Tag Archives: default judgment

Do I Have to Include My Wife in My Bankruptcy? – Joe

“Dear Lewis, Hi, I am in NC and had “perfect credit” until I borrowed 180K on credit cards and put it in a business that has failed. Now I am unemployed (0 income) and have no other assets (live in an apt and have 12K in scattered in 7 different bank accounts along with some [...]

I Am Being Sued By Several Banks for Unpaid Balances on Seven Credit Cards. – Rick

“Dear Steve, I am being sued by several banks due to large upaid balances on seven cards, about 25K per card. I had borrowed the money on low interest rates and invested it in a start up medical company that has gone from one dollar a share to ten cents a share and I lost [...]

How Can I Get the Car Repossession Lawyer to Accept My Settlement Offer? – Garlena

Garlena “Dear Steve, I cosigned for my son a car in 7/25/2001. We were in an accident, and the car was repossessed on October 3, 2006. The car was sold by private sale at Southern California Auto Auction. They said the vehicle sold for $1000.00, or 19% of the then book value of $5075.00. The [...]

Judgments Tossed Out Against Debtors in New York. Law Firms and Debt Collectors Sued.

New York Attorney General Andrew M. Cuomo today announced his office has sued 35 law firms and two debt collectors in New York State in order to throw out an estimated 100,000 default judgments improperly obtained against New York consumers. This is the latest action in Cuomo’s ongoing investigation into unlawful debt collection practices. According [...]