I'm very sorry to hear about your mother's situation. The good news is that it does not appear that it's too late. Your first step is going to be...

Does a mortgage forbearance reaffirm the debt?

A mortgage forbearance is not the equivalent of a reaffirmation agreement in bankruptcy, or otherwise.

Is there a possible way to stop wage garnishment and work out a different payment deal with the collection agency?

It sounds like your friend has two options: (1) Applying for an income-contingent repayment program or file for Chapter 13 Bankruptcy. The...

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Chapter 7 and Lien Perfection-New York State

Good question. It's always heartening to see people diligently researching their debt relief options before making a final decision. In response...

I wrote a $450 check at a payday advance store 15 months ago and have not paid it back. What is the penalty

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...

Can I be charged with bank fraud and theft over an Internet Payday loan I am trying to repay

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...

What happens if i get served for not paying my payday loan back

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...

Pay Day Loan Collection Debt Court threat?

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...

Is there any update with discharging private student loans? I owe about120,000 in private loans I make 46000 a year.

Student loans are rarely dischargeable in Bankruptcy. However, as my Evidence Law professor used to say, "Never say 'never,' and always avoid...

Bankruptcy,judgements,questions

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...