Two credit cards with chase were charged off in 2012. I received a 1099-C for the 2014 tax year. Can I no longer be sued?

The 1099-C is issued when a debt is forgiven" or when a debt is settled for an amount less than the full amount owed. That is usually an...

How old of a credit card debt can a collection agency go after?

The statute of limitations on contract claims (credit cards) or "common counts" (money owed) is generally four years. A delinquent account will...

Is this equity protection possible when it comes to bankruptcy?

I suspect that you have posted this question before (possibly a few times) with slightly different facts. The type of problem that you are...

My friend lives in and legally manages her mother's house. Mother is in assisted living with dementia. My friend ....

It's unlikely that your friend will be able to sell her mother's house to pay off HER OWN debt, but if the debt is from the mother's property...

Plan to file Bankruptcy, I know unsecured credit cards can be discharged from this but does the same apply for unsecured loans?

Yes, all your debts have to be listed in the bankruptcy schedules. "Unsecured personal loans" have to be listed, whether they are from a bank,...

Please note the correct responses posted by Mr. Daymude and Mr. Chen. Transferring title to a house with a large amount of equity, without any...

Need to filed ch 7 bankruptcy

When a person who is married files a chapter 7 bankruptcy, the filer's separate property and all of the couple's community property become part of...

Judgment Debtor Examination

First you must consult with an attorney to determine if you turned over all of the documents that were requested. The motion should indicate what...

Plaintiffs often served request for admissions in debt collection cases (especially when the defendant is not represented by an attorney). The...

I have been sued by a debt collector but there is a binding arbitration cluase in the original contract. What are my options?

The arbitration clause in credit card contracts exists to protect the bank/creditor from lawsuits. While it might be possible to force...