What does it mean when a debt collector places my account on hold?

You may have to ask them, to be sure of what this debt collector considers to be a hold. From the facts in your inquiry, the debt collector is...

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If I settle with a collection agency for pennies on the dollar, how much will I be taxed for in the end?

The write-off amount may be reported as phantom income to you, in a form 1099, and added to your gross income, to be taxed as any ordinary...

I have ch. 7 and I am walking away from home. Mortgage co. does not have "cash for keys" program." Can I leave BIG trash?

If you are moving, without personal liability on the house, and without a cash for keys obligation, you can abandon the personal items you...

I"m unemployed and cannot pay my credit cards what should I do

There are many more factors to consider, and your other debts certainly show that filing chapter may be an option for you, you should confer with...

This financial crisis can often cause a chapter 13 plan to fail, and you should work closely with your attorney and the chapter 13 trustee, to set...

Your inquiry describes a judgment against you, and that the litigation case in the court that granted the judgment, is completed and was...

Not sure if it's worth filing bankruptcy on my second loan that was sold to a collection agency?

Since bankruptcy is usually an option of last resort, it may be that collections attempts on the second lien are not yet serious enough to merit...

LACK OF EQUITY in Motion for Relief From an Automatic Stay in a Bankruptcy Case

Lack of equity is probably the most common theme to support creditors' motions, because the debtor cannot use the value of the property, to argue...

When a lawsuit is served upon you in Justice Court, each day after service counts, even weekends, and holidays, until you reach the first Monday...

What are my tenant rights if our landlord files for Chapter 11?

You will receive notices in a chapter 11, because you appear to be a creditor of sorts, since you are entitled to receive lease space for the rent...