Archived
Can a debt collector call you without having any written documentation sent to you beforehand and already put it on your credit?
Stephen's answer
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Answered on August 16, 2011
You can also send a dispute letter to the three credit bureaus in an attempt to have it removed from your credit reports hoping that they can not...
Archived
I have defaulted on my student loans and have been unable to make any payments for a while. My cosigner died 2 years ago.
Stephen's answer
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Answered on August 16, 2011
It's much more likely that they will pursue you than the estate.
Archived
Who should I contact to settle a Credit card judgement?
Stephen's answer
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Answered on August 16, 2011
Your negotiations should also include a demand for a satisfaction of judgement being filed with the court and recorded at the county recorders office.
Archived
5 mth default on Promissory Note. Owed $7500 pd $2,000 1 month ago. ER fires EE if wages garnished. How do I recover debt?
Stephen's answer
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Answered on August 16, 2011
Don't file in small claims court for $2500, instead file in justice court requesting a judgement in the full amount owed.
Archived
What are the legal ramifications for a business that has been charging 100% for pre-orders but now cannot fill the orders.
Stephen's answer
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Answered on August 15, 2011
In the end if the entity can't pay then the assets of the entity are such to creditor claims. If the entity has no assets the question is can the...
Archived
I asked earlier if you could get arrested for payday loan in texas. Company was called Legacy . They said I could get arrested
Stephen's answer
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Answered on August 15, 2011
Yes, cancel the debit card.
Archived
Can my husband's mortgage debt affect my bank account even though my name is not on it but we file tax return together?
Stephen's answer
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Answered on August 15, 2011
If his name is on your bank account and after the creditor jumps through many hoops then the money in the account may be at risk.
Archived
Once a civil lien has been issued by the court what should a person do in the way of "taking care" of it. Who do you pay?
Stephen's answer
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Answered on August 15, 2011
Usually the lien was obtained by the creditors attorney. Start there. In exchange for payment your should request a lien satisfaction be filed with...
Archived
I filed bankruptcy in Aug 2011, now want to short sale or foreclose on property am I protected from paying taxes if I get a 1099
Stephen's answer
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Answered on August 15, 2011
If the debt on the home was included in the bankruptcy then the discharge applies to it. That makes a short sale seem like a waste of time. Debt...
Archived
Can a collection agency take out all funds from a co-signer's bank account?
Stephen's answer
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Answered on August 15, 2011
Co signer means co owner. Is owner of a single bank account "owns" all the money on the account so it seems like it is attachable. Move it.
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