Archived
I financed my car with a 7 year contract and still owe 9,000 with 2 years remaining. My APR is 24.99%. How do I still owe that?
Daniel's answer
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Answered on June 09, 2019
"Interest bearing" contracts with a high rate of interest tend to produce such results, especially if you make any late payments. You can greatly...
Archived
How do I remove this lean?
Daniel's answer
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Answered on June 08, 2019
Analysis of the language of the mortgage is required to answer this. Most mortgages authorize the bank to require flood insurance if the property...
Archived
Can you take a car dealership to court?
Daniel's answer
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Answered on June 03, 2019
Some of this may be actionable, some not. Examination of all documents relating to the purchase, financing, warranty and service / repair of the...
Archived
Can debt collection lawyers garnish my wages without a subpoena
Daniel's answer
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Answered on May 30, 2019
The creditor has a judgment. If you do not believe you were served, consult a consumer lawyer immediately.
Archived
What is the statute of limitations in Illinois for a store credit card?
Daniel's answer
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Answered on May 30, 2019
The Appellate Court ruled against the 4 year contention.
The statute runs from the later of default or last payment (not closure or chargeoff)...
Archived
I have been summoned for credit card debt?
Daniel's answer
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Answered on May 29, 2019
You should appear, ask for a trial, and point out your financial circumstances. If you are not collectible and aren't going to admit the debt,...
Archived
Want to know if this debt collection is likely a scam?
Daniel's answer
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Answered on May 28, 2019
The call is a scam. The statutes of limitations are 4, 5 and 10 years from default or last payment (whichever is later). Sounds like they have...
Archived
Can I sue a collection company/apartment complex in another state that I am now a resident of?
Daniel's answer
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Answered on May 28, 2019
Generally you can sue a debt collector where you received an improper collection communication, at least if it was addressed to that location, and...
Archived
Do we have any recourse against the selling dealership?
Daniel's answer
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Answered on May 26, 2019
You may have a claim, depending on: (1) what representations were made regarding the condition of the vehicle; (2) what warranties you received;...
Archived
Can they repossess my vehicle after 3 weeks missed weekly payments
Daniel's answer
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Answered on May 26, 2019
1. You are bound by what you signed, regardless of prior oral statements. 2. Missed payments allow repossession. There is no minimum amount or...