Never ignore something like this. Send them a letter demanding verification of the debt and proof of its validity. If they are seeking...

A few months ago I entered into a lawyer run debt forgiveness program. Want to file Chpt 7 instead. Can I opt out of this?

Yes, you can opt out (including the "Debt Repayment" program as a creditor), and, yes, you can talk to a bankruptcy attorney.

If bankruptcy papers were filed stating I wanted to re-affirm a debt, can this be changed before the discharge becomes effective

No need to alter any paperwork, simply don't sign any reaffirmation paperwork.

Can I keep my pick-up in chapter 7 by reaffirming the debt.

Yes. Since the vehicle has a lien on it, you can keep it via reaffirming the debt. Also, the value placed on the truck is typically trade-in...

Can a healthcare provider file bankruptcy? does this compromise Medicare licensing?

A health care provider certainly can file bankruptcy. The CPA, however, is correct in that state and federal licensing requirements can revoke a...

I am facing short sale and BOA wants 5000cash at closing and22000 prom note.I also have 20000 credit card debt,Should i file BK?

You'd be insane, in my opinion, to agree to the terms being offered. They want you to come up with $5,000 right now AND another $22k going...

Can a doctor charge 25% interest on co-pay not paid in 30 days?

New York has a usury law, which caps consumer credit at 16%. You don't say how you arrived at the 25% figure - is it the $10 on a $40 debt? I...

An out of state lawyer is trying to collect on an unpaid bail bond i co-signed on.no word from bondsman for 4 yrs.what can i do

You should immediately demand, in writing, proof of the debt and that the current firm seeking payment has the legal right to do so - that they...

I am currently getting my wages garnished and have received financial assistance after the garnishment has started.

In my opinion, it would not affect the existing garnishment since that was as of the date it was served - it may affect future garnishments. Also,...

Yes, you can settle for less if you negotiate an agreement. As for your second question, it is technically illegal for an agent of a creditor to...

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