Should I file a lawsuit ??

Have a consumer lawyer review the contract, any statements or correspondence, and your calculations. If this is an interest bearing contract the...

Can they press charges?

Failure to repay a loan is not identity theft or any other crime. Report the communications to the Attorney General of your state, Federal Trade...

Can this loan be turned over to my name only? If so, can my pension be garnished because I don't have money to pay?

Consult a consumer attorney immediately, especially if this is a National Collegiate or Educap loan. There are a number of defenses under Illinois...

Banks have a "right of setoff." If you were personally liable for the balance on the "joint" account and had an asset account elsewhere, the bank...

If the lender keeps a repossessed vehicle as compensation does the charge off have to be removed from my credit reports?

More facts are needed. You probably need to consult a consumer attorney. Additional relevant facts include: was there an agreement to allow...

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In Illinois, can you purchase the same property after you lost it to a foreclosure?

Nothing prevents you from doing this.

Can I send a QWR to my first loan servicer for missing payment history/questions that present servicer can't answer

A prior servicer is obligated to respond to a QWR for 1 year after it ceases to service. You can go through the CFPB regulations and...

Do I have to pay off the balance of the credit card that has my name on it since my mother is now deceased?

The answer depends on whether you are merely an "authorized user" or actually were added as a liable party to the card. In some states, adding...

Will I be responsible for paying my deceased mother's ambulance and hospital bills?

Generally, children are not responsible for medical bills of their parents.

What can I do?

Calls of this nature, demanding an immediate response, are almost certainly scammers. Do not pay. Do not provide information. Ask for the name...