Question about bankruptcy and cosigning on a car loan.

The wife is jointly and severally liable. She does have the right to take over payments before any collection action is taken, including credit...

What is the recourse of a bank if payment is not made on a loan???

Have a consumer lawyer examine both the purchase and financing documents. Often the finance entity is subject to defenses good against the seller,...

Wages garnished after defaulted student loan debt paid off?

Depending on whether the garnishment was carried out by a debt collector, the action may violate the Fair Debt Collection Practices Act. Consult a...

What does "sue as limitations.."mean in regards to a past due payday loan?

You are being scammed. The content of the calls is familiar. You will not be arrested. You probably will not be sued. Report the call to law...

It is likely the calls represent a scam. Any debt unpaid 13 years is beyond the statute of limitations. Consult a consumer attorney to determine...

Bring threatened with warrant for my arrest for not paying a payday loan. approached twice before and paid it. Is this a scam

Any call with that sort of content is a scam. Report to law enforcement. Do not pay or provide information. It also violates the Fair Debt...

I have a cash advance place threaten to take me to court over a loan that is over 8 years old. What (if anything) could happen?

Calls of this nature on old payday loans are scams. Report to law enforcement. Do not pay. Do not provide information. The calls violate the...

The statute of limitations on an auto deficiency is four years, running from the later of breach or last payment by the consumer. If you made no...

Hi I am getting sued by a collection lawyer for $800 dollars for an account that I had closed in Nov 2008.

You do not indicate what the account is. The statutes of limitations in Illinois most likely applicable to your case are four years for any...

My Father passed away Monday and his car still has a sizable balance with the finance company. I cannot afford or get financing

You are not personally liable for your father's debts. You can contact the finance company and invite them to take the car. You can sell the...