Archived
What happens if we concentrate on paying our house payment and utilities, food, and meds and not our credit cards?
Biagio's answer
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Answered on August 29, 2009
Your credit rating will of course go down. Also, eventually the credit cards may file suit and obtain a judgment against you. You probably should...
Archived
We owe our credit cards 10,000 usd. whats the best way to consolidate out debt if we are not earning that much to pay for our de
Biagio's answer
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Answered on August 29, 2009
You can file bankruptcy and have the entire amount discharged. This is usually a good option since most assets are exempt under the exemptions. ...
Archived
Do guardianship/poa responciblities end upon a persons death if another executor of estate is named?
Biagio's answer
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Answered on August 28, 2009
The agent's resonsibilities end at death. The same is true with a guardian. The executor if there is a will takes over at that time. No, the...
Archived
My grandfather passed away and grandmother has dementia and there is no will or power of attorney.
Biagio's answer
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Answered on August 28, 2009
If there was no power of attorney in place before she became mentally incompetent you will likely have to petition the court for guardianship. See...
Archived
Is the POA of his very elderly grandfather allowed to spend large amt of money on himself if he asks his grandfather?
Biagio's answer
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Answered on August 28, 2009
Agents under POAs are required to manage the assets of an individual for that individual's benefit. That means that a POA does not give somebody...
Archived
What to do with credit card debt
Biagio's answer
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Answered on August 28, 2009
In your situation it sounds like bankruptcy is a good idea. Your credit is likely very poor at this point. Also, most people dont know that...
Archived
Can I still be sued if I'm paying on a debt bbut just not the amount they asked for?
Biagio's answer
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Answered on August 28, 2009
Yes, you can still be sued, since you owe money and are not able to pay it back. Also, although you agreed to a payment schedule you are...
Archived
I'm stuck between bankruptcy and debt consolidations. Obviously I cannot pay for this information. I'm currently on disability
Biagio's answer
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Answered on August 28, 2009
You need to save the money that you would have paid toward the credit cards and medical bills and put that money toward paying an attorney to file...
Archived
Question on paying for bankruptcy
Biagio's answer
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Answered on August 28, 2009
It is very difficult to correctly file bankruptcy on your own without the assistance of an attorney. The paperwork that must be filed is...
Archived
Debt Settlements
Biagio's answer
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Answered on August 28, 2009
If you plan on settling, you need to make sure that you receive a signed agreement indicating that the debt is settled in full and that they waive...
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