Can a bank refuse to open an account for a business based on the nature of their business?

Banks are required to "know their customer" and exercise due diligence to make sure they are not being used for illegal purposes. The inquiry is...

Check Deposit Fraud. Do I Have To Pay The Bank?

Yes. The person endorsing and depositing a check warrants to the bank that it is good. The bank does not warrant to the depositor that it is...

Im getting emails about a payday loan I dont think I owe

This has every indication of a scam. Report to law enforcement. Do not pay or respond. The contact is an FDCPA violation but there is likely no...

I have a lot of personal debt - much more than assets. I have little money in my personal bank accounts, but my LLC does

Your equity interest in an LLC is an asset, as are payments that you receive from an LLC. They can get a court to transfer these assets in most...

How do I work with a debt collector?

A collector that refuses to provide a statement is suspicious. How do you know they have a right to collect anything? You are not required to...

Received a court letter, notice of motion. Collection Co. said I don't have to show up. It's not even from same County.

Never ignore a summons. Follow the instructions on the summons to the letter notwithstanding any oral statements to the contrary. Your daughter...

Can a 2 year old bankruptcy be used to deny a credit card?

Yes. The card company is not obligated to do business with you. It can refused to issue a card for any reason other than your race, religion,...

I need some advise on a debt collection letter.

The statute of limitations is most likely 5 or 10 years. There is an argument that a 2 year statute under the Federal Communications Act applies...

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Can I be bound to the terms of a new lease if I signed as a guarantor on an old lease that expired over a year ago?

Unless the original guaranty clearly stated that you were guaranteeing any and all obligations that your son would ever incur with the landlord,...

I was trying to get a personal loan and I got swindled by a company for $194. Is there anything I can do to get my money back.

People who ask that you pay money in advance in order to get a loan are generally scammers, especially if done over the Internet. The only...