What are my best options. Private student loan is in collections and they mentioned taking me to court by the end of the month?

Taking into consideration your current financial difficulties and actual present inability to stay current on your student loan debt, I recommend a...

Ch 7 banko in 2000 a car was purchased in 2005 and then repo'd before 10 years does that save me from paying the debt ?

If you filed a Chapter 7 bankruptcy in 2000, then all debts properly listed in your bankruptcy schedules and incurred before filing, should be...

Can you be taxed on money used from a line of equity on your house that was short sold?

Yes. Forgiven debt is considered "taxable income," and you will have to pay taxes on the $100.000 which is considered as taxable income. Taking...

This issue is quite complex due the timing of when and how to respond to bank account levy's, and other actions such as freezing a debtor's account...

The best and most effective way to improve your credit rating is by taking a proactive approach to building positive credit reporting, not...

Can a chapter 13 payment plan be for 3 years with a 2nd mortgage lien strip ? Or does it have to be for 5 years?

Chapter 13 Plan length is determined by calculating your "disposable monthly income." If your income falls below the median income in California...