Debts and Credit Legal Questions and Answers
How are a Fraudulent Conveyance and a Creditor Defined?
I have a tolling agreement that has been extended several times with an estate lawyer I intend to sue for legal malpractice...as soon as the trust accounting is complete. Since the tolling, she has moved all her money into a trust. Is this fraudulent conveyance? Does the announcement of tolling and also prior to that official demand letters for fee return prove I'm a creditor e...
12/03/2009 | Category: Debts and Credit | State: California | #19887Should I Answer a Summons or File Bankruptcy if I Am Judgment Proof?
I was served a summons for a medical bill I owe for $6,000.00 for skin cancer. I was unable to make payments on it like I agreed (verbal) because I got real sick, unable to work full time, I filed bankruptcy in 2006, I am trying to keep my house out of foreclosure. I have NO assets. I do not know how to reply to this form. One lawyer said let them get judgement because I have n...
11/16/2009 | Category: Debts and Credit | State: Colorado | #19647What can I do about my company's debt that can't be paid?
I HAVE A COMERCIAL LOAN UNDER MY NAME FOR 30K; THE COMPANY LOAN WAS TAKING 11% OF THE CREDIT CARD MONTHLY BUSINESS SALES, AROUND $3,300.00, FROM MY BUSINESS CHECKING ACCOUNT,SINCE I CLOSE THE BUSINESS ON MARCH 2009 AND THE CHECKING ACCOUNT TOO, THE COMPANY LOAN COULD NOT GET THE MONTHLY PAYMENT FROM ME, I HAVE NOT ANSWERED ANY OF THE LETTERS, PHONE CALLS AND ADVICES THAT THEY S...
09/17/2009 | Category: Debts and Credit | State: New Mexico | #18673California questioner asks about finances after husband abandons house and marriage.
My husband of 27 years just told me while on his yearly trip to England to see his family for the last 5 years that he is not coming back. We were arguing too much about finances and his health is not great. At that time I asked him if he wanted a divorce he said no. But that does not make sense if he does not plan to come back unless it is so he does not have to split our debt...
08/02/2009 | Category: Debts and Credit | State: California | #17902How Can I Prevent a Creditor From Attaching My Bank Account?
Ford Motor Credit had frozen my bank acct several years ago and took all the money they could from my bank. They had not received all the money they were seeking for a reposession of my vehicle. I recently received a letter from their attorney and they are requestion information about my bank account that has direct deposit only. They also are inquiring the names, age, and ot...
07/27/2009 | Category: Debts and Credit | State: Tennessee | #17826Can My Debt Be Turned Over to A collections Agency if I Didn't Default in Repayment?
I was employed by a trucking company that is going out of business. I had to go to their school for driving. The course was $2400. $200 a month would be deducted from that bill while I worked for the company. I went to school for 5 weeks and was hired to drive. This was in Sept. 2004. In Oct. 2004 I had an accident and was unable to drive any longer and was awarded a small ...
07/26/2009 | Category: Debts and Credit | State: Minnesota | #17800Can The Creditor Collect More Money After a Settlement?
I am a housewife for these past 22 years. If I owe a debt and responded in court that yes I owe the debt made payment arrangements (paid at the lawyers office) as agreed then why are they issuing a citaion to my bank as third party to reveal assets or income. Most importantly why tangle up my bank acct. to the tune of nearly $20,000. (They doubled the amount owed.)
07/24/2009 | Category: Debts and Credit | State: Illinois | #17790Are Payday Loans Illegal in New York?
I have 3 outstanding payday loans that I cannot pay due to severe medical issues that has me out of work. I was told that online payday loans are illegal. Is this true? If so, would this make the loan null and void. The total of the 3 payday loans is $1050.00.
07/11/2009 | Category: Debts and Credit | State: New York | #17485How to I Stop Garnishment in Florida From Debt of Ex Husband when he is remarried?
I am being garnished for a debt that my ex-husband created prior to our marriage. The company that is garnishing my wages for his medical bills has informed me the bills were started in 1999; we did not get married until 2001. The garnishment was served in his name and my name as his wife. I have been divorced going on 4 years and he is remarried. Our divorce states that he is...
07/06/2009 | Category: Debts and Credit | State: Washington | #17353How Do I Know if A Debt Reduction Service is Reputable?
I have signed a 'docu-sign' agreement with a company called Elite Financial Services Inc. in Saugus, Massachusetts to negotiate my credit card debts because I am unable to pay in a timely way without being penalized. At first I had a pretty good feeling about Garrett Hooper and the Elite Financial Services, but then I read a few blogs and complaints on the internet and am wond...
06/20/2009 | Category: Debts and Credit | State: Arizona | #17089