Archived
I have been making payments on a past cc debt Ive been in the agreement for 3 months they are still taking me to court
Marc's answer
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Answered on July 23, 2012
Agreed go to court and ask for an installment agreement to repay the debt if that is what you want to do. No matter what show up to court.
Stealing at target of 63 dollers of stuff and now pay $358.01 need help
Marc's answer
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Answered on July 21, 2012
I am licensed in Illinois and I would like you to call me and email me a copy of the letter you got. You can call me at 312-924-0227.
Marc...
Archived
Chapter 7 means test. I read different things. Is the IRS $200 "clunker" ownership allowance still available? 1 site said no.
Marc's answer
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Answered on July 21, 2012
The means test deduction is still available for the $200 deduction for a paid in full vehicle if the car is "a clunker". When the Supreme Court...
Car totaled while in bankruptcy. Need another vehicle, who get the check? me or Trustees
Marc's answer
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Answered on July 21, 2012
Wait to speak with your attorney. Any proceeds or disposable income are to be paid into the Chapter 13 plan. However, these are insurance...
Archived
I loaned a friend 12,000 approximately 3 and a half years ago. The only proof I have is my cancelled check made out to him.
Marc's answer
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Answered on July 21, 2012
You can sue on an oral agreement. However, the statute of frauds applies since the amount is over $500. Therefore, a contract must be in writing...
Archived
I am the cosigner on my sister's student loan, she resently lost her job, and I am unable to make the payments, what do I do?
Marc's answer
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Answered on July 21, 2012
You are jointly and severely liable for the debt. This means that the creditor can go after one or both of you for the money. If you don't pay...
Archived
Can I transfer the title of a paid off vehicle to a family member if I have filed Chapter 13?
Marc's answer
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Answered on July 21, 2012
Agreed this is not a cut and dry answer. I assume you have an attorney so ask the attorney you have. Technically all property is vested back to...
Archived
What happens if we transfer our corporation to our daughters before filling for bankruptcy?
Marc's answer
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Answered on July 21, 2012
That is likely a fraudulent transfer. A fraudulent transfer is a transfer of an asset for little or no value and the trustee in a Chapter 7 can...
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Archived
Is it possible to declare bankrupcy on just my credit cards?
Marc's answer
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Answered on July 21, 2012
All assets and all liabilities are listed in bankruptcy or you are committing perjury. Speak with a bankruptcy attorney in your state and area. ...
Archived
At small claims court involving a medical bill that I believe is my ex wifes from 5 yrs ago(I have never been shown the bill)
Marc's answer
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Answered on July 21, 2012
If you were married at the time and you were in Illinois there is a statute here that makes one spouse liable for the other spouse medical debt. ...
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