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If a creditor accepts my money after they charged it off are they suppose to notify the debt collection agency?
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Answered on May 17, 2010
You should record your phone conversations and keep your voice mails from the debt collector. It is a violation of the FDCPA to falsely represent...
Archived
Can you take a private person to small claims court for a vehicle that is undriveable shortly after it was purchased?
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Answered on May 17, 2010
I would need more information about the representations, but generally, a private sale like this is considered "as-is" with no warranties. Oral...
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Mortgage Free Private Residence and LLC
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Answered on May 14, 2010
If you are facing foreclosure on your primary residence you potentially have several options. I suggest you immediately contact a consumer...
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Can I file for credit cards debt settlement
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Answered on May 14, 2010
Creditors/debt collectors can't come after your home or assets until you default, are sued, and a judgment entered against you. This process takes...
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Am I respondsible for my late husband's debt. I was an authorized user on some cards, but some cards were only in his name.
Adam's answer
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Answered on May 14, 2010
This largely depends on the credit card agreement (contract). Most credit cards allow authorized users who are NOT responsible for the debt. In...
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Near $50,000 in unsecured credit card debt. Getting to the point I cannot make the min payments. How does it work from here?
Adam's answer
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Answered on May 13, 2010
This is a complicated matter and you should consult an experienced attorney in your state immediately. It appears you have a business debt here,...
Archived
Can a debt collection agency legally add more money to my original debt?
Adam's answer
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Answered on May 13, 2010
The short answer is "Yes". Depending on the contract which is the basis of the debt, and the laws in your state, creditors and/or debt collectors...
Archived
Can a debt collection agency refuse to put a reduced settlement offer in writing and if so where does that leave me?
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Answered on May 12, 2010
This is good advice from Mr. Fink and Ms. Koslyn. I would just add that in Michigan, I would simply have my client record the conversation to...
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My car is sold by towing company. Does it leave me bad record or history on my credit?
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Answered on May 11, 2010
The short answer, in most jurisdictions, is "yes" they can sell your car. You should check with a local consumer protection attorney regarding the...
Archived
Student Loans on Credit Report
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Answered on May 11, 2010
Private student loans may sometimes be corrected/deleted without paying the debt. If you have government funded student loans they likely won't...