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Separated husband filing bankruptcy..what happens to the house since he has a home equity loan in his name only?
Charles's answer
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Answered on January 24, 2013
Practically speaking, as far as secured debts (mortgage and car loans among other types) are concerned in Bankruptcy if you keep paying the debt...
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I'm divorced but in the house, which is in foreclosure. I'm trying to keep it through mediation and gave my ex a quit claim deed
Charles's answer
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Answered on January 07, 2013
If she is on the mortgage she will never be free and clear of the loan unless it is refinanced or paid off. Banks do not generally allow people to...
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I cosigned a student loan for the daughter of a friend of mine. She has not been making payments on time. Can I do anything
Charles's answer
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Answered on December 28, 2012
This is the detriment to cosigning for anyone for anything. If they don't pay, you are 100% jointly and severally liable. Your recourse is...
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I have $25,000.00 business credit card debt in my name that was incurred by a business that I own.
Charles's answer
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Answered on December 28, 2012
As far as the credit card companies are concerned, you are 100% liable for the debt and he is 0% liable. The doctrine of necessity, as my...
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My licesense got suspended 7 yrs ago for driving without insurance and was in an accicident which i lost.
Charles's answer
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Answered on December 17, 2012
Deal with this immediately or you will likely next find yourself in jail and then where will your children be.....
You can't just continue...
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Can a debt collector freeze my bank accounts without a court order
Charles's answer
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Answered on December 16, 2012
The answers by my colleagues are correct with a few exceptions. The larges of which being the right to set off by a credit union. The rules for...
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My company is an LLC elected as S. Corporation. Should I provide company financial records for a personal loan from the bank?
Charles's answer
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Answered on December 12, 2012
They are looking to verify your income....no doc loans are a thing of the past and are what got our economy into this mess to begin with.
If you...
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My ex-girlfriend took the car which the loan and insurance is in my name. She refuses to get a loan and I can't afford it.
Charles's answer
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Answered on December 12, 2012
Be cautious about reporting it stolen if you gave her permission to take it under the understanding she would make the payments......that is NOT...
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I loaned <$10K to someone. We have a signed contract. She stopped paying a month ago. We live in PA. What recourse do I have?
Charles's answer
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Answered on December 12, 2012
You should definitely try to sue both the husband and wife. If you lent the money to or for both of them, you can win. File a claim with your...
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Could i get house arrest instead of jail time for driving with a suspended license?
Charles's answer
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Answered on December 11, 2012
Sounds likely you should be eligible for house arrest or some other IPP disposition. Seek qualified counsel if you are unsatisfied with your...