Archived
I have been unemployed for 6 months, car is repossessed,$10,000 in credit owed,all are unhappy. Should I take bankruptcy?
Theodore's answer
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Answered on February 02, 2010
Might be a good time to file bankruptcy because there is no income and you would be a simple chapter 7 case. See a local attorney to consider your...
Archived
My in laws no longer live at my place of residence but debt collectors continue to call! What can I do?
Theodore's answer
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Answered on February 02, 2010
Most of the hang ups are probably machines that are testing the number and then you get a representaative. Have them put any requests in writing. ...
Archived
Income Tax Refund & Chapter 7 may I use it pay my mortgage payment after I have filed for bankruptcy?
Theodore's answer
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Answered on February 02, 2010
It is better to wait until you get the funds, pay down the mortgage or bring it current and then file. As it stands now the cash could be subject...
Archived
Can a debt collector take my tax return if they have only sent me a letter stating what I owe for and how much? I live in FL
Theodore's answer
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Answered on February 02, 2010
No, this is not true and is a violation of the Fair Debt Collection Practices Act. Before they can garnish wages or freeze bank accounts, or get a...
Archived
Being sued by a credit card co. . Can't afford attorney so responding myself - advice?
Theodore's answer
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Answered on February 02, 2010
PLEASE CHECK THE LAW IN YOUR STATE AS YOU MAY ACTUALLY HAVE TO APPEAR IN COURT, AS IN VIRGINIA, IN ORDER TO AVOID A DEFAULT!
The first thing you...
Archived
Credit card debt, just received summons for court. how to proceed
Theodore's answer
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Answered on February 02, 2010
PLEASE CHECK THE LAW IN YOUR STATE AS YOU MAY ACTUALLY HAVE TO APPEAR IN COURT, AS IN VIRGINIA, IN ORDER TO AVOID A DEFAULT!
The first thing you...
Archived
Real Estate deal may lead me to bankruptcy.
Theodore's answer
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Answered on February 01, 2010
You answered the question...you have depleted the finances and can't continue to pay. You need to let your father know that you are considering...
Archived
I need to file bankruptcy but have not reported my income on tax returns correctly?
Theodore's answer
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Answered on February 01, 2010
The IRS will be notified of the filing if you have debts with them. Depending on the practices of your local trustees they may be alerted, but...
Archived
When is the landlord no longer the legal owner in a building that is in the motion for judgement of foreclosure and sale stage?
Theodore's answer
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Answered on January 30, 2010
When you are a tenant and the property you live in is in foreclosure, or the landlord has filed bankruptcy you need to keep a couple of things in...
Archived
Is the landlord not the "legal owner" after the court signs "motion for judgement of foreclosure and sale"?
Theodore's answer
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Answered on January 30, 2010
When you are a tenant and the property you live in is in foreclosure, or the landlord has filed bankruptcy you need to keep a couple of things in...
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