Archived
I have two seperate loans with a credit union. If I default on one loan and not the other, can they take both properities back?
Mitchell's answer
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Answered on June 01, 2012
It is called cross-collateralization and is common with credit unions. Every loan and every item financed is connected. Any debts are added to the...
Archived
My former psychiatrist just sent me a 1099-C form for "Forgiven Debt". The problem is I was a total cash payment client
Mitchell's answer
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Answered on June 01, 2012
What he did was to forgive the amount that he was supposed to receive from you, but agreed to forgive because your insurance did not cover a visit...
Archived
Would you be able to help me with credit issue?
Mitchell's answer
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Answered on June 01, 2012
Look for counsel through the National Association of Consumer Advocates (naca.net). This forum is not for finding counsel.
Archived
Does filing bankruptcy reflect negatively when applying to be a sponsor for a relative who is applying for an I130?
Mitchell's answer
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Answered on June 01, 2012
An immigration attorney once told me that bankruptcy is not the issue, affording to sponsor someone is. Getting rid of the debt may end up helping...
Archived
What can i do if some one wrote me a bad check the funds were there in my account and i withdrew them and the check has returned
Mitchell's answer
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Answered on June 01, 2012
You have a debt to the bank now. Never take a personal check so large or at least wait until it clears before handing over the title. This type of...
Archived
Can we be sued?
Mitchell's answer
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Answered on May 31, 2012
The agreement governs and cannot unilaterally be changed. Your situation is one reason why agreements to borrow and repay money should be in...
Archived
Filing ch13 taking over 6 months
Mitchell's answer
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Answered on May 31, 2012
I file cases when the client has everything to me and always in time to beat lawsuits or foreclosures. Some cases take longer, but it should not...
Archived
Does the Trustee set the date for payments of the 13 plan? Due date of first payment based on original or amended plan?
Mitchell's answer
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Answered on May 31, 2012
Your first payment is due within 30 days of filing your case. Every payment thereafter is due each month based on the date of filing. If you amend,...
Archived
What happens if a debt collector garnishes my account after I have recieved a discharge of debt?
Mitchell's answer
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Answered on May 31, 2012
If they were not on notice, then a discharge violation may be difficult to maintain. However, they had an obligation to scrub their records of...
Archived
I want to file for Bankruptcy but im not quite sure were to start!!! Its mostly for Medical bills.. were first
Mitchell's answer
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Answered on May 31, 2012
Gather all of your bills. Review your income and expenses and then see a good consumer lawyer. NACBA has some great lawyers that can help.
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