What happens if i sold my collateral on a prommisary note that hasn't been paid for 3 years

If you are sued on the unpaid debt, you should review your options on my web site, below, which has several videos on the home page. Options...

Can creditors come after you for payment on acc. over 6 yrst are showing charged off on credit report. .

A debt that has derogatory information is not obsolete for credit reporting purposes, until at least seven or seven and a half years after default...

Refinance

Yes. When you refinance, the escrow company will contact the lienholder and for a payoff demand, then payoff the lienholder as part of the...

I am a co-signer with my sons ex girlfriend they broke up she is not paying the car loan I am. What can I do about it she lives

I would advise the finance company where the vehicle is and that they should go and repossess it. Please review my link, below, to my Legal Guide...

Can a company keep me in their systems if it is passed the statute of limitation????

The SOL means that they may not sue the debtor on the debt or threaten to sue. There is no law that a creditor must to lend to everyone or delete...

Can collection company report debt collection if the debt is in dispute?

A debt collection company may not report to a credit reporting agency any false information about a debt, including whether the debt is disputed by...

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I have defauIt judgment, went to debt collector office and gave them my offer orally, should I had done it in writting? 2 weeks

I think an oral offer is okay, but if they accept or you agree on another settlement amount, you must get that agreement in writing, because once...

If i owe for a deferred deposit transaction for 300

As stated by Mr. Lysle, a debt collector threatening action that they do not intend to complete violates the Fair Debt Collection Practices Act...

All disclosures were signed and appraisal completed, but broker never locked the rate. Do I have any recourse?

It would probably be hard to sue them, because brokers and banks have the consumer sign so many disclosures and documents warning that they have...

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Get a restraining order from the court which orders him to move out and contact the police about all violence to you or your family, which will not...

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