The statute of limitations is 4 years from the date of last activity, which is the last date that you made a payment of any size on this debt. You...

What does acknowledgment of credit mean on form mc-012?

I believe you have inaccurately identified Line 4 as the Acknowledgment of Credit. Line 2 is the correct line, and it simply provides for the...

If they repossess after the discharge and there is no reaffirmation letter will the repossession do any damage to my credit?

Since you did not surrender the car in the BK, and they allowed you to keep the vehicle and make payments, I believe you will see a repossession of...

A church acquaintance failed to repay a loan in California.

i absolutely agree with my colleagues, but wish to take it a step further. He either did not receive good counsel from his attorney in his...

Do I automatically become responsible for my future husband's debts?

I'll be blunt. You probably need a marriage counselor more than a Bankruptcy attorney. Unless this man has seen the light, for real, you are in for...

I take a contrarian view of your offer. Of course, I disagreed with my mother about the day on which I was born, so I started out as a...

Can I file a civil suit against my ex husband, as he is over $53k in arrears? He owns a house, cars and works on a cash basis.

I think your question would be best answered by a Family Law attorney, as that is the type of question they will deal with on a regular basis. Debt...

Can I file bankruptcy on a student loan?

As you may have heard, it is not easy to discharge a student loan in Bankruptcy, except in some very limited situations, such as a hardship to you...

What happens if I do not pay the amount specified by a Re-affirmation Agreement?

If you signed a valid reaffirmation agreement, and the time to rescind it has passed, you must pay the agreed payments or you can be sued as if you...

Can University of California offset state tax refunds indefinitely?

If the UC system has turned over your collections to a collection agency, then, yes, they can continue to seize (offset) you tax refunds. You could...