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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?
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Answered on July 29, 2013
I'm sorry to hear about your situation. While your creditors are likely to continue calling you, the good news is that your income is "judgment...
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My mother has recently passed away and had a large amount of debt, am I the one responsible for paying it?
Jonathan's answer
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Answered on July 10, 2013
No. Debts are not passed from generation to generation. You cannot be held responsible for your mother's debts unless you co-signed for them.
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If REMIC TRUST signs loan modification with debtor,then, IS DEBTOR DIRECT PARTY with REMIC TRUST?
Chapter 13 bankruptcy NYS
Jonathan's answer
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Answered on July 10, 2013
I'm not exactly sure what you're planning on doing with the information that you seek. I have to assume that you're attempting to object to a Proof...
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What happens to student loans in chapter 13 plans? Do they continue to accrue interest?
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Answered on July 10, 2013
Student loans are not generally dischargeable in Bankruptcy. That's not to say that they are never dischargeable, but the circumstances under which...
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If a credit card debt went into default in 2008, sued in 2010 judgment vacated in 2013 states sol is 4 yrs can creditor re-sue
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Answered on July 03, 2013
The statute of limitations for the collection of a debt is 6 years, not 4 years. Thus, the creditor is unfortunately within its rights to make...
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I paid my dentist a lot of money and he
Jonathan's answer
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Answered on July 03, 2013
I'm not certain that I understand the question. Is your dentist charging you more than what he/she originally quoted you? Is he/she trying to...
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Simple hearing on violation of stay in chapter 7 case. But judge wanted proof debtor would pay for car before ruling...
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Answered on July 03, 2013
If your question is whether or not you can appeal the judge's adjournment of the reaffirmation, the answer is clearly "no." An adjournment is not a...
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I received a Collection letter on a bill I wasn't aware of that is 16 years old, how should I reply
Jonathan's answer
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Answered on July 03, 2013
You should contact an attorney immediately. The applicable Statue of Limitations on the collection of a debt is 6 years. This means that the debt...
Can same attorney legally sign both for assignor corp & assignee corp for mortgage note transfer?Bankruptcy chapter 13
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Answered on July 02, 2013
The answer is "no," the same attorney may not act as both assignor and assignee, given the inherent conflict of interest. However, it's extremely...
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What is the penalty for $50 million bankruptcy fraud in Brooklyn, NY
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Answered on July 02, 2013
Under the Bankruptcy Code, this conduct is called a Fraudulent Conveyance. They are disallowed under Bankruptcy Law and not well-tolerated by most...