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Can I do a rent to own on my property without having to claim it as income?
Matthew's answer
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Answered on April 18, 2013
Yes, most likely it would be counted as income, but you can off set it with the corresponding mortgage. However, setting that arrangement up may be...
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Renting (condo in SW Broward County, FL) and would like to have 1st right to purchase when foreclosure is finalized.
Matthew's answer
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Answered on April 18, 2013
You could try to bid and purchase the condo at the foreclosure auction.
I suppose you could approach the owner and see if they are willing to...
Are the chances high of me being sued by collection agency?
Matthew's answer
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Answered on April 18, 2013
Are you really asking for odds on whether you will be sued? We are not bookies :)
Could you be sued, yes. You didn't pay a bill, and the...
Archived
Can I sue the credit reporting agencies for causing psychological and medical distress?
Matthew's answer
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Answered on April 18, 2013
You cannot sue Credit Reporting Agencies until you have followed the dispute procedures. The FCRA (Fair Credit Reporting Act) preempts all other...
Archived
How to stop a Tax Offset for a Defaulted Federal Student Loan based on financial hardship?
Matthew's answer
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Answered on April 18, 2013
When you received the notice for the tax offset, you follow the directions and request a hearing.
Archived
Which is worst, deed in lieu or chapter 7
Matthew's answer
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Answered on April 18, 2013
The bankruptcy is actually irrelevant to the issue. If your question is, which option will allow me to buy a house quicker, the BK doesn't matter....
Archived
I filed bankruptcy in Aug, 2005 (Ch. 7), but I have been advised that I might want to consider it again. Is it "too soon?"
Matthew's answer
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Answered on April 18, 2013
The cooling off periods between chapter 7 bankruptcies is 8 years. The time runs from filing date to filing date.
Archived
Can my husbands wages be garnished for my hospital bills
Matthew's answer
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Answered on April 18, 2013
Generally, Yes.
Medical bills, in particular, have a special status in most states. Married couples are jointly liable for medical bills even...
Archived
Do I need to submit all the schedules before my chapter 13 mtg?
Matthew's answer
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Answered on April 18, 2013
As you probably know, all schedules and other forms must be filed within 14 days from the date of filing the skeletal or emergency petition.
If...
Archived
What would be acceptable proof of valid debt once I sent out debt validation letter to collection agency?
Matthew's answer
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Answered on April 18, 2013
As stated, the law does not specify exactly how a collection agency is to respond to a validation request except that it must be responsive to the...
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