I am about to file Chapter 7 bankruptcy. I have a friend that owes me $1700. What will the trustee do?

The instant you file a Chapter 7, all of your assets become property of the bankruptcy estate-including monies owed to you. And while the Chapter 7...

Debt collector

It is difficult to answer such a generalized question, but the Fair Debt Collection Practices Act governs the type of contact that collection...

What can I do?

Not only should you call the creditor and demand that they release the garnishment (it might have simply been sent to your employer in error), but...

The short answer is that yes, it is legit for one creditor to sell its accounts receivable to another so that the purchasing creditor can then try...

Hi, just wondering if you can volunteer your pension funds not a 401k in bankruptcy

Not sure I understand your question. Under bankruptcy law, qualified retirement plans, including 401ks, are exempt and cannot be seized during a...

Can a landlord put a collection debt on my credit report for rent owed if they took me to court for possession of property?

I agree with Scott. As a consumer, you have the right to dispute negative reports or inferences on your credit report. You can google how to...

Yes they will, and the back amount that you owe them will be discharged in a bankruptcy, but they have the right to make you put up a security...

It depends on whether there is equity in the house (that is, comparing the fair market value of the home against the balance left on the land...