Any way to get out of this situation? I co-signed for a friend over 10 years ago on his AES student loan.

See a consumer attorney. NCT has difficulty proving it owns these loans. In addition, it has filed suit on loans beyond the statute of...

Is there a statute of limitations for collecting a debt?

Common Illinois statutes are 5 years for credit cards and other contracts not wholly in writing, 4 years for any contract for the sale or lease of...

Is there a way that I can get out of a lease for a credit card terminal even though I signed an agreement?

These are difficult cases, as the lease is normally assigned to a different company than the one that originated the lease, provides that you have...

What is the statute on repaying a judgement on credit card debt in Illinois.

A judgment is enforceable for 20-27 years. it has to be revived after 7. The 5 years is the period within which to bring suit on a credit card...

Is there a statue of limitation for payday loan.

You are being scammed Report the call to law enforcement

Unauthorized

Demand in writing that they return the money. A bank has a right of setoff with respect to funds of its debtor, not others. Sue if you do not...

Request an accounting in writing, which they are required to furnish. However, these are often "daily interest" loans and they can have the effect...

The facts you describe have all the earmarks of a scam. I suggest that you contact the issuing bank and see if it is genuine. Do not remit...

I have three charge off on my credit reports that states "On record till until Jan 2017". Does it automatically fall off?

They should come off automatically. However, you can write to the 3 bureaus and ask that the items be removed as obsolete.

How can they send me a promissory note as proof of student loan debt with no loan amount on the note?

Are these private loans? When was last payment made. Your description indicates 5 year IL statute of limitations would apply if these are private...