The Pennsylvania Statute of Limitations on credit card debt is four years. The Statute gives creditors four years from the date of the last...

Can 2nd mortgage (chase) come after me once I foreclose? They offered me a settlement of 7600... Which is 20% of loan balance.

Twenty percent may or may not be a good deal, depending on the circumstances. However, I rarely advise a client to pay an unsecured debt, such as...

State workers insurance fund - i have 2 outstanding balances from '08 and '10 i cannot afford to pay

I agree with my colleague that the state has enforcement mechanisms not available to other creditors. Therefore, you should try to address the...

Loop hole getting out of foreclosure?

I do not know about the specifics case of this case, but it is not at all unusual for the paperwork associated with a mortgage loan to have...

What can I do

If you surrender a home (or do not reaffirm the mortgage loan) in bankruptcy, the underlying debt is eliminated when you receive your discharge....

Do i have to pay for the mortgage companyies lawyer

I agree with the answers above that most mortgage loans contractually obligate you to pay the costs of collection, including reasonable attorneys...

Getting calls from credit collectors looking for my old boyfriend, he gave them my phone number and has not paid his debt.

If you inform the collection agencies in writing that the debtor does not live at your address and demand that they cease calling, they should...

Chapter 13? Car loan

What is the specific objection? Most objections to cramming down an auto loan in Chapter 13 are based upon the following: (1) The loan balance...

How do I get a collection agency to stop calling?

I agree that there is a potential problem in that you did not list the debt in your bankruptcy schedules. However, you may have a Statute of...

I'm filing chapter 7 and my dad wants to buy me a car soon, should we wait until the case is over?

If you are not making the payments, it should not be a problem. However, you may need to list it in the statement of financial affairs as property...