Archived
Girlfriend gives me 3k for down pay on house we break up she wants money back she signed gift letter for bank I live in Michigan
Kurt's answer
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Answered on August 10, 2009
If she sues you, she will have to prove a contract, an agreement, by you to pay her back.
Seems a hard sale to a Judge, when you have a letter...
Archived
If we voluntarily forclose on our home in Michigan what are we accountable for after giving the house back to the mortgage co?
Kurt's answer
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Answered on August 10, 2009
You could offer a deed in lieu of foreclosure, which means instead of, but if they already spent the money to set up a sheriff's sale, they might...
Archived
Would a 3rd mortgage find it worthwhile to forclose if there would be no money left over after paying off mortgage 1 and 2?
Kurt's answer
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Answered on August 10, 2009
They would have to pay off the first two in order to foreclose and take the house back, not likely.
You can strip off, or get rid of, the third...
Archived
Taking out a second mortgage to help someone buy a house, and then they refuse to pay...Even though the house is in there name
Kurt's answer
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Answered on August 10, 2009
You can sue him for breach of contract, if he had a contract with you (does not have to be written) to pay you.
But, is he collectible? Does he...
Archived
DTE is making me pay a past enants ovver due bill. they won't remove it off of mine and say that I have to pay it
Kurt's answer
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Answered on August 10, 2009
What have you done to dispute it so far?
Is it on your credit report?
From your description, it is not your debt.
Archived
Is it better to allow a reposessition of a vehicle or deal with inconsisitent long tern payment history?
Kurt's answer
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Answered on August 10, 2009
Will not matter either way on your credit report as far as your liability on the debt, you owe it regardless.
Except to the extent they get some...
Archived
Is there a limit or time frame as to how long creditors have, to report collections accts. to the credit reporting agencies?
Kurt's answer
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Answered on August 10, 2009
Generally, I believe it is after 7 years most items come off a credit report.
However, if you had a no asset case, meaning the trustee did not get...
Archived
My house went into foreclosure in Feb. 09. July 22 was the end of my 6 months to stay. Is there a time frame to file bankruptcy?
Kurt's answer
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Answered on August 10, 2009
In order to stop a foreclosure sale, bankruptcy has to be filed before the sale date.
Bankruptcy law also provides for a 60 day extension of any...
Archived
Promissory note on cash loan with signature only amount $100000
Kurt's answer
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Answered on November 05, 2008
Technically, someone cannot be incorporated. The individual is a legal entity, and the corporation is a separate legal entity. Yes, an account...
Archived
Home Foreclosed Plus Many Outstanding Debts
Kurt's answer
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Answered on November 05, 2008
Check with the bankruptcy court, and state bar association, in your area for a pro bono program, also check with legal aid to see if they handle...
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