Does cross collateralization mean that I have to close my checking account?
If the account is collateral for the loan, then generally it can be frozen and offset if the loan goes into default.
Greenbelt, MD
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If the account is collateral for the loan, then generally it can be frozen and offset if the loan goes into default.
You are required to include *all* debts in bankruptcy; you can't pick and choose. You may be able to keep your car, but there may be strings. I...
It's impossible to answer based on the information you provided. Unless your ex has assets or is in a Chapter 13, you are probably not going to be...
So long as the payments are kept current, nothing. If the payments are not made, the property can be foreclosed upon.
Your options basically are to do nothing or to file for bankruptcy. The problems with doing nothing is that, while you don't have assets now, your...
You will be required to provide copies of your paystubs and joint tax returns (and possibly individual tax returns), and you may be required to...
It can be very difficult to get a judgment vacated on the grounds of lack of service. The process server will file an affidavit, under oath,...
Unless Washington is a community property state, you generally are not liable for your husband's individual (not joint) debts.
A Motion to Sell would be necessary, which the Court would need to approve. So if all creditors who filed allowed claims are paid in full, you...
You can't pick and choose which debts are included in a bankruptcy--EVERYTHING must be included.