Is collection agency allowed to sue me for a credit card debt after 8 years

Maybe. If creditor has a valid judgment, the SOL for collection is 10 years from date of judgment. Facts stated indicate a problem with service...

What happens if I do not pay off a lien from a "right of redemption" ending July 7th, 2015, from the HOA after a foreclosure?

If you do not pay off the lien before redemption period ends, the HOA will own the property. HOA "steps into your shoes" and takes subject to all...

No. Immediate transfer will not result in inheritance tax at death. However, I do not recommend immediate transfer for several reasons,...

Is there something I can do to prevent my sister to will our family home to anyone other than family?

Maybe. Facts cited raise questions regarding capacity and undue influence. If either can be proven the transfer can be set aside. Much more...

How is a revision made to a Petition for Final Distribution that has already been submitted?

Yes. You can and should file a supplement to the petition previously filed. This is necessary to clear any probate notes and get the supplemented...

Can I renounce my part in my parents' living trust?

Yes. You may renounce your bequest in parent's living trust.. Proper procedure is by executing a Qualified Disclaimer. Qualified Disclaimer...

I am a sole proprietor. If I file a personal Chapter 13 bankruptcy, do i need to list my business creditors too?

Probably. Depends on several factors including, not limited to: Alter Ego? Ownership of Business Assets? Personal Liability For Business...

Net proceeds from sale will be subject to normal income and capital gain tax rules. Not enough information to opine on tax consequences to you...

I recently filed a probate petition. I think I estimated the assets too low. How can I fix this problem?

You do not need to modify petition if you have already been appointed. If not appointed, you may file amended petition. Value the vehicle at full...

I need to use my Trustee-Executor power to modify my deceased parents home loan. Can a bank override my power to modify?

Yes. If you are successor trustee, you have authority granted by trust instrument to mange trust affairs. This likely includes financial affairs...