Is a credit card provider required to send the account holder a 1099C for an account where more than $600 was forgiven?

You have to pay taxes on the dollar amount on a 1099-C. However, if the principal owed was under $600, they are not required to issue a 1099-C. ...

Legal fees, Court costs, and required bankruptcy counseling fees combined generally run $2500 to $3000. As my colleagues have noted, experience and...

Regarding a student loan lawsuit. my father cosigned a loan for me back in 07. he was on the road and thus gave me permission to

Again, you are likely to be fine if you kept his written permission to sign his name. It is unlikely he will be able to effectively retract...

Can I be sued personally for outstanding debts for credit lines with no personal guarantee?

Generally, no, if you did not personally guarantee the loan and your business opened and closes completely legally.

There is nothing illegal about a legitimate credit card charge. However, the credit card payment may be used as evidence to connect you to an...

I need help

You asked this question last week and received responses from myself and several other competent attorneys. Insomuch as you are obviously still...

I am about $6,000 dollars in debt with 3 credit cards and when medical bill. Can't afford a lawyer to file chapter 7.

Once you have not made any payments in four years, they will not be able to sue you. Do not make any payments and wait it out. Even if they did sue...

Philadelphia Writ Services fraudulently filed an affidavit of service against me. How do I proceed to file charges?

Speak with a consumer lawyer to discuss defending the case. To ignore this matter could potentially be devastating. It is of higher importance to...

The School I went to is being sued for Predatory Lending Do I have to pay my student loan?

There isn’t enough information to answer definitively. Maybe but maybe not. Consult a student loan attorney.

Can i get into troubel

Based on the facts you’ve given, I’d call it unlikely. It helps you a lot if you still have the letter. If this were to rise to the level of...