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Tag Archives: jail

My Sone Went to Jail and I Paid for His Lawyer on My Credit Cards. – Norman

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“Dear Steve, Hello, I owe a total of $10,000. ($5,000 to Visa $5,000 to MasterCard) I have had perfect credit for the past 15 years. I had to spend $10,000 on a lawyer for my son. (the plan was for him to be released and he would pay this off, he will be released on June 2013) Now I am ... Read More »

Payday Lenders Get Consumers Tossed in Jail in St. Louis

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Just when you though we were done with the foolishness of spending local government money to assist debt collectors, a loophole in Missouri allows creditors to have consumers tossed in jail. Now don’t get too worried, this is happening because people are missing court dates. But consumers are also being setup for this as well. The Bill of Rights in ... Read More »

Is It True That My Debt Gets Erased Because I Was in Prison? – Laurie

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“Dear Damon, I just spend the last 18 months in prison…I have a ton of debt now because there was no one to help me on the outside. I’ve been told that my debt is erased when incarcerated…is this true. If so how do I go about clearing my financial obligations….I don’t want or need any old problems creeping up ... Read More »

Insane Couponers: Savey-Savvy Perp!

photo © 2011 Randy Landicho | more info (via: Wylio) “Extreme couponers” are seen by many as selfish, greedy hoarders. Thanks to those showcased on the TLC disaster show, “Extreme Couponing”, I’d have to generally agree. Perhaps we should label this new breed of couponers, those that hoard or manipulate the system as: Insane Couponers. Insane Couponers are popping up ... Read More »

I Cosigned for a Car Loan and that Person Went to Jail. Now I Have to Pay it. – Noname

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Noname “Dear Steve, I am in a distressed situation and i dont know what to do about it. I recently lost my job and I have 2 car payments that along with insurance is taking about 600.00 a month and recently a family member that i signed for a car went to jail so now i have that car as ... Read More »

Maryland Lawyer Richard Brennan Jailed for Debt Settlement Services

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I was reading the MCRC Maryland Consumer Right Coalition “Debt Settlement in Maryland: Compounding problems, deepening debt” report. You can download your copy here. In the document the story of attorney Richard Brennan who got heavily involved in debt settlement is told. It’s one of the few cases where I’ve seen an attorney go to jail as a result of ... Read More »

My Parents Were Sued by Landlords Mortgage Company. – Jacob

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Jacob “Dear Steve, My parents were sued by a mortgage company that took over the house they lived at (almost a year ago). The landlord at the time went with my parents to court. She agreed to pay the settlement ($2400). We got her to sign an agreement with her saying that she would pay the amount. My parents signed ... Read More »

Will Banks in Dubai, Hunt Me Down in Canada? – Kent

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Kent “Hi Steve, I left Dubai without paying my credit card bills with 2 int’l. banks. I am now here in Canada on a permanent resident status. Can they trace me here? I am worried that it might adversely affects my application for Citizenship should I apply after 3 to 4 years. I am really stressed now. Thanks, Kent” Don’t ... Read More »

I Have Worked in UAE Dubai, a GCC Country, and left With Unpaid Debts. I Now Live in India. – Andrew

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Andrew “Dear Steve, I have worked in UAE -Dubai ( GCC Country) for 5 yrs and i have bank debts (Credit cards and personal loans and car loans) in that country and i came back to India without paying them back. Basically i am from India. What can i do other than this if i don’t have a job. Its ... Read More »

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