What is the best way to proceed when being sued by a credit card comapny when asked to turn in a letter in 20 days?

You either have to appear in court and file an answer to the complaint or not show up and risk a default judgment. You could also try to settle...

If i file for bank ruptsy would the loan become a normal non student loan according to the tax people

Your question is difficult to follow. Student loans are non dischargeable. I am not sure what you mean that student loans are going under. ...

It all depends on what you want to do. First off I would speak with a bankruptcy lawyer to see if you need or desire to file a bankruptcy. A...

Lender transferred mortgage to another lender after 2 years of chapter 7 bankruptcy. how long will it take to foreclose?

Banks move at different paces since the mortgage crisis. There is no way to predict when they will actually file a foreclosure until they file. ...

Can a judgement be placed on your credit report as a personal guarantee if you never received correspondence to appear in court?

Most contracts are signed both personally and in the business name. So the creditor can go after both the business and and the personal guarantor....

A Florida lawyer would be best to answer this question. I can answer in general from what would happen in Illinois. Until a deed is transferred...

Creditors validation of debt amount different from original credit companies via credit report. closing dates & amounts no match

Debt validation is defined rather vaguely. If a creditor sent a copy of a statement with your name and your application with a signature that...

A creditor may still garnish with a payment plan set up with the creditor. When you set up a payment plan it is good to get it in writing. Some...

If someone is filing chapter 11 and they took your money to lease a restuarant can they keep your money.

The debtor filed a business reorganization. In those schedules they have to assume a lease or reject it. You likely need representation or...

My friend paid the bill using my credit card without me knowing

You can dispute it. There is no way of knowing of what the credit card company will say.