Is there a statatue of limitation in illinois on a second mortage loan? I havent made a payment in 8 years.
Elisabeth's answer
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Answered on May 01, 2012
When you acquire a mortgage the creditor is given two ways to collect on the loan of the money it gave you to purchase the property, 1) the right...
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If a person gets a car title loan and goes bankruptcy chapter 7does the loan company have to give the car title back
Elisabeth's answer
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Answered on May 01, 2012
Unfortunately, you will only get your title back after you have paid the title loan company back in full according to the contract you signed....
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If i settle a account with payment plans with a lawyer do i still have to go to court?
Elisabeth's answer
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Answered on April 27, 2012
While you are asking the right questions, there simply isn't enough information provided to be able to answer your questions.
Should I write a letter to the Judge in my bankruptcy case?
Elisabeth's answer
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Answered on April 24, 2012
If your attorney has filed the motion to voluntarily dismiss your Chapter 7 case then I would suggest you discuss this questions with her or him....
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I lost in court against a creditor, so I have to pay the balance in full?
Elisabeth's answer
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Answered on April 24, 2012
You are free to attempt to negotiate a lower lump sum payment, or a monthly payment plan with the creditor. However, given that the creditor has...
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I'm considering bankruptcy I only own a pick up truck and i'm still making payments on my motorcycle which is my primary means
Elisabeth's answer
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Answered on April 20, 2012
It sounds like bankruptcy may be a good option for you. It also sounds like you have some property that may be considered assets to be liquidated....
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If the decree says 50/50 on anything insurance doesn't cover & she files bankruptcy can we still go to court to get half $ back?
Elisabeth's answer
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Answered on April 20, 2012
This is a complicated question which will require a review of the decree. I strongly suggest that you consult with an attorney.
Archived
If the decree says 50/50 on anything insurance doesn't cover & she files bankruptcy can we still go to court to get half $ back?
Elisabeth's answer
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Answered on April 20, 2012
I agree that this is a complicated issue and you should consult an attorney. Chances are that you are still fully liable on the debt, but that...
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I bought a car for 10k and i only owe 2k on it i havnt been able to make my payments. do to my medical problem
Elisabeth's answer
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Answered on April 20, 2012
No, a creditor can not have a person imprisoned for owing money on a vehicle. The creditor can file a lawsuit to take possession of the vehicle, or...
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Can a third party step-up to the plate and help with additional income for a person who needs to file a chapter 13?
Elisabeth's answer
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Answered on April 19, 2012
In this situation your daughter and her husband would have to make a commitment to pay a set amount into your household for the 3 to 5 year...
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