Archived
I am dealing with a mess from Ocwen loan servicing who took over my mortgage when GMAC went bankrupt
Nick's answer
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Answered on April 28, 2014
You can always stop making any payments or paying any property taxes and insurance on the home. It will take about 6 months before you are served. ...
Archived
I am unemployed and own my house outright, I have 7000.00 in unsecured debt, if i stop paying my debt can they take my house?
Nick's answer
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Answered on April 20, 2014
Yes they can take the home. Being poor, sick, old, uneducated etc. doesn't protect you. It makes you more vulnerable.
Archived
Hey how long dose it take to build your credit when you file for bankrupcy
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Answered on April 20, 2014
If you pay your debts on time after you obtain a discharge you are eligible to buy a car normally within a year and a home within 2 years a...
Archived
Can the agency collecting a 24 year old debt forgive all interest and use the return today to pay the original debt?
Nick's answer
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Answered on April 13, 2014
You probably have a good FDCPA case against the collection agency. The statute of limitations is 15 years. This debt is well beyond that. Only a...
Archived
Question concerning chapter 13 and 401K withdrawals.
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Answered on April 12, 2014
You will have far more of a tax problem than a bankruptcy problem. Unless you convert there should be no objection to this in bankruptcy court. ...
Archived
Can an old student loan from 1990 keep taking my returns and other settlements for years without notifying me of debt due still
Nick's answer
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Answered on April 12, 2014
There is no statute of limitations for the federal student loans. There is a statute of limitations for private loans. This statute does not run...
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Archived
Settled An old CC debt with AAC on 2/26 but was still Served the next day, Should I still produce a Answer?
Nick's answer
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Answered on March 14, 2014
Never Ever trust them. File the proof of settlement and if you hire an attorney ask for your costs or sue them back if you can under FDCPA or any...
Archived
If I do not pay my defaulted private student loan debt, will the debt disappear after a certain amount of years?
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Answered on March 08, 2014
I respectfully disagree with the other answer. We agree that the debt is not dischargeable in bankruptcy generally. Service connected and VA...
Archived
Do I have to pay settlement amount if I do the aysp program and I am a 15 years old
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Answered on March 07, 2014
It is common for Walmart and other retailers to ask you to pay for an item they just put back on the shelf. Normally the judge will decide what...
How can I remove a default judgement for a credit card debt from my record.
Nick's answer
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Answered on February 28, 2014
The judgment is as another lawyer said on the administrative records of the court and also reported to credit reporting agencies. You can delete...
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