Archived
We placed $40,000 down payment on a house and builder went bankrupt. Prior to that we heard the rumors and tried to pull out.
Theodore's answer
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Answered on July 19, 2010
You have to contact a bankruptcy attorney at this stage. Whether or not you can sue the other parties attorney is questionable but should be...
Archived
How can i claim money from an esop if company no longer exists
Theodore's answer
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Answered on July 19, 2010
An ESOP is an employee stock option program where the employees take part of their benefits/compensation or retirement as stock in the company. If...
Archived
Did the collection agency break a criminal law, a civil law, or any law?
Theodore's answer
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Answered on July 19, 2010
You need to contact an attorney who practices under the Fair Debt Collection Practices Act and have them review the written agreement and the bank...
Archived
Credit card company sold my debt even though I had a payment agreement and was in compliance. What options do I have?
Theodore's answer
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Answered on July 19, 2010
They are allowed to assign or sell the debt even if you are current with the payments.
Archived
Debtor Who Resides as a Tenant Bankruptcy Chapter 7
Theodore's answer
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Answered on July 19, 2010
Since there is no lease it does not get listed in the bankruptcy petition. The rent payments should go to the landlord as agreed if you want to stay.
Archived
Can a collection company ask to a husband about a wife debt?
Theodore's answer
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Answered on July 19, 2010
What Are Debt Collectors Allowed to Do to Collect Debts? A: In general, debt collectors are allowed to make civilized contact with you to make...
Archived
Should I sign husbands bankruptcy declaration?
Theodore's answer
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Answered on July 19, 2010
Never had this issue come up. If there is no support obligation other then the tuition then what would it hurt to respond to the application? ...
Archived
Do I have a right to reaffirm my car loan if I want to and my creditor doesn't?
Theodore's answer
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Answered on July 19, 2010
I have never heard of a company that would not reaffirm the loan unless the debtor (you) were not current with your payments. Please review the...
Archived
I'm being sued by a credit card company. I am currently unemployed. Can't afford bankruptcy.
Theodore's answer
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Answered on July 16, 2010
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
Summons from discover card
Theodore's answer
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Answered on July 16, 2010
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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