Archived
Hello I owed my cc 15K, my wife owed 10K in her own cc. Payments already behind. Do i need to file a BK or Consolidation. Thanks
Matthew's answer
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Answered on July 17, 2013
Bankruptcy is almost always the least costly alternative. You should consider a joint bankruptcy. You are assuming that the credit hit is worse...
Archived
What to do to protect my self while being temporarily unable to make my credit card payments for about 3 months
Matthew's answer
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Answered on July 17, 2013
Nothing bad will happen to you in 3 months of not paying. You will get phone calls and past due notices. If you happen to bank at the same...
Archived
Have defaulted 2nd mortgage SBA loan Conserve is collection agency. How do I make them a offer to settle??
Matthew's answer
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Answered on July 17, 2013
Since settlement is a private process between the debtor and creditor, the creditor can ask for whatever it wants. It is your choice if you want to...
Archived
Can a California Chapter 7 Trustee sell my home without paying me my wildcard exemption of $13,000.00
Matthew's answer
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Answered on July 17, 2013
If the exemption is properly claimed, you are entitled to your exemption.
You have the right to file an objection to the trustees motion....
Archived
I live in RI. I filed for Chapter 7 bankruptcy before a judge in the last few weeks and I am second guessing my decision.
Matthew's answer
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Answered on July 17, 2013
No, you cannot just cancel a chapter 7 once it is filed. Unlike chapter 13 bankruptcy, you do not have the right, as a matter of law, to simply...
Archived
Questions about Method of Verification and FCRA 623 Dispute
Matthew's answer
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Answered on July 17, 2013
Doesn't matter. You have to do those steps before you can do anything else (e.g. sue).
As for how effective, it depends on the nature of your...
Archived
Party neither paid the rent nor filed the written answer at county court... whats the next procedure?
Matthew's answer
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Answered on July 17, 2013
Proceed to Default, and then Default judgment.
I can't speak to TX procedure, but normally Default is signed off by the court clerk and merely...
Archived
Can I file chapter 7 if I'm unemployed and keep my car?
Matthew's answer
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Answered on July 17, 2013
So long as you remain current on payments.
You might be asked by the lender to reaffirm the debt. If that happens, you will want to speak to an...
Archived
Hoa has served me with a summons seeking foreclosur lien. In my answer to the court can I ask for a dismissal if I want to sett
Matthew's answer
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Answered on July 17, 2013
Settlement is not negotiated or handled by the court. If you want to settle, you need to contact the attorney representing your creditor.
Archived
Chapter 7
Matthew's answer
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Answered on July 17, 2013
Yes, you list debts that show as charged off. Charge off is an accounting and tax entry for the creditor. Charge off does not mean you don't owe...
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