Like a line of credit, you should specify the limit. And add language regarding how interest calculated.

Should I pay?

I'm assuming the case you are referring to was a criminal case? If so, write Tenen back and say that since the charges were dismissed, he has no...

Can I dispute a post judgment interest fees, titled "Principal estimate" on my payment history?

judgments accrue interest at 9%. The Marshal takes an additional 5% as a fee. So, the judgment basically accrues costs above the amount at 14% a...

I borrowed $4K from my ex-girlfriend a year ago and am now just getting back to work after a year unemployed. Will I have to Pay

The fact that you aren't a good bet as a debtor doesn't change her entitlement to be paid back. If you do get in front of a judge, offer a...

First, it depends on what the judgment/order says. Some will be specific. If not ,expect to get back what the creditor received, i.e., principal...

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I signed up with a company to do a service for me but it was not done as I instructed

Lots of small creditors will refer these matters to a collection agency who has no plan on suing you, but will try to passive-aggressively collect...

I have an outstanding debt with a university, will it be sent to a debt collector?

Schools are getting aggressive going after tuition bills. Do not ignore your mail

If SS DD bank acct has commingled funds from the past in it will it lose its Gov't protection & be subjected to garnishment?

If the goal is to keep the judgment creditors away from a joint account, you might want to set up an account for your husband and have him give you...

How can creditors collect on a car they repo-ed? And how long will my account be held hostage? Can they keep freezing my bank?

As stated above, they can't intercept your MA but watch what you pu tin your account. If you have other old bills besides this one, say 10K or...

Should I pay OLD car repo debt that is SOL as I was the cosigner then and now trying to buy house?

Frankly, I'd wait for it to drop. But you may want to talk t some mortgage brokers ( as opposed to your ffriendly banker) to see if it will matter...