Private student loans are based on the promissory notes. Read the promissory notes you signed to determine the nature of your obligations. Its...

Can we get sued over a gift from 17yrs ago?

In California, the statute of limitations for a debt based on a verbal agreement (contract) is two years. (Code of Civil Procedure 339) Assuming...

Can a bank take money from my Supplemental Security Income?

SSI payments are "exempt" income, which means that creditors cannot get any portion of it. (Only the federal government can take a portion of a...

How much interest can a collection agency add and when does it start

Not all debts show up on credit reports. If you are getting calls or letters from a debt collector, request "validation" of the debt in writing. ...

Written Contracts in California have a statue of limitations of 4 years...how does tolling affect this?

"Tolling" means that the statutory period does not run. Essentially, that gives the lender more time to file a lawsuit to collect the debt. There...

In California, does the 4 year statute of limitations apply to debts from other countries?

If you were to be sued in California, you would most likely be sued by a debt buyer, and the lawsuit filed within four years of the default. (Code...

In a case of identity theft, the key is to put all communications in writing. First, complete an Identity Theft Affidavit that is available online...

Should I Try to Settle Lawsuit For Debt

If you were sued, you should file an answer to the complaint within 30 days of the date you were served (when the papers were delivered to you). ...

Can a civil suit be filed for a payday loan unpaid from Feb 4th 2010 in california .. They are stating NFS fraud .. on a check

The determination of what statute of limitations applies, and when it begins to run is a bit complicated, and so cannot be determined based on your...

How do I get auto loan transferred to ex-wife?

You are jointly responsible for the debt. The lender is not affected by the court's award of the car to your wife. Divorced people often pay...