Upside down on investment property, we want to walk away

I could not say for sure, but I would be the loan company tried as hard as they could to get around any non-recourse laws. The agreement itself...

When your income drops, your payments can potentially go down. The amount to be paid for secured and priority claims can't go down, but the...

How does restitution work?

I doubt you need to hire an attorney for collections, but it may turn out to be faster. The restitution order normally means they have to pay the...

What will the company do to obtain secured assets after bankruptcy discharge.

Chapter 7 discharged your personal liability on the debt, but they retained a lien they can enforce. For $1,500, they might go away, or they might...

Many companies have dispute procedures that are available and also that you agreed to in the terms and conditions. They may still allow you to...

Can a payday loan on line garnish my wages or freeze my accounts?

Your offer does not stop them from suing you unless they accept the offer. Online payday loans are odd in that they need to be checked to make sure...

Garnishment

Even though the statute of limitations has gone by, as long as the original lawsuit was filed before it expired, the 7 years does not really matter...

Does a Federal Judge have to sign a civil judgment or does the Clerk's entry suffice?

To proceed, you often need a verified copy of the judgment from the clerk's office. That usually requires an extra fee that the Clerk stamps as...

Do I inherit my wife's debt?

Most debts do not get transferred to you, however, medical bills are the exception: they can be collected from you in most states. It's not...

What will the payback period be for a student loan after a Chapter 13 bankruptcy?

The term can be all over the place and depends on what programs you qualify for. A private student loan would probably get routed to a servicer,...