Archived
Lender filed notice of default while property was under protection of automatic stay due to bankruptcy of 2nd mortgage lender.
Michael's answer
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Answered on April 14, 2015
I don't necessarily agree that a Notice of Default is a violation of the automatic stay - it depends on how it was worded and whether it can be...
How can i Guarantee ford credit will release my car title once I pay off the the remaining balance I negotiated them down to?
Michael's answer
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Answered on April 14, 2015
If they won't sign an agreement stating that they agree to these terms, absolutely nothing. I would advise getting the deal in writing, signing it...
Archived
In Wa. St. Is it legal for the collection agency contracted by the court to charge intrest thats more than the original tickets
Michael's answer
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Answered on April 14, 2015
It's legal because the interest has compounded over the past decade. If they were charging something like 7% interest annually, it is very easy to...
Archived
How can I dispute a legal action to hold my funds by debt collectors?
Michael's answer
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Answered on April 14, 2015
If I understand you correctly, a creditor sued you, obtained a judgment, and filed a levy on your bank account to collect the judgment. That's all...
I am a lienholder of a towed vehicle. What is my liability?
Michael's answer
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Answered on April 14, 2015
You have no liability as the lien holder for the tow, etc. - that's the responsibility of the owner, not the lienholder. That said, if you wish to...
Archived
Can vehicles with car loans and negative equity be taken in a Property Execution.
Michael's answer
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Answered on April 14, 2015
Can they? Yes. Will they? Probably not, since, as you noted, neither is worth anything due to the outstanding liens, which would have to be paid...
Archived
My mother, has been getting letters from collection agencies that she owes past debt amounting to $8734. Does she have to pay?
Michael's answer
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Answered on April 14, 2015
First, let's look at the underlying situation. Although your mother may no remember doing it, is this debt legitimate or not? She (through you)...
Archived
Debt consolidation
Michael's answer
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Answered on April 14, 2015
They are all a scam. Avoid them at all costs.
Archived
How long for credit bureau to report bankruptcy discharge.
Michael's answer
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Answered on April 14, 2015
Your attorney is wrong. Credit reporting agencies report on a monthly cycle. If your BK was discharged this month, there is no way it can...
Archived
My daughter electronically cosigned my name for a school loan without our permission.
Michael's answer
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Answered on April 08, 2015
Something isn't adding up here. If you were being told that you were liable for a loan that you knew you didn't sign, why have you been making any...
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