I am being sued for one of my debts for 4k, plus about 2 other debts in collections for about 1-3k each. I am willing to settle and close the accounts myself. I am also willing to pay in full just to avoid future allegations or risks. But I am wor...
Need is a very loaded term. Technically, no one NEEDS representation on this or any other matter, but most of the time, having an experienced lawyer representing you results in you paying a lot less to settle, even when including the fee going to pay the lawyer. After all, I have a lot more tools to use on the debt collector than you have and I have the experience and skill to hit where it hurts. Hope this perspective helps!See question
This is a court judgement for a damaged vehicle.
It might be less expensive to retain an attorney who charges by an hourly rate instead of on contingency. I would expect the hourly rate to begin at $250 and up for someone with experience in this area. The first question is whether the debt is actually collectible. Hope this perspective helps!See question
I may get a reposition of a car and wanted to know about filing bankruptcy
A better question would be whether you are eligible to file a Chapter 7. Not everyone that wants chapter 7 benefits is entitled to them. How much debt do you have? After paying just living expenses, how much do you have left over that could be allocated towards paying debts? Bankruptcy is not the solution to every bump in the road debt problem. Until a creditor sues you to try to collect a debt, you may have no actual motivation to file Chapter 7. Hope this perspective helps!See question
I just received a letter from a collections agency stated i owe $350.00 from a negative balance on PayPal. It says I have 30 days to dispute the validity, etc. I have checked multiple credit websites including CreditKarma, Credit.Com and even acce...
Looking at credit reports isn't a very effective way to determine whether a debt is valid. Information about a debt going to collection might take 3 months to appear. Do you owe PayPal? You ought to know! If you want to see the statements from PayPal, contact PayPal and ask them for a copy. Or you can send the collector a "debt violation" letter. While I recommend that most communication be done by mail, when there is a rush, phone & fax will have to do. Hope this perspective helps!See question
Does oklahoma have a wildcard exemption?
I previously provided you with a link to a general description of the bankruptcy exemptions available in your state. If a wildcard exemption was available, it would be listed on that link. Ths absence of an item on this list of exemptions strongly suggestest none exists, as the wildcard type of exemption is often the most valuable form of exemptuon sought. Some people can accept advice, while others have to learn the hard way. Your best option may be to stay out of bankruptcy and look at other solutions. But unless you spend time with an attorney that has tools and experience you lack, I expect that you will be facing a lot of negative repercussions. Hope this perspective helps!See question
My husband filed Chapter 7 bankruptcy in Aug of 2010 and it was discharged in Nov. of 2010 ok our home was included in the bankruptcy but the bank have not foreclosed on the property to this day and we was trying to purchase a home and his name is...
Because of the bankruptcy, CAIVRS should not have flagged the mortgage this federal loan, but mistakes can and do happen when you have federal financing. Unfortunately, resolving this issue may take more than a local real estate lawyer can accomplish unless you have boatloads of money to spend litigating with the federal government. If you do want to find a local attorney, use the "Find a Lawyer" search tool. But my solution to this problem is making friends with the staff of the powerful federal politicians representing your community and see if they can be motivated to assist you. Hope this perspective helps!See question
a collection agency is suing me for long ago credit card debt say they can garnish me or attach my checking they want me to respond in writing within thirty days I have no job on record I have a house and car financed can I filed bankrupt on this ...
So many questions in one post. If you properly respond to the lawsuit with the court by filing what is generally called an Answer, but is a formal legal pleading, the next step is called Discovery, in which both sides can trade evidence before a trial is set for the judge to decide. If you don't properly respond to the lawsuit in time, the court will likely enter a judgment. Certainly in most instances, you can discharge this kind of debt in bankruptcy, but there are exceptions, including those described in 11 USC sec 523. But discharging the debt will not remove a judgment from your credit report, and judgments can be more damaging to your credit than just the bankruptcy. So what are you waiting for? You need to begin by determining IF you are eligible to file bankruptcy and eliminate this and other debts. Hope this perspective helps!See question
can a debtor claim the federal exemption in bankruptcy in the state of Oklahoma or do you have an option?
Most states REQUIRE the use of the state exemption only and do not give the Debtor the right to select the federal exemptions instead. A quick review at the following link may be helpful - http://www.bcsalliance.com/debt1_oklahoma.html. It indicates that federal exemptions are not available in bankruptcy courts, although federal exemptions can be used to protect property if you are not in a bankruptcy. Examples of federal exemptions for someone not in bankruptcy would be things like protection of social security checks. No need to post your question multiple times, you will find it really annoys the Avvo volunteers who see this as being disrespectful. Hope this perspective helps!See question
I am in Tennessee I got hurt at work. And the doctor rated me at 8% partial permanent disability. And the are giving me X amount of money. Me and my are in a chapter 13 bankruptcy they take from her check every month. She gets paid once a month. ...
Too many unknown issues to be able to answer. Did the work injury take place before or after your chapter 13 was filed? Was the work injury an exempt asset claimed on Schedule C? Has your household income gone up or down since the injury? What were the goals of your Chapter 13? Are you paying off all your debts through your plan or a small portion of these debts? That's just me getting started? Have you discussed with your own lawyer? Hope this perspective helps!See question
After a creditor has charged off a debt, can they continue to add fees after it was changed off?
It is a common misconception that the phrase "charge off" means that the creditor has decided not to try to collect, that the debt is uncollectible, or that the creditor has written off or forgiven the debt. The phrase charge off is just an accounting term that refers to the fact the debt hasn't been paid in 180 days. The reality is that the contract terms still apply, and interest and other fees still are owed. this perspective helps!See question