What can I do when a collection agency tells me that I owe them $2500 and they will take me to court if I don't make agangments?

It's a long way from a bullying collector to an actual lawsuit. You want to see (by going to your local court's website) whether ADT is even a...

Debt validation that does not belong to me

In many states spouses are liable for each others' necessary expenses under the "doctrine of necessities" so if you were still married and your...

A creditor can sue a foreign national by hiring a law firm in the foreign national's country and suing on the debt there. If the foreign national...

Debt settlement or bankruptcy

Chapter 13 is federally-overseen and will definitely eliminate your debts ... IF (and only if) you complete the 3-5 year plan. 60% of plans fail....

I own a SFR investment home and am upside at last $100,000. If I'm foreclosed upon will I be sent a debt forgiveness 1099?

Typically you're not going to get to take a tax loss on a primary residence. But the 1099 should not be a problem for you because a law was put in...

Judgement on a credit card bill

It sounds like "sewer service". You need to get a look at the court's file and see whether the process server perjured himself or herself when he...

What do you do when you get a collection notice on a debt from 12 years ago?

A lot of times these bottom-feeder junk debt buyers will turn up ... looking to collect on really old accounts. Knowing whether it's in or out of...

Seeking debt settlement advice in Florida

The foreclosure is going to expose you to a deficiency judgment that could be obtained in the foreclosure action (if they sued "in personam" rather...

A judgment appears as a public record on your credit report, and it will hamper you in getting new credit ... at least on decent terms. Your...

Even where the state of residence doesn't permit garnishment of wages, some debtors are experience a nasty creditor "end run" around those rules in...