Archived
Hello, my name is david i currently have two payday loans out. I cannot pay them, I am already on a state payment plan. Help me!
Alan's answer
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Answered on October 01, 2009
Unless you committed criminal fraud, you would not be subject to jail. Payday loans often require that you provide post dated checks. Since your...
Archived
Defamation of Character. Sprint sent my account to a collection agency. Does a written contract override a corporate database?
Alan's answer
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Answered on October 01, 2009
Yes.
Archived
I have 7 outstanding payments threw non credit cards it is like swiss colony. country door,total 2600
Alan's answer
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Answered on October 01, 2009
You do not have to disclose personal financial information to collectors. Only if a court order is issued requiring these disclosures would you be...
Archived
How can i get out of paying the interst my debt incurs after it was settled from court
Alan's answer
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Answered on October 01, 2009
Your creditor is entitled to interest on the judgment pursuant to Michigan law. You can negotiate a payment plan that might absolve you from...
Archived
Can we file bankruptcy? (Michigan)
Alan's answer
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Answered on October 01, 2009
As you have expressed, there is a risk if you file for bankruptcy. You state that your son took over the 2nd mortgage. What happened to the...
Archived
My spouse died owing credit card debt in his name only. There is no estate. Do i have to pay this debt?
Alan's answer
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Answered on October 01, 2009
No.
Archived
Homestead exemption in Michigan
Alan's answer
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Answered on October 01, 2009
$20,200 if using federal exemptions; with Michigan exemptions, $30,000 (or $45,000 if over 65).
Archived
How do I get my named removed from a mortgage after a divorce?
Alan's answer
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Answered on September 30, 2009
You can't without the permission of the lender. You will need to go back to the Family Court and seek relief - your problem is that the economy...
Archived
I have 30,000 in credit card debt, just on my own?
Alan's answer
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Answered on September 30, 2009
No. Any transfer of property while you are insolvent is fraudulent and can be undone by the courts. You need to consult with a bankruptcy attorney.
Archived
I believe that I will be sued (summons) for a credit card debt. (approx. 1,400).
Alan's answer
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Answered on September 30, 2009
The Court does not care why you did not pay. If you owed the money and you did not pay as agreed, then you will lose, regardless of why. You...
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