My son took a loan out through bank of America in 2007 he paid on it for a little then could pay it any longer,

Just to add to Mr Berkus' answer - this sounds like it may be a student loan. Student loans creditors can be very tough and in some cases they can...

Do I need a foreclosure attorney?

You have a number of options at this point: short sale, loan modification, deed in lieu, cash for keys, just letting the foreclosure proceed as...

I live in Wisconsin. Can a credit card company get a judgment against me and confiscate my IRA?

Retirement funds are generally exempt from collection. I am attaching a link to a Wisconsin-specific resource which discusses which property is...

Should I file BK, or is a consent judgment to avoid deficiency, or deed in lieu a good option? Can I negotiate student loans?

In many cases in WI, there is no deficiency balance on a first mortgage after foreclosure. As noted by others answering your question, student...

Did the lender send a 1099 indicating that the debt was forgiven before 12/31/2013? It seems to me that that is when the Mortgage Forgiveness Debt...

Hello! my credit card company is taking me to court.

You have a few options: You can hire an attorney to appear for you. You can file a motion for continuance stating you are out of the country and...

Removing credit card from credit report

(1) You can dispute any entry on your credit that is incorrect. You can send letters and documentation straight to the Credit Reporting Agencies. ...

How much attorney work is a foreclosure and eviction for an owner-financed mortgage?

I would suggest you consult with an attorney who does foreclosures and seller-financed mortgages. Generally, mortgages state that the borrower is...

How long do a chapter 13 bankruptcy plan last?

Sometimes a plan runs 60 months from confirmation...not from filing. It depends on local practice. However, you paid your attorney and s/he...

In chapter 7, what state exemptions must I use and how will they apply in my situation as follows.

I beg you to meet with an experienced attorney. You have stuff you want to protect. Whether you can protect it all or not depends on which...