Questions answered by Peter Walter Weston

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Can an unpaid liability insurance tail balance affect your credit?

Peter's answer | Answered on July 27, 2012

Being right does not mean that you will not be sued. Yes, the hospital has a contract to pick up the insurance tail, and it is supposed to pay,...

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(In Virginia) Are Federally-guaranteed student loans exempt in bankruptcy under 20 USC section 1095a(d)?

Peter's answer | Answered on July 27, 2012

The proceeds of loans are not considered income, whether received before or after a bankruptcy filing. They are not subject to garnishment.

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Could someone please explain watch "Laches" means

Peter's answer | Answered on July 27, 2012

If defendants are claiming latches, they raise a defense to the litigation, that the plaintiff failed to take proper action to perfect their claim....

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Can I be sued and licence suspended?

Peter's answer | Answered on July 27, 2012

I am not aware of any law that a payday loan creditor can cause a loss of a driver's license. You should not enter into loan agreements that you...

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I was a guarantor of a debt for a C corporation. The bank is reporting me personally past due during the bankruptcy stay ?

Peter's answer | Answered on July 27, 2012

With the facts you describe, being a guarantor of payment with one party in bankruptcy, is the practically the same as having your own contract...

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If you quit your job after filing chap 7, then your retirement account is refunded to you, do you lose it to the trustee?

Peter's answer | Answered on July 27, 2012

This appears to be your property. Qualified retirement accounts, such as IRA's and 401(k), are routinely exempted in a chapter 7, and are listed...

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Are you breaking a Federal Law in the State of Texas if you do NOT call a debt collector back?

Peter's answer | Answered on July 26, 2012

I am not aware of your breaking a law by not contacting a creditor. Usually there are laws to prevent collectors from calling and abusing...

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I have to appear in court due to loan which has not been paid, however details below: i have included more detail.

Peter's answer | Answered on July 26, 2012

If you were served with a summons to appear on the 30th, you should examine the summons more closely, because it likely states you have to make an...

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Need bankruptcy lawyer

Peter's answer | Answered on July 26, 2012

NACBA is the National Association of Consumer Bankruptcy Attorneys. There is also Martindale Hubbell law directory at www.martindale.com , and...

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How long after you file bankruptcy does the lender have to release my car after its been repossessed?

Peter's answer | Answered on July 26, 2012

There is no set period of time that is allowed for a lender to return a vehicle, provided they still have it. The court will know what time...

Peter Walter Weston's Answers (1723)

Can an unpaid liability insurance tail balance affect your credit?

(In Virginia) Are Federally-guaranteed student loans exempt in bankruptcy under 20 USC section 1095a(d)?

Could someone please explain watch "Laches" means

Can I be sued and licence suspended?

I was a guarantor of a debt for a C corporation. The bank is reporting me personally past due during the bankruptcy stay ?

If you quit your job after filing chap 7, then your retirement account is refunded to you, do you lose it to the trustee?

Are you breaking a Federal Law in the State of Texas if you do NOT call a debt collector back?

I have to appear in court due to loan which has not been paid, however details below: i have included more detail.

Need bankruptcy lawyer

How long after you file bankruptcy does the lender have to release my car after its been repossessed?