Is $620/month excessive lawyer fees for collecting unpaid HOA dues. Also apply my monthly HOA pmt to back fees, is this legal?

This is a perfect case for a Chapter 13 Bankruptcy. In Chapter 13 you can pay off these debts over time without the fear of foreclosure and keep...

I am an attorney in Florida with a question about a bank garnishment in Michigan

Unfortunately, no. In the past couple of decades Michigan has moved from a fairly debtor friendly state to much less friendly state both...

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Does this qualify as a threat or misleading statement? Fdcpa?

Based on the facts related I believe there is both a violation of the Fair Debt Collections Practice Act and the Fair Credit Reporting Act. A suit...

This does actually happen. This may be a violation of the fair debt collection practices act. I would have to see the paper involved. If you...

If a company demands payment on junk debt and then when its sent to their attorney the debt amount is lowered does that violate?

I would look at two issues in this case. The first is in the collection case itself - If they can't get the balance straight how can they get a...

In Michigan there is a usury statute which limits the interest which can be paid on a debt if borrowed for individual purposes. It does not apply...

Will the IRS settle a balance owed for a lower amount if you offer to pay it all off?

This is a very complicated question because of both of the bankruptcy implications and the IRS debt defense questions. It is highly dependent on...

Our 2nd mortgage is threatening to foreclose. They've offered a loan mod, but I can't afford to renew this loan. Any Advice?

You aren't clear enough about the facts for me to give a full answer. However, I can give answers based upon an assumption that you received, or...

Can a Michigan Bankruptcy trustee reverse a real estate transaction?

Yes. The trustee could treat this as a fraudulent transfer and avoid the sale either under the bankruptcy code or state law. The real question is...

Any creditor can deny you any service, for any reason they see fit. Your surest solution to the problem is to put the bill in the name of your...