Archived
I applied for a corp credit card with my personal info, i cant pay bill and they are threatening judgment on co, can they do th
Theodore's answer
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Answered on March 24, 2011
Very few creditors will issue a credit card in the name of a small business only. It is very likely that you applied and gauranteed the debt...
Archived
If I pay a civil judgement, will I be able to get it removed from my credit report?
Theodore's answer
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Answered on March 24, 2011
You have to get a written assurance from the creditor that they will change the reporting of the debt and file a satisfaction of judgment.
Archived
WE JUST LOST OUR HOME TO FORCLOUSER WE HAVE BEEN EVICTED BUT THE BANK HAS A JUDGEMENT AGAINST US IF WE FILE BANKRUPTCY WILL THAT
Theodore's answer
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Answered on March 24, 2011
Yes.
When you file Bankruptcy you create a financial estate. That estate is “administered” by a Trustee. There are very different paths to the...
Archived
What if I file a sercured debt under an unsecured debt?
Theodore's answer
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Answered on March 24, 2011
The classification of the debt in the bankruptcy does not change the nature of the debt. How you list it will not affect the fact that it is...
Archived
I recently received my permanent modification for my home loan. I will be filing for Chapter 7 bankruptcy for non-secured debt..
Theodore's answer
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Answered on March 24, 2011
You include all of the potential creditors, including the source of the original debt eevn though the debt may have been sold. you have to review...
Archived
Bankruptcy.
Theodore's answer
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Answered on March 24, 2011
When you file Bankruptcy you create a financial estate. That estate is “administered” by a Trustee. There are very different paths to the same...
How many time would the court allow a person to file a motion for extension?
Theodore's answer
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Answered on March 24, 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...
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Archived
What can you do if you missed mortgage paymnets after confirmation of chapter 13 plan
Theodore's answer
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Answered on March 24, 2011
There is no such thing as a drop dead plan, or at least that is not a legal term. Did you miss mortgage payments or plan payments. If they are...
Archived
I made arrangements to settle a debt that I owe, however the money that I expected was not applied to my card.
Theodore's answer
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Answered on March 24, 2011
If the attorneys were collecting for someone else they are subject to the Fair Debt Collection practices act and you may have an action against...
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Archived
Are we liable for full amount when applying for a visa when we cancelled within 7 hours?
Theodore's answer
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Answered on March 24, 2011
You have to review the agreement you signed and contact counsel to determine if the agreement is voidable.
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