Archived
My car was repossessed after me and the lender came to a agreement after i start back work again i will catch backup with the
Karen's answer
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Answered on February 09, 2015
Sadly the answer is yes the company can repossess your car and sell it for the fair market value which could be way less than the debt. The...
Archived
Does a Memorandum of Judgment have to be filed in the debtor's county for the judgment to appear in his/her credit report?
Karen's answer
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Answered on February 09, 2015
No. The entry of the judgment is a public record. The filing of lawsuits and the judgment are reported as public records. This is one of the...
In Illinois, can filing bankruptcy delay a foreclosure sale of your home when a sale date has already been set?
Karen's answer
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Answered on November 04, 2014
Filing a bankruptcy case before the sale takes place will stop the sale. The case has to be filed before the sale. If the sale takes place it is...
Subject: earnest money
What: purchase contract, buyer default
There was mortgage contingency on the
Karen's answer
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Answered on November 01, 2014
It seems that you are asking a question as the seller, after you received advice from your attorney. If you need clarification from the lawyer...
Archived
My landlord committed perjury about building violations in small claims court I had refused to pay rent because of damages
Karen's answer
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Answered on November 01, 2014
Please contact a tenant's right group or a lawyer for help. The right to withhold rent is not automatic. You need to get accurate information...
Archived
How do I get my mortgage and car payments to show up on my FICO Report
Karen's answer
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Answered on November 01, 2014
The bankruptcy process and the credit reporting process are not connected. If you did not reaffirm the debts, you are no longer liable for the...
Archived
In 2011, owed HSBC $987.22 for credit card debt, in 2012 Portfolio Recovery Associates LLC. acquired all right and title and is
Karen's answer
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Answered on October 29, 2014
In Illinois you have an exemption for 4000.00 for any property. You can assert the exemption and your cash will be protected from the judgment...
Archived
Approximately how many hours on average will I need to spend with a lawyer to form my LLC?
Karen's answer
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Answered on October 29, 2014
I see you are in Illinois. Before you hire a lawyer, look for resources for a new business venture. There is help available like SCORE and small...
Archived
Garnishment after filling Bankruptcy
Karen's answer
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Answered on October 28, 2014
The creditor that placed the garnishments needs to be notified. The creditor needs to terminate the garnishment. The garnishment should be...
Archived
Can hosting company shut off services because of non-payment - with no contracts. We have been doing business w/ them for 15yrs.
Karen's answer
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Answered on October 27, 2014
Do not delay. If they cut you off it could be game over for your business. Contact an experienced intellectual property attorney with an...