Does the Fair Debt Collection Practices Act apply to a company that buys judgments and then tries to enforce them?

The Fair Debt Collection Practices Act applies to anyone trying to collect a debt for another party regardless of whether they were hired to...

We filed chapter 7 a few years ago and recently found out our car has a lien. the creditor says we should have filed a lien

First, the lien could not be avoided if you voluntarily gave the creditor the lien and received something for it. Second, while the lien remains...

I am a co-owner of insurance brokerage company (NYS CORP); my partner(50% owner) is about to file chapter 7; any affects to Co?

If it is a corporation, then the trustee can only get at the unexempt portion of the shares of the corporation. The value of the corporation is...

I assumed all debt in the divorce and was unemployed until 5/2010. At that time I was trying to save my home from foreclosure.

It depends on your divorce decree and whether it was amended. If the decree required you to pay it and there was no amendment, then you may be...

Is it legal for a debt collection agency to contact me and bill me before it's been assigned a debt by the original creditor?

Generally, each letter from the same debt collector about the same debt is not a separate violation (if a violation does exist). The debt collector...

You must have wages to have them garnished. If you do, Wisconsin law appears to not allow garnishments if your wages are below the federal poverty...

I refinanced a car that was part of bankruptcy, can i still surrender this to the bank without issues ?

If you refinanced the debt, then you took out a new loan after filing and are liable for it. If you signed and filed a reaffirmation agreement that...

I'm paying $100.00 a month to my dentist but he charging like 18% interest fees is there anything I can do

Trading one debt for another is a bad idea because it can hurt you in the long run. The first thing to do when a debt is burdensome is to talk to...

What happens to my investment if I file Bankruptcy?

If you receive the dividends before filing and spend them on general living expenses or put them into a protected asset (that depends on the...

When a chapter 7 bankruptcy has been discharged can the trustee still have assets appraised?

If you did not exempt 100% of Fair Market Value and the trustee determines that the property is worth more than what you scheduled, the trustee can...