What percentage of a debt will a company settle for? I owe 21000 for a forfeited default loan. I offered 5000.

There is no rule of thumb regarding what percentage of a debt a company will settle for. Usually if you offer a lump sum the amount of the...

If you hire an attorney to help you collect the debt the attorney most likely will charge you a percentage of what he collects as his fee. You...

If i have a auto title loan, can i file that in ch 7 and keep the vehicle.

I'm sure you have heard the expression "You can't have your cake and eat it too!" You can keep the car and keep making payments. Or you can...

I'm sure your attorney will know exactly what you need to give to the Trustee. You could also go on the Court's web site. Often there is a link...

The job of the trustee at the 341 meeting is to see if there are any assets he can get (after exemptions) to get some money to the creditors. In...

Can i file a petition for bankruptcy to stop a sherrifs lockout procedure

I can tell by your question that you are completely in the dark about bankruptcy. You can file a bankruptcy without an attorney but it won't be...

If we filed for bankruptcy in 2008 and i want to know how long after does the bank have to show a foreclosure on credit report

Lenders have widely differing standards when reviewing mortgage applications. One lender could see the 2008 foreclosure and say "No thank you". ...

I need to file chapter 13. Looking for an attorney in Conroe that has a payment plan. Can anyone help?

The good thing about Chapter 13 is that you can pay a portion of your attorney's fee through the Chapter 13 plan. Many attorney's will offer a...

I am filing for chapter 7 bankruptcy and my husband received a loan from a family member to help with household expenses

If your husband was filing bankruptcy with you the loan would be listed on Schedule F as an unsecured debt. Since your husband is not filing you...

Do I need to find each collection agency my original creditor sold the debt to?

I agree with Ms. Larkin. You should list as many creditors as possible. Some debts have multiple collection agencies. I don't know whether the...