Debtor and Creditor Lawyers in the USA
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All Articles »Debtor and Creditor Lawyers USA - Recent Legal Articles
- Avoiding Foreclosure and Eviction without an Attorney in California
Foreclosure is a scary, cumbersome process that often renders homeowners desperate for help, and all too often they call upon unqualified, or unethical, self-proclaimed foreclosure defense attorneys or advocates.
- What Happens If My Property Is Wrongfully Seized and Sold at Auction?
In some instances, a party has the right to reclaim property and sell it off at auction. This can be the case in a number of legal actions, including home foreclosures, vehicle repossessions and storage locker auctions. Additionally, this party is often entitled to receive a deficiency judgment for any amount that the former property owner still owes after subtracting the proceeds and costs of the sale.
- What Are the Laws Surrounding the Process of Repossession?
When a borrower falls behind on payments of a secured good, the lender may be able to take steps to repossess this item. This process is commonly followed in contracts for automobiles, but it may be initiated in other cases.
- Five Steps to Take if a Victim of Identity Theft
Unfortunately when someone realizes that he or she is a victim of identity theft, this is usually become some negative result has already happened. A person may have been denied credit for which he or she believed would be a certainty. A letter may come in the mail regarding a debt of which the individual was never aware, or the Internal Revenue Service may send a notice of a large tax debt.
- How Do I Get Out of a Co-Signed Lease?
When a person cosigns on a loan, he or she is agreeing to be liable for the remaining balance if the original person on the lease fails to fulfill his or her obligations under the loan. If that person does not handle the lease in a responsible manner by making ongoing and timely payments, this can negatively impact the co-signer’s loan.
- What if I Ignore a Florida Credit Card Lawsuit?
After served with a Florida Credit Card lawsuit, depending on the balance alleged by the creditor or debt buyer, the Defendant has to either: File a written response to the lawsuit within 20 days (balance over $5,000), or Attend a small claims pretrial/mediation conference (balance under $5,000).
- How Can I Get a Judgment Released?
A Satisfaction of Judgment or Release and Satisfaction is a legal document that shows that the plaintiff has been paid all that he or she is owed, based upon the original judgment against the defendant. This legal document is important because it is not revocable; once it is signed and filed with the court, it cannot be changed. Judgment debtors are usually in a hurry to get this type of release so that the civil action stops adversely affecting their credit.
- Fighting Collection After Judgment
Losing a lawsuit stinks. Getting slapped with a court judgment will leave you filled with dread and wondering what you can do next. This is especially true if you lack the resources to immediately pay the judgment. So, what can you do after you have been hit with an adverse court ruling?
- Chapter 13 Bankruptcy
When individuals have accumulated so much debt that it overwhelms them and they are unable to repay all of their debt according to the original terms of the contract, they may seek bankruptcy relief. Chapter 13 bankruptcy may be one option for them.
- Fair Debt Collection Practices Act
A debtor's rights under the Fair Debt Collection Practices Act (15 U.S.C., Section 1692).