Archived
Can a creditor sue an individual when the creditor has been accepting consistent, partial payments against a total amount due?
Leon's answer
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Answered on February 24, 2015
The hospital has a legal right to sue for a medical unless you can establish that you have been living up to a mutually agreed payment schedule...
Are capital gains from stock trading considered income when using the means test for chapter 7 Bankruptcy?
Leon's answer
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Answered on February 24, 2015
Capital gains is income, and it will count towards the means test.
If you haven't yet sold the stock, why not postpone the gain, (assuming your...
Archived
Collections - Bad check. Received in Miami Beach, Fl. Person is in Colorado and I am in Philadelphia. What state do I file?
Leon's answer
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Answered on February 19, 2015
I think it will be in the jurisdiction where the debt was incurred. What does your lawyer say?
Archived
Do i have to file a chapter 13 bankruptcy in the state that i live in ?
Leon's answer
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Answered on February 18, 2015
You may also file in the state where your principal assets are located.
Archived
Debt and Credit
Leon's answer
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Answered on February 18, 2015
You want to fix your credit and buy a home soon. Those are good goals.
But you might misunderstand something. Your credit is not bad because...
Archived
How do I get this forced lease / coerced car lease that was then a voluntary repo "debt" removed? Dismissed? More.....
Leon's answer
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Answered on February 17, 2015
I am terribly sorry to hear what happened to you.
But you can't fault the car dealer for the husband that you picked to marry. Regardless of...
I asked chase bank to send me proof of owner ship of my helco from washington mutual
Leon's answer
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Answered on February 17, 2015
Based on what you say, you have made 4 late payments. Payments are applied to the oldest unpaid installment. Thats why your credit is in a...
Archived
Do you know anything about loanme.com? I got a loan from them and it appears that they are charging me all kinds of extras.
Leon's answer
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Answered on February 17, 2015
I just checked their web site. Their site says LoanMe makes unsecured term loans with APRs that can range from 35.52% to 204.94%, depending on the...
Archived
Can a lender that issues a 1099-C on a student loan, subsequently try to collect on that loan? Or collect interest?
Leon's answer
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Answered on February 04, 2015
I believe they have no legal right to come after you for anything else, not even interest!
Archived
If you send in a check and write on it "for full settlement" can creditor cash the check and still demand more money?
Leon's answer
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Answered on January 30, 2015
Because of automated check processing, courts rarely give credence to your position about the "full payment" language.
The California...
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