Archived
After an unpaid credit debt has been on my record for. 7.5 years, how do I get it off my credit report to start rebuilding?
Gary's answer
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Answered on October 29, 2012
You have the right to dispute items on your credit report that are outdated. The first step is to get current reports from all three bureaus. Then...
Archived
What is the statute of limitations for collecting an unsecured debt, such as credit card debt?
Gary's answer
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Answered on October 28, 2012
It is 4 years for credit cards, from the date of default. But, they can still call you to try to get you to pay. It is illegal for them to sue, or...
Archived
Adverse possession laws in Texas... how to avoid a claim. See detail.
Gary's answer
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Answered on October 28, 2012
You need to consult an attorney. There is nothing you can do to change history, of course, but your next steps could be critical.
Archived
Commercial property forclosure if one officer of the corporation which owns property files bankruptcy ?
Gary's answer
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Answered on October 25, 2012
If the company owns the property, it would have to file bankruptcy. Normally that would stop the foreclosure and give you a new payment schedule,...
Archived
Do legal gaurdians have to get permission from the courts to sell an incompetant persons real estate?
Gary's answer
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Answered on October 25, 2012
A quit claim deed is a terrible idea. Yes, typically a legal guardian for an adult needs court permission to sell property.
Archived
My wife was attempted to be served with litigation papers from a company called ;
FULL SPECTRUM LITIGATION. can they do that
Gary's answer
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Answered on October 25, 2012
Normal contract debts can only be sued on for 4 years. Federal student loans, though, last forever. What is the nature of the debt? If it is...
Archived
Should I legally file a promissory note somewhere?
Gary's answer
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Answered on October 25, 2012
In order to get a mortgage, you need a promissory note, which does not have to be notarized or recorded, and a deed of trust and vendor's lien,...
Archived
Will lowering my credit line on my credit card hurt my credit score?
Gary's answer
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Answered on October 25, 2012
Yes, lowering your credit limit will hurt your credit score, if it means that you are using more, as a percentage, of your line of credit. Of...
Archived
Would it be a good idea to file a lawsuit against a big movie corporation for corrupt footage on the movie, itself?
Gary's answer
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Answered on October 24, 2012
I would say that your chances of succeeding in such a movie would be somewhere between 0 and 0.00. Dreamworks does not apply ratings, the MPAA...
Archived
Can I have a judgment dismissed in Texas because of statute of limitations? It was rendered 5 years after payment dispute.
Gary's answer
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Answered on October 24, 2012
If you were not properly served, you can get the judgment set aside under a "bill of review." But, if you were properly served, you had to show up...
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