Can a debt continue to accrue interest once it has been sent to collection agency
Yes, the interest can continue to accrue, and depending on the contract, extra fees can be tacked on just for it going to the debt collector. The...
Chicago, IL
Chapter 13 bankruptcy Lawyer at Chicago, IL
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Yes, the interest can continue to accrue, and depending on the contract, extra fees can be tacked on just for it going to the debt collector. The...
Debts change hands all the time with the debt buyer often paying something small to the original creditor for the right to work on collecting from...
I haven't done any research, but if the mortgage company is being paid less than it's full balance (the settlement amount) I think you will have a...
Sounds like you need an accounting and an explanation for the legal authority for this $350 fee. The lease may say you have to pay attorney's fees....
Be careful taking any advice unless the lawyer has been hired and is ready to start representing you or your mother. What the lawyer was probably...
There probably is a law on the book stating they can eventually get the sheriff's help to recover the collateral, but they would have to get a...
While you have to get a judgment to have a really good (perfected) lien, you can file a lis pendens once you start the lawsuit and have a case...
Your bankruptcy got rid of your debt to the bank and to the body shop. Unless the truck is worth a lot more than the bill to the body shop, I would...
Be careful. First of all, some debt collectors buy up old debt just to see what payments they can get out of people. They may have no legal right...
If it's old and uncollectible, you may be able to do a motion to dismiss instead of an answer. You will also want to request a copy of the original...