Statue of Limitation

You have done your homework--making any kind of payment will start the SOL clock again. The fact that the debt is no longer on your credit...

I loaned a guy $5,000. in cash with a signed promise that he pay me back $7,500 by April 6th 2011 He did not pay me.

My colleague's response was not clear in one respect and missed an important issue. To clarify as to your ability to file in small claims...

Typically, lenders are more interested in getting your money than taking the car. If the car is repossessed it will cost money to do so, go to an...

Plaintff has filed motion for reinstatement - Small Claims

Be careful about appearing at a hearing, or filing any papers. Doing so could be considered as your submitting yourself to the jurisdiction of the...

If you are considered judgment-proof what goes on your credit report?

"Judgment proof" does not mean that a judgment can not be entered against you; it means that under the laws of the state in which you reside that...

Of the two answers you received, I believe Mr. Lyon's response is more accurate. My other colleague was suggesting, however, that if the unit did...

Is there a limit of time on asking a tenant for late fees due to late rent?

Is there a written lease that gives you the right to charge a late fee? If there is no written provision, does NY law have a statute which...

I am the owner of a house & all bills on my name. I have 2 housemates who refuse to help with anything. They verbally "promised

A verbal agreement which has a term of up to 12 months is enforceable. It seems as though you did not have a specific agreement. "Helping"...

My home is in FL, I live in PA how will that effect Bankruptcy filling

My colleague's response is correct in some respects, but not others. So, let us take it this way. 1) Venue, Venue is the location to file, is...

Do you have to stop paying bills for 3 months before filing bankruptcy?

There is a legal presumption that a debtor is insolvent during the 90-day period before the filing of a bankruptcy petition. The petition requires...