Questions answered by Daniel Tam

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My wife has a foreclosure on her credit from bank of america. This was done in August of 2011.

Daniel's answer | Answered on March 15, 2014

You should speak with a qualified consumer attorney to review the foreclosure documents and the court docket to see what can be done. You should...

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First time ever offender clean record will I receive any jail time?

Daniel's answer | Answered on March 15, 2014

Don't hesitate in hiring an attorney to represent you in this matter. You can search Avvo or seek the help of the Florida Bar's referral service....

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Is it better to pay off the judgment or wait it out?

Daniel's answer | Answered on March 15, 2014

They may have no incentive to vacate the judgment against you, especially if they believe they can collect from you, either through garnishment or...

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An auto dealer pulled my credit report two times without permissible purpose which they admit. Is this a violation of the FCRA.

Daniel's answer | Answered on March 15, 2014

Best place to start is NACA. You can find a qualified consumer attorney by going to naca.net and doing a search in your state.

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If you settle credit card debt for less than the full amount can the difference be considered income for tax purposes?

Daniel's answer | Answered on March 14, 2014

Cancellation of debt of $600 or more can be taxable income to you if and when the creditor issues form 1099-C.

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I need to fix my credit score and am having issues with my exwife.

Daniel's answer | Answered on March 14, 2014

Her best efforts won't mean anything without the bank's approval. That's why I never understand these divorce agreements - there is a third party...

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Can I get this off of my credit report and fix my credit?

Daniel's answer | Answered on March 14, 2014

Without a question some of the finest FCRA lawyers practice in the state of Virginia. Go to naca.net and search for an attorney in your state. Make...

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I got summoned to go to court over a credit card with Amex over 13k. Will there be a judgement on my credit?

Daniel's answer | Answered on March 13, 2014

Consider hiring an attorney who specializes in debt defense - there are a number of good ones in NYC. You may have some valid defenses that you are...

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Bad credit because of stolen credit cards while i traveled back in 2008. I do have a case # from the local .What can i do ?

Daniel's answer | Answered on March 13, 2014

You each have your own credit scores, and your debt problems won't affect his score but will affect you together when you apply for a joint loan....

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Is true that when they release a person who is innocent, the jail have to give money for each day he was in it? claim a check?

Daniel's answer | Answered on March 13, 2014

I have never heard of this. Consider hiring an attorney to review any possible claims he may have.

Daniel Tam's Answers (1238)

My wife has a foreclosure on her credit from bank of america. This was done in August of 2011.

First time ever offender clean record will I receive any jail time?

Is it better to pay off the judgment or wait it out?

An auto dealer pulled my credit report two times without permissible purpose which they admit. Is this a violation of the FCRA.

If you settle credit card debt for less than the full amount can the difference be considered income for tax purposes?

I need to fix my credit score and am having issues with my exwife.

Can I get this off of my credit report and fix my credit?

I got summoned to go to court over a credit card with Amex over 13k. Will there be a judgement on my credit?

Bad credit because of stolen credit cards while i traveled back in 2008. I do have a case # from the local .What can i do ?

Is true that when they release a person who is innocent, the jail have to give money for each day he was in it? claim a check?