There appears to be two separate issues here: 1. Your father opened a Macy's credit account in your name. Unfortunately, there are no...

If you are concerned about making the $59K balloon payment at the end of the loan term - and I believe that is your question - I would suggest...

The statute of limitations (SoL) for debt collection is 4 or 5 years in most states. It is very possible the time has run on collection *unless*...

The absolute shortest answer is: Yes. Your unemployment compensation from the state and PUA can be offset (that is, garnished or seized) to pay...

Many furniture stores have a provision in the contract you sign with them (your credit application) that states they have the right to repossess...

Collection agencies often file lawsuits when calls and letters have failed to get the result they want (money from you). The collection agency...

The appropriate exemption for VHS tapes or DVDs is Iowa Code Section 627.6(5): "The debtor’s interest in all wearing apparel of the debtor and the...