Archived
How can I find out which accounts have gone to collections and which have been charged off and no further action will be taken?
Gerald's answer
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Answered on March 09, 2016
For clarification "charged off" does not mean that no further action will be taken. It merely means that the original creditor has assigned the...
Archived
Filing Chapter 13 bankruptcy
Gerald's answer
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Answered on March 09, 2016
If you truly owned one half of the property your one-half of the equity would not be an asset of your ex-husband and, therefore, would not need to...
Archived
Has SOL expired on this and can this legally be put on my credit report now, after 6+ years?
Gerald's answer
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Answered on March 09, 2016
The SOL prevents creditors from collecting upon the debt, but they can still report negative remarks well beyond the SOL period. I suggest that...
Archived
Should I declare for bankruptcy? What else can I do?
Gerald's answer
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Answered on March 09, 2016
As Mr. Ruthven points out, student loans are not dischargeable in bankruptcy. Therefore, you need to determine whether your credit card debt is...
Archived
Can you use a small estate affidavit for a trust account with less than $150,000?
Gerald's answer
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Answered on March 09, 2016
If the account is in the trust then the trustee of the trust will be able to collect the account by providing a copy of the trust and a death...
Archived
If husband has living trust, his mother 100% finan. supports him/us, do I have rights to trust if he dies OR we separate/div.?
Gerald's answer
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Answered on March 09, 2016
There are many issues raised by your question. Absent a pre or postnuptial agreement any assets you and your husband acquired during marriage is...
Archived
In the petition it says decedent was survived by next of kin of the decedent. Does the sister count as next of kin?
Gerald's answer
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Answered on March 09, 2016
Mr. Armstrong is correct; you will need to list parents, if any, and siblings.
Archived
What can be done to help with a loan that was signed by someone other than the co-signer and they want their name removed?
Gerald's answer
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Answered on March 08, 2016
Unfortunately I don't believe there is much your sister can do. The lender believed that your nephew signed the loan documents so most likely it...
Archived
What do I do Now. I was planning on using it to live on.
Gerald's answer
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Answered on March 08, 2016
Unfortunately, the insurance proceeds are property of your bankruptcy estate and can be used to pay your creditors. Of course depends upon your...
Archived
FILING SUPPLEMENTAL INFORMATION?
Gerald's answer
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Answered on March 08, 2016
I agree with the other counsel who have responded. Prepare a pleading entitled "First Supplement to Amended Petition . . .", serve it on those...