Archived
Are you required to pay the balance owed to a loan company after auction? We did not request them to come and pick up the auto.
Daniel's answer
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Answered on January 07, 2015
If the repossession was lawful and all proper notice were given and the disposition of the collateral was "commercially reasonable," you are liable...
Archived
Is it Illinois law that my bank must place a hold of double the judgement amount?
Daniel's answer
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Answered on January 07, 2015
Illinois law requires double the amount of the judgment to be withheld. However, you can claim $4,000 as exempt under the "wildcard" exemption,...
Archived
If i file a wild card exemption to unfreeze my account before my next court date, will I be able to see a judge that day?
Daniel's answer
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Answered on January 07, 2015
You can try filing an emergency motion setting forth your circumstances and try to have it heard on 24 or 48 hours notice to the other side.
Archived
What should I expect at my court date?
Daniel's answer
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Answered on January 07, 2015
You will not go to jail. You may have a judgment entered against you. This is not necessarily the case because creditors often cannot prove the...
Archived
I got my wages garnished how do i know how much money they take from my paycheck
Daniel's answer
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Answered on January 06, 2015
The amount deducted from each paycheck should be stated on each pay stub. In addition, you have the right to an accounting from the judgment...
Archived
Can my 89 year old mother be served legal papers from a process server for a payday loan, she
says is paid sans debt verify?
Daniel's answer
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Answered on January 06, 2015
Real process servers don't make calls like this. It is likely that your mother is being scammed.
Archived
What is the statute of limitations for a buy here pay here company to pursue you on a repossesion?
Daniel's answer
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Answered on January 05, 2015
4 years, assuming that you are correctly describing the transaction
Archived
Is there any law that help a cosigner retrieve monies paid on loan that first borrower did not pay?
Daniel's answer
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Answered on January 05, 2015
Generally a cosigner who pays the debt is entitled to recover what he or she paid from the principal debtor. Whether the principal debtor is...
Archived
Can insurance co make electronic withdrawl without your authorization
Daniel's answer
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Answered on January 05, 2015
It is a violation of the Electronic Funds Transfer Act to have an arrangement for recurring electronic transfers which is not in a signed writing...
Archived
If I am a authorized user on credit card and charge items, can the owner of the card press legal charges against me?
Daniel's answer
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Answered on January 03, 2015
An authorized user is not liable to the issuer of the credit card (bank). Attempts to collect from the authorized user may violate the Fair Debt...
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