Written Agreement

Your fears are well grounded. If they will not put the compromise in writing then it is not binding. there is no law that says they cannot...

7 vs 13

Chapter 7 permits the debtor to get rid of all of their unsecured debt without having to make payments to that debt. It is not a good choice for...

I received a call from a debt collector that said I was going to be served papers with a court date on a payday loan

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...

Chapter 7 bankruptcy due to credit card debt

Credit cards are unsecured debts in chapter 7 and 13 and are discharged (i.e., "wiped out"). All of the credit card accounts are cancelled. The...

I am filing chapter 7 bankruptcy and I have a land contract with my parents.

You are basicaally renting the place from your parents with an option to buy. We list that as a lease and since you do not own the property it is...

A short sale is better IF they relee you from the remainder of the loan. Here are some Quick Facts about forecloure in Florida: - Judicial...

Default judgment

If the house is worth less then the first mortgage bankruptcy will get rid of the entire 2d mortgage if you file a chapter 13. It will also allow...

How can i stop a foreclosure for non payment of common fees

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...

Bank insists we sign reaffirmation agreements before they will consider renegotiating terms. Are they taking advantage of us?

The reason the reaffirmation agreement has to be signed before the bank can negotiate new terms is that many banks ee refinancing of a loan as a...

The Department of Treasury's Financial Management Service (FMS), which issues IRS tax refunds, has been authorized by Congress to conduct the...