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What else can I help you with?
Can a creditor garnish both the borrower and the co borrower?
Yes. Both are equally responsible for paying off the debt.
Do you need to include account numbers for both the collection agency and the original creditor on your bankruptcy form?
Include the original account number if you are including the original creditor. Include the account number for the collection agency if you do not have the orignal creditor information and are including them as "Care Of" for service.
Does the divorce decree protect against litigation in a repossession?
A divorce decree cannot alter the rights of the original creditor. The court can decided who gets the asset, but the both spouses remain liabile to the creditor.
How is the Silk Road similar to the Internet highway today?
you have danger in both places you can meet friends in both places you can trade things in both places
Should original creditor and the new creditor the account was sold to be included in bankruptcy?
Both and anyone else you can think about in the middle, because it removes any claims down the road for not providing proper notice.
If judgment is in husband name is spouse responsible?
No. Not unless the creditor can prove the debt was for items you both used.
What are the advantages to the creditor of debt mediation?
Mediations means you work out what you are going to pay them. So their advantage is that you are going to pay them less than you owe, but not file bankruptcy which would leave them with nearly nothing. The advantages to the creditor of debt mediation allows both the creditor and debtor to resolve the debt or judgment rapidly, which avoids undue delay and costs to both parties. It can be applied to our current foreclosure crisis.
Can the creditor and collection agency both contact you?
Yes. Unless there is a court order prohibiting contact, anyone can contact you.
Can a creditor take a car that is in two names if the lawsuit is only against one person?
Generally, if the car is jointly owned, a creditor may be able to go after the co-owner's interest in the vehicle. However, laws vary by jurisdiction and the specific circumstances of the case can also impact how the creditor can pursue the debt. It is advisable to consult with a legal professional for guidance on this matter.
How to Settle Debts for Less Than What You Owe?
If you have an account with a creditor that is seriously delinquent, the creditor may agree to a debt settlement to pay off the account in full. You may approach the creditor with an offer yourself, or you may work with a professional debt settlement agency. Both methods have advantages and disadvantages that are worth researching ahead of time. If your creditor accepts the settlement, you only have to pay the agreed-upon percentage of the debt.
What is similar between the earth and the moon?
there have been people on both places
How can you prove that a judgment has been discharged in a bankruptcy?
The answer depends on the context. If you properly listed the debt in your bankruptcy, then the bankruptcy cour will have a proof of service showing that the creditor was notified of both the bankruptcy and the discharge. You can get those documents from the court's file and show them to the creditor or the creditor's attorney. If the creditor insists on attempting to collect the debt, you should retain an attonrey to reopen the bankruptcy and file a lawsuit called an adversary proceeding for damages and sanctions against the creditor and/or the creditor's attorney. One point that many people do not realize is that while a judgment can be discharged in bankruptcy, judgment LIENS are NOT discharged unless you file the proper motion with the bankruptcy court.
