Can a creditor come after my wife?

Judgments are only valid against the person the judgment was obtained. Thus, in NC they cannot come after your wife solely because of the marital...

Can amount of interest on a car loan exceed the principal amount of loan due to late payments?

Yes. Interest accrues at whatever rate is specified in the contract. If you fail to make the principal payments as promised, interest continues to...

Who is responsable for payment on home equity loan

Between your and husband and the bank, you are both responsible for the debt. If you default on the debt, the full amount can be collected from...

If only 1 side of party signs a contract, the other side, an agency, accepts fees but does not sign, is it enforceable?

Contracts can be formed by the conduct of the parties, even if signatures are not present. The question becomes what are the terms of the contract....

You likely have a claim for breach of contract against the contractor. Your damages will be everything you spend above and beyond the original...

If I lent a friend (at the time) money & he isn't paying me back can I take him to small claims court?

The current limit for small claims court is $5,000. However, the limit will increase to $10,000 on August 1, 2013. If the amount owed to you is...

I'm a subcontractors that hasn't been paid by the contractor what can I do?

North Carolina law allows subcontractors to file real property liens and liens against funds for a set period of time. However, the lien is only as...

If I have a judgement against my ex husband which has expired after 10 years can I reopen it?

Judgments have a life of 10 years and can be extended for an additional ten years if the appropriate steps are taken. However, you must seek to...

We hired a contractor to renovate a house. He has done a poor job. How can we get him to fix the deficient work or pay him less?

You can sue the contractor for breach of contract and seek either performance of the contract or money damages. Many times, homeowners will hire a...

A friend bought my car, made a down payment and was to make 24 monthly payments. He is 4 months behind, what can I do?

You cannot report the car as stolen and there is no reason to contact the police. This is a breach of the contract for the purchase of the car. ...