I co signed for my uncle's truck at our federal creit union, however my uncle filed for bankrupt protection chapter 13.

If you pay or he pays according to the contract rate it should not affect your credit. If he doesn't then they may come after you for the...

Do I need to use Debt Consolidation or declare bankruptcy?

Likely a bankruptcy is a better option than debt consolidation, but you should speak to a bankruptcy attorney to analyze your situation. An...

Selected as the best answer

I stopped paying credit card debt in 1999. Is the debt now barred by the statute of limitations for collection in IL?

Likely yes they are barred by the statute of limitations if they sue. It is a defense for a lawsuit, but if you ever made any payments after or...

Wrong documents in my CLOSED bankruptcy file.

If the documents filed were not yours then they are void. However, it is generally never in your interest to reaffirm a first mortgage and even...

Any advice for credit card debt lawsuit? Should I get a lawyer?

If they have the paperwork to prove the debt or you acknowledge it then you will likely lose with or without a lawyer. Considering your income and...

What is the most interest a payday loan company can charge?

You need to look up your states Usury laws if they have any. In Illinois there are none. Also where the company is out of may matter as their...

Can I trade off a car with a co signed before my bk7 is discharged, taking the car loan out of my name?

You can trade the car in, but the issue is the co-signer liability. Also the question arises if you reaffirmed the debt and how much you owe v....

My husband and I filed chapter 13 bankruptcy on July 26, 2012, my husband died on July 27, 2012. I received a large amount from

Speak to your attorney. In some states the proceeds for the death of a insured who is a spouse is completely exempt in Chapter 7. However, it...

Can a bank sue me after 12 years if someone put a credit card in my name as a minor.

1) You should file a police report for identity theft! 2) Then give that to the creditor in writing with a letter that you didn't incur the...

I have private student loans that i am default in.

Not much when they are private loans. If they are in default that is the problem and the co-signer can be garnished or have to make payments since...