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I owe about 19,000. on a credit card it was turned over to a law firm and I don't have the money to pay them, what can they do?
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Answered on February 27, 2009
A creditor can sue you on the debt if you fail to pay. Once a judgement is entered, they can take action to collect. The actions they can take...
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I am being sued by a creditor for a loan of a deceased person, I sold the car to the deceased person what are my rights
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Answered on February 27, 2009
Probably. If you sold the car to your friend when you still owed money to the bank and your friend promised to make the payments, you will still...
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Is it worth getting a lawyer or just try to pay the debt that my ex went bankruptcy on?
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Answered on February 27, 2009
It sounds like you signed an agreement, with your ex-husband, to finance an automobile. He probably got the car in the divorce and promised to pay...
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How do i petition the bankruptcy court or trustee to release my home from chapter 13 so that i can sell it
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Answered on February 27, 2009
There are different procedures required in different bankruptcy jurisdictions. In Oregon we send notice to all creditors and, if there is no...
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Chapter 13 question.
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Answered on February 27, 2009
While bankruptcy code §1322 currently prohibits the modification of a loan that is secured only by the debtor's personal residence, legislation is...
Can a lender sell a loan that is in foreclosure to another lender and still proceed with the foreclosure?
Kent's answer
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Answered on February 27, 2009
Actually, the loan was probably not sold. Most home loans are owned by a securitized trust that sells shares to investors. What appears to you as...
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Debit
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Answered on September 30, 2008
Of course, it depends on whether or not you have met the terms of the contract. If you paid the balance when due under your “promotional”...
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Probate, process and responsibilities with taxes and beginning probate in WA state
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Answered on September 06, 2008
When you inherit property you are entitled to a "step up" in basis. Consequently, you will only be taxed on the increase in value between the date...
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Investing in real estate, flipping and capital gains tax, avoiding capital gains tax in state of MI
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Answered on September 06, 2008
The $250,000 exclusion for gain from the sale of a personal residence requires that the owner hold the property and live in it for at least two...
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Overpaid alimony/spousal support for the past 20 years and claimed tax deduction what is my tax liability
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Answered on September 05, 2008
First, the taxing authorities can only audit a tax return for three years unless the change is more than 25% in which case a six year rule would...