Before they can proceed with a lawsuit, they must validate the debt. Generally, this means identify the original creditor, the date the debt was...

I've been served a legal summons for a lawsuit filed by a debt collection agency. Need assistance in responding (denial).

Most collection lawsuits go to default, so the collection agency wins because the defendant does not file an answer. You should file a general...

Sued by plaintff

You must file an answer in 30 dys to avoid a default. A form answer can be filed very cheaply. If they know that they can't default you, you...

California. Are verbal personal guarantee of company debt enforceable if there is an admission?

This admission in the BK is a big help to your case. You made the loan, evidenced by check, to his company in detrimental reliance on his oral...

Property related to bankruptcy

As long as she keeps making the payments, the car loan will "ride through" the Ch 7 process. Good luck to her.

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Spouse ignoring credit card debt.

commumity Property is liable for a spouse's seperate property debt. If you have joint accounts, joint property or other community property, the...

Will taking a settlement for medical bills affect credit score.

Settle it. The sooner you are debt free, the sooner you can put the stress of debt behind you.

You are right. The firms using these tactics often do not have the consumers best interests at heart. Although there are several stolid...

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Do I have a capital gain and ordinary income on a deed in lieu of foreclosure for a RENTAL Property?

First: Income Taxes. Despite all the misunderstanding circulating on the web, income tax treatment is identical weather there is a foreclosure,...

Is it possible to settle private student loan debt? If so, what are the steps to take and time frames?

Student loan debt can be settled. It makes sense to have a debt settlement attorney who only gets paid when the debt is settled. Any settlement...

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