Archived
I am making a concious effort to pay a debt can I still be sued for full payment by the debt collection agency
Kyle's answer
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Answered on April 08, 2009
If the debt is due and owing, the company can generally take action to collect the entire amount. However, laws vary from state to state on this...
Archived
Im in the middle of a bankruptcy can a private debt collector take my taxes?
Kyle's answer
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Answered on April 08, 2009
No, not if you listed the debt the collector is taking action on in the bankruptcy schedules.
These comments are not legal advice and are made...
Archived
Can i sue the owner of a bankrupt company personally for a personally guaranteed loan made to the company.
Kyle's answer
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Answered on April 08, 2009
It is quite possible you can given that the loan was personally guaranteed and you were not listed as a creditor. However, this is a very fact...
Archived
I have about $15,600 in delinquent credit card debt. Is it wise to use a debt settlement company?
Kyle's answer
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Answered on April 08, 2009
Be careful with these companies. Many are owned by the very creditors you owe money to. Also, outside of bankruptcy, if they settle you debt for...
Archived
Can credit card debt bring a lein on my cari have stopped paying on my debts dont have the money
Kyle's answer
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Answered on April 08, 2009
If they have a judgment they can levy on it by garnishing wages and seizing and selling any property you have.
These comments are not legal...
Archived
Is a debt collector prohibited from selling a debt to another collector
Kyle's answer
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Answered on April 08, 2009
Unfortunately, debts are routinely bought and sold. However, you are on the right track by looking at the FDCPA for potential abuses.
These...
Archived
I filed for bankruptcy chapter 7 last 2 weeks ago and my bank freezes all my accounts but I'm not continuing bankruptcy
Kyle's answer
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Answered on April 08, 2009
Generally collection efforts after you file bankruptcy are against the laww, however, occasionally judges allow banks to "set-off" the amount in...
Archived
If my husband files for bankruptcy, will this affect my credit report/rating? This assumes he and I have no joint debt.
Kyle's answer
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Answered on April 08, 2009
If he files bankruptcy, you should subsequently order a copy of your credit report. I have seen situations where two people are jointly liable on...
Archived
My husband just filed for chapter 7 bankruptcy alone, can I file for Chapter 13 bankruptcy if i need to?
Kyle's answer
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Answered on April 08, 2009
The fact that your husband filed for chapter 7 should not be a bar to you filing for chapter 13 assuming you otherwise qualify.
Archived
If i go bankrupt will I lose my home, I have not been working but I have been paying my morage
Kyle's answer
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Answered on April 08, 2009
The answer depends on whether you have any equity in your home. If you do, you may have to file chapter 13. In that case you may be able to keep...
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