Are Credit card open-ended account or Written.

I can't opine on Washington law because I am not a member of the Washington bar, however I can share some general tips. Typically credit cards...

Does a purchase money HELOC convert to unsecured debt after foreclosure by the first?

Let's address the reporting first. Only the HELOC original creditor or the junk debt buyer who purchased the HELOC may be showing a...

Can a collection agency hold me responsible for stepfather's debt?

The lack of a contract may not be the impediment that some think. Even if you had been a minor, services such as the ones you received might have...

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Loan was charged off and sold to another debt collector.This debt does not show up on my credit, can it be re-added?

The debt still exists, and may be reported for another 5.5 years (assuming it's been defaulted for exactly 2 years) under the FCRA. However, many...

According to Minnesota debt collection laws, can a debt collection attorney garnish wages from a debt over 7 years ago?

A letter like that can often be a scare tactic. Even though the creditor may have a garnishment order, without knowing which bank to levy on the...

I have a bad debt that is going to expire in 2 months. I have been contact by a collection agency. What should I do.

As the statute of limitations approaches both collectors and debtors face a dilemma. For the debtor the question is "Do I agree to something in...

Can a creditor collect after issuing a 1099-C stating 'cancellation of debt'?

I can't opine directly on California law but I can share some tips. Unfortunately there are a couple of California cases that say they can...

Whether it is a municipal utility or a private utility company, courts are especially sensitive to either the taxpayers, bondholders or the...

It does not reset. There might, however be a period of "tolling" if your move disrupted a creditor's ability to keep track of you. The move might...

Can I be listed on a summons for an individual medical debt incurred by my husband? Can they report to my individual credit rpt?

They probably can. The legal theory is called the "doctrine of necessities" a/k/a the "doctrine of necessaries" ... in most states if it's food,...