me a judgement or will they leave me alone 47 years
Michael's answer
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Answered on July 30, 2013
Not too likely that you will be left alone. You will probably be sued, have your bank account frozen and have to prove that the funds are exempt. ...
Archived
Why are vending machines and parking meters allowed to not accept pennies while pennies are legal tender?
Michael's answer
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Answered on July 27, 2013
This is a silly question. You know that pennies will take up a lot of room in a small meter.
Archived
Worker comp insurance had send an offer and I agreed to it but-
Michael's answer
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Answered on July 27, 2013
It seems like the carrier is doing their due diligence to make sure you are entitled to the money it offered you. Of course, the carrier could and...
Archived
I have a debt that is over seven years old and a collection agency is trying to collect it. Can they put a hold on my bank
Michael's answer
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Answered on July 27, 2013
If the debt has been reduced to a judgment then the answer is yes.
Archived
What can be done at this time by this collection agency?
Michael's answer
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Answered on July 26, 2013
Demand a copy of the alleged judgment.
Does NY State Constitution guarantee public pensions in the event of bankruptcy?
Michael's answer
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Answered on July 26, 2013
No. But there are other statutes that protect a pension, whether public or private in a bankruptcy case.
Archived
Is a bank required to notify a cosigner if they are charging off a student loan?
Michael's answer
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Answered on July 26, 2013
A "charge off" is a tax concept that allows a creditor to deduct the loan as a bad debt after a certain period of time passes. Despite widespread...
In New York divorce, is husband responsible for huge credit card debt incurred secretly by wife?
Michael's answer
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Answered on July 25, 2013
Your question is a really good one. The answer is not dependent on bankruptcy law but on divorce law. Find a good divorce attorney and hopefully...
Archived
I will be on disability for a couple yrs i owe credit debt. What can i tell them when they call or what to do?
Michael's answer
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Answered on July 23, 2013
You can tell the creditors anything you want because it is their job to collect money not make sure that you are ok. If you tell the creditors that...
Archived
Is the money forgiven as the result of a shortsale taxable as income?
Michael's answer
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Answered on July 23, 2013
If the mortgage was taken out before 2009 and if you sold the house within the past 2 or 3 years and if the house was your primary residence then...