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I have a car and a life insurance policy does this need to go through probate ? Who is responsible for my credit card debt?
Patricia's answer
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Answered on November 28, 2012
Who owns your life insurance determines whether the proceeds are included for estate tax purposes. Section 2042 of the Internal Revenue Code states...
Archived
I was sued for a student loan and they never showed judge said the case was defaulted.it on my credit report as a charge off.
Patricia's answer
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Answered on November 22, 2012
I think you misunderstand. When you were served with the summons to come to court, it said "You are hereby summoned AND required to file . . . an...
Archived
If you are a co-signer on a student loan how do I get off of it since I can't get my ex to refinance it in his name?
Patricia's answer
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Answered on November 19, 2012
You can't get off of this debt. You are stuck with it. Even bankruptcy will almost certainly not help; the only exceptions granted by the...
Can I use the unused homestead exemption if I don't own a home?
Patricia's answer
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Answered on November 15, 2012
My two colleagues seemingly gave opposite answers, yet both can be correct. Permit me to explain.
If you are single, you have a $21,500...
Archived
If will states that his daughters are to equally share his estate, including real,personal,mixed property does this include IRAS
Patricia's answer
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Answered on November 14, 2012
Usually, when you set up an IRA they ask you who is to be the designated beneficiary- that is, who it should be paid to upon your death. If that...
Archived
Same lender on an 80/20, home foreclosed, can 2nd mortgage sue (in middle of divorce)?
Patricia's answer
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Answered on November 12, 2012
Either the other web site you mention has some truly rotten advice, or they were talking about the Georgia requirements for the 1st mortgage lender...
Archived
3.5 years ago, my wife and i filed chapter7 bankruptcy, will we ever have to do anything else before it is compleatly over.
Patricia's answer
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Answered on November 12, 2012
Chapter 7 bankruptcy stays on your credit report for ten years, but how much it counts against your credit score decreases every year. So, a...
Archived
How do we respond to an "Request for admission of facts", "request for prodution of documents & notice to produce to defendant"?
Patricia's answer
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Answered on November 09, 2012
Just to show you one example of how important it is to have an experienced lawyer help you in answering discovery: if you do not give a proper...
Archived
GA : Im in the process of a shortsale, pending the approval from BOA ,not getting much response- Can I file for Bankruptcy?
Patricia's answer
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Answered on November 09, 2012
Typically, a short sale benefits everybody except you. The taxes are not your main worry.
1. A short sale has the same effect on your credit...
Archived
Midland Funding LLC (Junk Debtor) has filed a civil case against me in order to sue for a debt
Patricia's answer
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Answered on November 05, 2012
How old is the original debt? When was a payment made last? Has the account been re-aged? Does the collector have any proof they now own the debt?...