Body attachment for a debt in Illinois - Do i need to worry?

While an Arizona court would like to cooperate with IL as a matter of judicial comity, the practicalities argue against AZ being much help to IL....

Yes it can, although if the debt has been charged off and sold by Bank of America then their tradeline should show a zero balance. If Bank of...

What happens when the partner (president) of the business dies?

All of this should have been decided in the "due diligence" phase of the purchase (the time when you look at what the business owns and owes, and...

In debt collection terms, what is a A&L? An aggressive debt collector in Texas threatened (us in KY) to start procedures for

Possibly the collector is referring to an "asset & liability" investigative report that would allow the creditor to make a determination whether...

Just because, supposedly, commercial debt collection is NOT covered by FDCPA, does that mean that those of us being pursued by

Absence of the FDCPA just means you must fall back on more disparate and less certain bodies of law and causes of action ... the common law and the...

I am currently on a default of sba loan. SBA has sued me, they asked for my financial statement. Do I have to provide it?

If SBA has a judgment you must provide your financial statement. If you are contractually bound to provide a financial statement at an earlier...

How do I deal with a personal guarentee debt to a bank who will not settle with me.

Whether you file bankruptcy or not will depend on the vigor with which the bank pursues the matter. Obviously, $12.5 million is worth suing on...

P.S. -- if your "debt reduction plan" was with a shady debt settlement company and they never paid Capital One anything at all, that could actually...

Essentially you are to meet and confer with the attorney representing Capital One and if possible reach a stipulated settlement which the judge...

I want to find out if Lender Mortgage Service is a legitamite Company?

It absolutely looks to me like "advance fee fraud" and you are likely to be kissing your$400 goodbye in return for nothing.