Archived
One of my credit cards went to collection/lawfirm. How do I pay it off? Checks? credit card? what papers should I get from firm
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Answered on June 12, 2012
First, if you have a lump sum of money, you may want to attempt to settle the debt. If this is not a viable option you can work out a payment plan...
Archived
425k failed business debt 2 partners both have homes tied up on the note if one claims bankruptcy does any of the debt come off
Parker's answer
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Answered on June 12, 2012
Depending on the kinds of assets you and your partner have, you and your partner may both want to file for bankruptcy so that you do not have to...
Archived
I consulted with a couple BK attorneys about 6 months ago about filing Chapter 7 to eliminate my mortgage(145k) and HELOC (20k)
Parker's answer
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Answered on June 12, 2012
Your pre-bankruptcy planning may have increased the risk of adversarial proceedings in a possible bankruptcy. You will want to consult with an...
Archived
Can I hire an attorney to help me make a deal with a credit card garnishment?
Parker's answer
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Answered on June 12, 2012
Unfortunately, once a creditor starts to garnish your wages, your bargaining power, which is the basis for negotiations, is reduced to almost...
Archived
Can I include an $11,000 c.c. debt in a bankruptcy if a lien was put on my house for it.
Parker's answer
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Answered on June 12, 2012
Under Section 522(f) of the bankruptcy code a bankruptcy petitioner may strip a judicial lien from an unsecured creditor that was attached to a...
Archived
Can my wages be garnished even if I've been makine the required payments?
Parker's answer
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Answered on June 12, 2012
Whenever you want to set up a payment plan in lieu of a garnishment always ask the creditor to provide you an agreement in writing. Although a...
Archived
I have just incured medical bills of over 100 K. I work for minimum wage and have no assets. What should I do?
Parker's answer
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Answered on June 07, 2012
If there is a chance that you might relapse, it would probably be best to wait a little. Once you file for bankruptcy, any debt that you incur...
Archived
Civil Summons received
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Answered on June 04, 2012
I agree with Mr. Goldstein. It sounds like you are working with a debt consolidation firm. A creditor does not have to settle with consolidation...
Archived
How can i stop a judgement that i did not do
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Answered on June 04, 2012
It will be very hard for you to set aside or vacate the judgment, but it is possible and will take a lot of research on your point, assuming that...
Archived
I charged airline tickets on my credit card, however I had to default the following month due to overwhelming credit card debt.
Parker's answer
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Answered on June 04, 2012
They do not reverse charges for defaulting on a credit card. Bankruptcy should never be a desirable or an ideal option. However, there is a...
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