Archived
I have a restaurant that was mismanaged by our partner and after removing him we have discovered many unpaid bills. I am a pers
David's answer
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Answered on March 01, 2011
I would need to examine all the documents carefully to see if there are any legal defenses that you can assert. However, I would try to negotiate...
Archived
Student loan judgement preventing 1st home purchase....how do I get it released without having to pay it off? (TX)
David's answer
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Answered on March 01, 2011
Student loans, especially converted to judgments are very difficult if not impossible to get removed without payment.
Archived
Where can I find the law on HOA and covenant requirements & penalty's. What finan info is the HOA mgmt organ obligated to provid
David's answer
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Answered on March 01, 2011
There should be bylaws which govern the HOA and they may actually be filed with the court. If you are in Savannah, check at the Chatham County...
Archived
I loaned $3,000.00 and the person has paid only around $500.00. What can I do to collect the rest of the money?
David's answer
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Answered on March 01, 2011
At some point the only way to collect is to sue, get a judgment and use the post judgment rules in your state to collect.
Archived
Is it better to make a payment arrangement with a debt collection agency or wait for the court date?
David's answer
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Answered on March 01, 2011
I do not trust debt collectors. They end up with claims that they may never be able to prove, may be legally barred and they do not like to sue,...
If I cash out my 401k can it be taken by student loan dept.
David's answer
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Answered on February 28, 2011
You would expose the exempt money to the garnishment so you may not want to do that
Archived
Can American Express collect a debt that is over 20 years old?
David's answer
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Answered on February 28, 2011
They most likely have the rigth to refuse to extend credit to you
Archived
Is there a way to keep a house from going into foreclosure that has been on the market for 6 months and no one has put in a bid?
David's answer
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Answered on February 28, 2011
I assume that you have stopped paying the note. You could try and negotiate with the bank, especially since they may not want another house on...
Archived
Would a "short sale" be a wise move if my house has been on the market for 5 months with no offers?
David's answer
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Answered on February 28, 2011
Putting aside any credit issues, a short sale can potentially get you relief from any balance due on the note but you have to be sure that if the...
Archived
I am currently an electrical contrator in the state of GA and employeed as a license holder for an electrical contracting co.
David's answer
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Answered on February 27, 2011
I do not think the status of the company will effect your license.
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