Archived
Home included in chapter 7. Year later mortgage sold to new company. New company charging me PMI after 6 months. Can they do it?
Tara's answer
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Answered on January 30, 2015
I'd have a consumer law attorney look over your documents because something is odd about these facts. Most will provide a free consultation. PMI...
Archived
Do I need a lawyer?
Tara's answer
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Answered on January 30, 2015
In the future I would pay each loan separately with the statement or payment coupon for that loan. As far as correcting the damage, one issue...
Archived
WHY DID I RECEIVE AN 'ABANDONMENT' OF PROPERTY 1099-A for our house that was foreclosed on and the loan was included in BK?
Tara's answer
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Answered on January 30, 2015
Talk to a tax advisor. I'm not familiar with 1099-A's, but I know with 1099-C's you can sometimes avoid paying taxes if you can prove you were...
Archived
Is a settlement from a lawsuit class action taxable?
Tara's answer
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Answered on January 30, 2015
Unless it was a personal injury class action, the money is likely taxable. Statutory penalties, for example, are considered taxable income.
Archived
I have a judgment for a vehicle that was repo. I went to court and had it reduced from $8000 to $3000.
Tara's answer
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Answered on January 29, 2015
You should see a consumer law attorney right now about this issue. They need to review the details of the agreement you signed. One thing that...
Archived
Asking for my son, is he responsible for wifes medical bill, everything comes in her name.She passed away.
Tara's answer
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Answered on January 29, 2015
He could probably be held liable for them under the Family Expense Act, assuming he lives in Illinois too. However, the doctors may not actually...
Archived
DEBTS IN COLLECTIONS:
WHAT ARE MY OPTIONS FOR PAYMENT,
CAN I DETERMINE THE AMOUNT IF IN PAYMENTS,
CAN I REQUEST PROOF?
Tara's answer
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Answered on January 29, 2015
If a collection agency has the debt now, you have the right to ask for verification of the debt. If you believe you owe the debt, you should try...
Archived
How long does it take to hear from the bank once a property goes in REO status?
Tara's answer
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Answered on January 29, 2015
The sale has to be confirmed by the foreclosure court before the new owner will officially be granted possession of the property. The Lawyer's...
Archived
My creditor somehow found out my SSN. Is this stalking or identity theft? Anything I can do about it? Order of protection?
Tara's answer
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Answered on January 28, 2015
A creditor trying to collect a past due debt has a permissible purpose under the Fair Credit Reporting Act to pull a credit report which would...
Archived
Had unauthorized trasaction via ATM Withdrawl though RushCard Prepaid Visa. Is there a demand letter for provisonal credit?
Tara's answer
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Answered on January 28, 2015
You don't need any specific form letter, but it is very wise to put your dispute of the transaction in writing. You should also make a police...
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