Is trust property exempt from Medicaid Recovery?

This is a highly complicated question. First off this is more a trust and estates question and a lawyer would likely need to look at the trust...

First off if you didn't reaffirm the loan you are no longer personally liable on the mortgage or HELOC. Your lawyer was certainly correct to not...

Will it be reported on our credit....

1. if your mortgage was discharged in a Chapter 7 and you didn't reaffirm the credit report should say that however, 2. in Illinois even if you...

Does right of set off apply to credit cards?

It depends on the agreement signed with the bank. Often times it says if you owe any money to the bank they have the right to setoff the account...

I received a bad check for 2450.00 last year and she now has a "not guilty " plea.

I assume the states attorney is prosecuting for the bad check. The states attorney is prosecuting due to a criminal statute for passing a bad...

Could a letter I received from a collection agency be a scam?

Agreed ask for verification of the debt. The statute of limitations also has likely run out. They couldn't sue on the debt even if it is valid. ...

My ex filed chapter 7 and listed her SallieMae parent plus loan. Will this more than likely be discharged due to undue hardship?

An adversary proceeding must be filed to discharge student loans under the undue hardship test. It is very unlikely that the debtor will win this...

Can a debt collection agency call a member of your family if they are not co-debtors?

Rude, not a case generally, unless it is considered harassment or unfair practices to collect the debt. If you live in the home they can call...

Can a debt collection agency call me at work?

Use the magic words, "my employer does not allow personal calls at work". They must cease calling. If they don't write down who called, when and...

Ch13 to ch7 questions ( short sale and assets)

Speak to your attorney if you have one. If you assets that are unprotected a Chapter 7 trustee will use that money to pay creditors. The cars...