I am seeing more people who receive some type of threat that they will be arrested if they don’t make an immediate payment on a debt. Often the person making this threat does not even identify who the debt is purportedly owed to. The threat of arrest can be an email, phone call or letter. …
It is very likely that you or someone you know has received a notification that personal information may have been accessed by someone who was not authorized to have the information. As we are required to give more organizations personal information like a social security number, credit card and/or birth date, it becomes increasing easy …
Unlike Chapter 7 Bankruptcy, which will remove your obligations on a co-signed loan leaving your co-signor completely responsible for the debt, in a Chapter 13 bankruptcy, you can protect the co-signor. This should be a consideration in choosing what type of bankruptcy to file. If you have loans or credit cards that someone has co-signed …
Protecting A Co-Signor On A Loan In A Chapter 13 Bankruptcy Read More »
I frequently meet with individuals who have co-signed a loan for a family member or friend to help that person establish credit. Many times it is a parent who has co-signed a loan or credit card for an adult child so the child can establish their credit. This happens a lot with student loans. Sometimes …
