We want to sell our other car and use profit to pay off credit card. Can we do that if we do bankruptcy in next 2 yrs?

There is nothing wrong with selling an asset prior to the filing of a bankruptcy so long as the sale is for fair value. Problems arise when people...

My wife's self-employment business.

I agree that a transfer of the home will not be effective to eliminate the lien. However, you may not have to pay back all of the debt owed to the...

I received foreclosure papers from reverse mortgage company. i need to answer in 30 days from May 5 2014. what do i do?

I agree with Mr. Sherman that you should seek a consultation from an insolvency lawyer, preferably someone with experience both in bankruptcy and...

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I got a letter of restraint warrant by the department of revenue, I then got a seprate letter saying im the garnishee? im confus

I agree with the first responder that you probably received a copy of the garnishment paperwork. The "garnishee" is the entity that owes you money...

Me and another couple bought a piece of property 35 years ago they are filing bankruptcy do i have to pay todays appraised

Are you on title to the property? If so then you clearly are a co-owner and as such the bankruptcy trustee does not automatically have the...

Can an employee of a law firm sign a Notice of Substitution of Trustee as the agent for beneficiary, of the foreclosing bank?

What you describe is rather common and not necessarily a case of robo-signing. A lender or loan servicing company could name the trustee law firm...

You should contact attorney Tom Cox in Portland, ME. He is an attorney who does a lot of foreclosure defense work. You could also seek help thru...

I have a promisory note for $50K that was secured by a mortgage that was release for refi can I put the mortgage back on?

If the couple will not consensually sign a new security instrument then you would have to seek court assistance to force them to sign. I would...

I've been subpoenaed for collections by 3rd party; I've paperwork showing I paid. Can't get a job...What recourse do I have?

You definitely need to act and do so now. If you do nothing then the agency suing you will win by default. It is much harder to reverse a default...

Can attorneys for the collection agency still add on fees and interest if i have already been served & responded to the court

Generally speaking, yes. If the contract between you and the original creditor, or a state statute, allows for the recovery of pre-judgment...