Can a creditor file adversary in my chapter 7 bankruptcy if I used my credit account over 30 days prior to filing bankruptcy? What are the stipulations? How can I determine if I’m safe from a creditor filing adversary against me?
I sent my creditor a certified letter of debt settlement that I would pay in a lump sum, my debt .30 to the dollar. and If they were willing to settle send me a letter signed in agreement! How long do they have respond? It has been a week. Should I keep sending them the letter..? am I on the right track.
I am only 19, and want to fix my mistakes I made with two credit cards I made last year! also how will it look on my credit if its paid?
The credit card account was closed and the collection agency offered me a debt settlement for 1500 dollars less. I took the option and paid off the account. They sent me a letter saying account was satisfied. However I lost that letter. Now I need it for employment purpose because they want to make sure I don’t owe money. Will the credit card company still be able to fax me a letter saying account was settled?
It’s not showing that I owe money. I had to mention to my employer if I "made negotiation with creditor". I answered yes and in details provided that I paid off the debt settlement. Now my employer just need proof of that payment.
What would happen if the creditor rejects the offer from debt Settlement Company regarding about my credit cards debt? Will I facing a law suit?
I had my hearing for chapter 7 my atty told me that up to something like 80% of my tax refund but atty won’t tell me if I’ll get it all back if no one files a claim or explain any further just says almost always a creditor files a claim.
My brother is going to file bankruptcy next week. On one of his credit report there is an account that is MINE. How did it get there, i dont even have him as authorized user. (FYI we have same address, same last name). Experts tell me me not to worry about doing anything because when the court calls the creditor, (citibank) they wouldn’t have a record of having a credit card with them. I just wanted to get some comments here. Good Day 
i don’t have the 00 to pay and it is a simple bankruptcy for one creditor just wondering if i can do it myself and just pay the state fee of 9?
could you go into detail as to why?
i read that you could buy the documents at "office depot"
We moved out on November 15. By Dec. 15, we still hadn’t heard anything so we contacted them. They sent us a letter saying that they would give us our deposit by Dec. 31. We waited and had not heard from them. We just got a letter saying they filed bankruptcy and listed us as their creditor? How do we get our money back?
My credit card account is in debt collection and be passed to a attorney to sue me. I have contacted the attorney – he started threatening me that he has my account only to sue me – and that any arrangement with go through the court. I had asked how to avoid that, then he suggests that I settle with him and then will not be sued and avoid judgment – He is willing to settle but I am not sure if this is trap. The reason is that in NH where the account is, if a creditor cashes a full payment check and explicitly retains his right to sue you by writing "under protest or without prejudice" with his endorsement, then he can come after you for the balance. But those exact words must be used. If he writes "without recourse," communicates with you separately, notifies you verbally or writes on the check that it is partial payment, it is not enough.
Please advise how I could make sure he is not going to trap me and come back for the unpaid part later.
i don’t have the 00 to pay and it is a simple bankruptcy for one creditor just wondering if i can do it myself and just pay the state fee of 9?
I file for bankruptcy and I have the meeting on the 17th. I DON’T have an attorney.And I forgot to add a creditor on the file.
Please, I need to know exactly what is the form I have to print out and fill out to bring to the court in Fort Lauderdale, Florida. I know I have to pay a fee of . But I still don’t know what form I have to fill out and where to get it. Thank you for your help.
I can not afford to pay this creditor so I was thinking of filing bankruptcy.
So if i buy a Corvette, and GM goes bust in a few months, and my car is financed by GMAC, does that mean I get the car for free?
If they go bankrupt, they went out of business, therefore have no business in having a creditor come after me, when they themselves are gone, and already have filed the paperwork saying they can’t afford to pay anyone back
I am at the point where bankruptcy might make sense despite my best efforts.
Can I file for bankruptcy, settle with any creditor at 10% of the debt owed and then unfile (with the remaining debts as is..)
In other words the only thing that force the creditors to negotiate is the fear that they will get close to nothing once the bankruptcy has been filed.
this is for a friend of mine.16 years ago she fell short on her car payments,which was like 4 months behind.It went from B of A Bank in Calif to
a creditor,from there she was able to pick up the pieces and a flat sum to settle
was offered and I helped on the pay off.She has her title,good credit,and just the other day she received a letter from a creditor called RJM Aquisitions
Funding LLC located in Syosset, Ny and yet they have another address to
Hauppauge,Ny.I looked up on a site for this place and there was god knows how many complaints were on there,and everything from their offer for a Mistic
credit card fraud,to fingerhaunt,to debts that were already settled years ago,to
god knows what else.It is stated in one complaint,"How can a pass creditor sell
an already settled debt that is 21 years ago"???If anyone out there has heard
of this company..please,please do not accept anything from them,I will be contacting the better buisness place in NY.
