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I am 26. $60k student loans $30k in credit card and miscellaneous debt. Unemplyed. Exhausted all resources. Best options?
Matthew's answer
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Answered on August 08, 2014
Put the credit issue out of your mind. Your credit is already trashed because of the student loans and credit card debt. A bankruptcy would...
Archived
If a debt is current and paid on time, can a garnishment be executed to ensure future payments?
Matthew's answer
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Answered on August 08, 2014
If both sides are in agreement on the payment plan, and the debtor is abiding by the terms, there is no default. There is no claim for a creditor...
Archived
Student Loan Disability FORM person physician completefor to Dept of Ed: 6 yrs later collection agency now what?
Matthew's answer
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Answered on August 08, 2014
What is your question?
This isn't a political debate forum.
Archived
Can I discharge defaulted private student loans in bankruptcy?
Matthew's answer
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Answered on August 08, 2014
You may only discharge private student loans in bankruptcy if you file an adversary proceeding (a lawsuit) and prove to the court that it is...
Archived
Wages garnished for student loans questions are about the process of the garnishment itself
Matthew's answer
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Answered on August 07, 2014
Here is the statute and a link to the statute. http://www.law.cornell.edu/uscode/text/20/1095a
20 USC 1095a.
As to (3). Yes, disposable pay...
Archived
I have a client I am doing a refinance for. He has 2 lot loans in NC that were foreclosed on and show as a charge off with an
Matthew's answer
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Answered on August 07, 2014
Possibly. A simple Google search on whether NC allows foreclosure deficiency revealed that NC does allow deficiency balances. Unfortunately, that...
Archived
The company I owned filed chapter 7. We had a loan for 800 k and paid off all but 225K. Due to a personal guarantee, the bank
Matthew's answer
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Answered on August 07, 2014
As Dorothy points out, each state has a statute of limitations. But the statute of limitations is not as simple as it sounds. But, the bare answer...
Archived
I just looked up my credit report and see a $1700 collections account for a hospital bill that I never received. Best recourse?
Matthew's answer
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Answered on August 07, 2014
Your timeline is a little unclear. Where did they send the first two bills sent?
On the surface, there doesn't appear to be any fault, The...
Archived
How can I get a debtor address so that I can file the Garnishment paperwork?
Matthew's answer
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Answered on August 07, 2014
You could subpoena the debtor for post judgment interrogatories. (Google it).
Or, you do what the big boys do, you pay for skip tracing and...
Archived
I have recently been garnished for a hospital bill from 2003. (11 years ago) I was not notified of court date for garnishment
Matthew's answer
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Answered on August 07, 2014
I wish your question was less common than it was. Hence, see my AVVO Legal Guide linked below on the first steps to begin trying to resolve the...
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