Archived
I lost my job not to long ago...I had to file a chapter 13. Was buried under credit cards, car payments, mortgage..couldn't pay.
Theodore's answer
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Answered on August 21, 2011
Social Security benefits will not affect the conversion because SS is listed, but is considered as zero income, no matter how much you get.
Archived
What are the staute of limitations on credit card debt in the state of NV. The date of last payment appers to be Oct 2005.
Theodore's answer
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Answered on August 21, 2011
Nevada Statutes of limitation
Written contract: 6 years.
Verbal contract: 4 years.
Property damage: 3 years.
Personal injury: 2 years.
Archived
My wife is a co-signer on a loan with my son. The credit union went and withdrew money from our acct. can they do this.
Theodore's answer
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Answered on August 21, 2011
You probably borrowed the money under a "loanLiner" agreement, or in some other way gave the credit union permission to use your accounts as...
Archived
The bank is foreclosing on my house. When do I have to leave?
Theodore's answer
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Answered on August 18, 2011
Quick Facts about foreclosure in MA: http://www.foreclosurelaw.org/Massachusetts_Foreclosure_Law.htm
Judicial Foreclosure Available: Yes
...
Archived
I received a set aside judgment in Feb. 11. Now being sued by same company in different county. Is this possible?
Theodore's answer
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Answered on August 18, 2011
The prior settlement is a defense to the new suit.
Archived
What are other methods of being served besides being handed papers?
Theodore's answer
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Answered on August 18, 2011
Yes. You can be served by notice in the paper. The serving can be accomplished by mail, but generally first the Plaintiff must try and serve you...
Archived
Where is personal jurisdiction for a fraudulent transfer claim?
Theodore's answer
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Answered on August 18, 2011
Jurisdiction over the person has nothing to do with the type of claim. Depending on the Court you may be able to get jurisdiction over the party...
I was served papers today for a credit card debt, what do I do? I want to know if I can call collector and try to settle?
Theodore's answer
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Answered on August 18, 2011
The first thing you need to do if and when you get sued is file an Answer. The summons will tell you that you must “appear” by way of an Answer in...
Archived
If me and my S-Corp has had a judgement filed against us, can I open a new S-Corp and continue doing busin. w/ new bank accounts
Theodore's answer
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Answered on August 18, 2011
If you have a sophisticated creditor they may be able to go after the assets of the "new" corporation, but as a temporary matter this should...
Archived
Who should I contact to settle a Credit card judgement?
Theodore's answer
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Answered on August 18, 2011
You should contact both at the same time and let them decide who is going to negotiate. It will probably be the collection company but you want...
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