Archived
I wrote a $450 check at a payday advance store 15 months ago and have not paid it back. What is the penalty
Jonathan's answer
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Answered on August 20, 2013
The penalty is going to consist of an extremely high rate of interest and a host of fees. I'd consult with a consumer debt attorney when you get...
Archived
Can I be charged with bank fraud and theft over an Internet Payday loan I am trying to repay
Jonathan's answer
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Answered on August 20, 2013
From what you describe, these people sound like scam artists. A private business cannot send you to jail or prosecute you in Court. It's not...
Archived
What happens if i get served for not paying my payday loan back
Jonathan's answer
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Answered on August 20, 2013
You should speak to a consumer advocate or attorney at your nearest convenience, because there is a chance that your PayDay loan will not be...
Archived
Pay Day Loan Collection Debt Court threat?
Jonathan's answer
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Answered on August 20, 2013
From what you describe, these people sound like scam artists. In general, you should be wary of paying any debt collector without some type of...
Archived
Is there any update with discharging private student loans? I owe about120,000 in private loans I make 46000 a year.
Jonathan's answer
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Answered on August 05, 2013
Student loans are rarely dischargeable in Bankruptcy. However, as my Evidence Law professor used to say, "Never say 'never,' and always avoid...
Archived
Bankruptcy,judgements,questions
Jonathan's answer
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Answered on August 01, 2013
Given the information that you've provided, it sounds like you may be a good candidate for a Chapter 7 Bankruptcy.
In response to your question. A...
Archived
Received notification that a bank is seeking summary judgment in a foreclosure case, how should I answer?
Jonathan's answer
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Answered on July 29, 2013
The short answer is "maybe." The long answer is, "you really need to consult an attorney." This is a question that has not been wholly worked out...
Archived
My aunt sent me a text, a man threw summons at her after she stated to him I didnt live there. It's for CC debt.What do I do?
Jonathan's answer
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Answered on July 29, 2013
The best thing to do is to show up to court. Skipping court is a bad idea because it will probably result in a default judgment being entered...
Archived
Can a second mortgage be discharged in bankruptcy if house was lost in foreclosure?
Jonathan's answer
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Answered on July 29, 2013
Yes, a second mortgage can be discharged - even if the house was lost in foreclosure. It's important to remember that the ex-wife will also have to...
Archived
Which statute of limitation applies for credit cards?
Jonathan's answer
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Answered on July 29, 2013
Interesting question. Arizona's statute of limitations, not Delaware's, would be applicable in this situation because you lived in Arizona at the...