Archived
I am selling property which i inherited. i want to give some of the proceeds to my children. can i save on income tax?
Mark's answer
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Answered on July 13, 2009
There are two different taxes to think about here: income tax and gift tax. Depending on when you inherited the property, its value may not have...
Archived
Constant harassment for collection of a credit card from an 888 number claiming to be an Attorney's office.
Mark's answer
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Answered on July 11, 2009
This question is six months old so presumably the poster has resolved the issue by now, but for others who may read this question, what you're...
Archived
I have lost my employment and will default on a number of credit cards - what can I expect?
Mark's answer
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Answered on July 11, 2009
New York isn't the easiest place to be a debtor. What you can expect in the short term is an escalating series of phone and mail contacts. If you...
Archived
My student loans have been haunting me since 1992. Can I stop the garnishment and/or interest?
Mark's answer
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Answered on July 10, 2009
Student loans can be rehabilitated. Basically you need to make 9 payments in a row to return the loan(s) to good standing ... at which time things...
Archived
I recently received a complaint from a collection agency, what do I do next
Mark's answer
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Answered on July 10, 2009
I can't opine on Kentucky law, but I can direct you to a thread over on InfiniteCredit where some folks seem to have had good luck proving that the...
Archived
How do I procede after I received a letter from the American Arbitration Association?
Mark's answer
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Answered on July 10, 2009
Its a shame that a question like this goes six months without an answer. I'm sure this situation has long been resolved in one way or another, but...
Archived
What should we do about a letter received regarding a debt not listed on a 2001 bankruptcy?
Mark's answer
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Answered on July 10, 2009
Take a deep breath here, you're likely being troubled by an attorney whose bark will turn out to be a lot worse than his bite.
In many cases...
Archived
Do I need to hire an attorney to close out an estate for a person that died 8 years ago.
Mark's answer
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Answered on July 10, 2009
I can't opine on Illinois law, but in general a situation like this does not come back to bite anybody. It's been eight years since the last parent...
If a divorce case shows active but there are no future court dates what does that mean?
Mark's answer
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Answered on July 10, 2009
It means that if one party or the other wants the case to move forward, they need to file a motion or a notice for trial and/or schedule the next...
Light Trespass
Mark's answer
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Answered on July 10, 2009
The lights are a nuisance, and chances are you have a right to go to court to have the nuisance abated. Additionally, your city's code enforcement...
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