I know that my credit card accounts with a balance will have to be submitted and cancelled.
I was told that my credit card accounts with zero balances would also eventually be cancelled by the creditors once they find out about the bankruptcy?
Will it look better if I cancel my credit card w/ -0- balance on my own or will it matter?
Should I advise the creditor b4 I bankrupt and ask if they will leave my -0- balance card open or will they cancel it anyway?
I need to know if I should file bankruptcy. I have read online that IF you do not have ANY valuable assets, and limited pay, meaning NOTHING by law that a creditor can take from you that there is no need to file bankruptcy? Amount owed is all credit cards (about ,000 maybe a little more) and also a home morgage that I would be happy to include. Is it better to just let them charge off the cards or to file bankruptcy? I have NO valuable assets at all and also get a SMALL amount of help from the state. I will answer any questions… I need TRUE advice on this PLEASE!
i also forgot to mention… these debts are already about 1 to 1 1/2 years old… some are already charged off… and others still contact me. It has gotten out of hand. Some credit card debts that had a 0 limit are now at over 00. Thanks all for answers!
I’m doing it by myself, without an attorney. I have no home, no car and no child support. I want to file Chapter 7. I have one creditor that subpoenaed me to appear to show cause. That is 00. The rest of my bills end up amounting to (total) around 10000. I have no income.
What is a list of simple steps I need to take in order to file Chapter 7 in California without an attorney?
I was told debt settlement agencies know how much a creditor is willing to settle for and so they are better negotiators.
Should I just use my debt settlement agency since I don’t know how to negotiate with my credit card companies?
If I filed chapter 13 but it was dismissed after the first month because I change my mind of wanting to file. I was to none effect. It never helped me except for doing paper work. How can I dispute it to come off my credit before ten years? Please answer question seriously, thanks! because now all the creditor that back off are now hunting me down to pay, what can i do? Please answer with the best details as possible?
I have an heirloom piece of jewelry that I was going to pass to one of my nieces. It was a gift from my grandmother. I’m wondering if the court can force me to sell it since a creditor is suing me?
I paid some debts with no intention of filing bankruptcy. I was trying to settle on a car accident claim, but the other party decided to sue rather than settle. This pushed me into bankruptcy 2 months later. Now the Trustee in this case is claiming "Preferential Treatment" and requiring me to pay this amount to the estate because a debt was paid within 90 days of filing. Doesn’t the intent have any bearing in this case? There was no "Preferential Treatment" on my part, as I tried to resolve my debts without bankruptcy, but had no alternative after I was sued. I have records to prove that I retained an attorney to settle the accident prior to being sued and filing bankruptcy.
One payment in question was to my father who put a new engine in my car. I am not going to let the Trustee contact my father to get the money back. I wasn’t attempting to hide any money, just repaying the people and creditors that I owed. The Trustee has contacted other creditor to collect close to ,000 that I had paid prior to filing.
I was thinking about this the other day, I used to work in collections and couldnt figure it out. It takes what 7-10 years for bankruptcy to age of your credit, the normal statute of limitations is (in my state) 6 years for credit card debt and 10 years for car notes and such. Why would someone file bankruptcy when it costs so much when they can wait it out? Also if the debtor gets a judgement against them does the creditor always put a body attachment out like they do in small claims personal suits?
Thanks
I know that I need the names and addresses of my creditors. Do I need to know the exact amount that they claim I owe? Do I need to know the account numbers? Do I need to know the names and addresses of all of the collection agencies involved? If I can not obtian the names of the collection agencies, but the original creditor is included in the bankruptcy, does that wipe out the debt completely or do the collection agencies still have a right to persue? I can provide the names, addresses, and account numbers, but I do not know the exact amounts that I owe. I also do not have any information on the collection agencies. If I need this information, what is the best way to go about getting it? I considered writing letters, but I was advised not to alert my creditors of my intention to file as they might increase their efforts to collect. Please help
I am with credit solution for 3month now. these days, im getting phone call from collection agency, saying that my creditor dosen’t work with credit solution, and credit solution just want money and they are just telling me what I wanna hear. I called Credit Solution and the agent told me collection agent is just trying to scare me so i should not speak with them,, who should I trust? Did anyone settle debt by using Credit solution?