“Dear Lewis, I have approx $18,000 in credit card debt. I was making regular payments on those cards and then, with much regret, signed up with a debt settlement company. I signed with this company 9/30/10 and since then I have been sued by one creditor and the second creditor is still looking for payment. …
“Dear Lewis, Have spoke with a local reliable debt relief service. They sent me papers on all my credit, debt/income ratio. Even though it’s grim, they did not say bankruptcy, but left it up to me. My credit score is 750, but my income does not outway the credit card debt, $24,000. Many medical bills …
“Dear Lewis, My husband and I bought our house in 2007. Refinanced in 2009, Now our house is not worth what I paid and we have a high mortgage payment. I inherited the rental property and bought out my other 3 siblings last year. I have a mortgage on my house that I can no …
“Dear Lewis, I filed bankruptcy (chapter 13) about 14 months ago and the payments were set very high (around 890 a month) and have had trouble ever since making payments. I have a mortgage that is about 7 or 8 years old and i had put my 4 acres of land up as collateral. I …
“Dear Lewis, I understand that a Chapter 7 Bankruptcy remains on a credit report for 10 years. Is this 10 years from date of Filing? Or 10 years from the actual Discharge? Thank you in advance, Dan” Dear Daniel, Yes, it can stay on your credit for up to 10 years. I honestly don’t know …
“Dear Lewis, I foreclosed on my Condo. Paid $255k, and it auctioned off for 87k. Sad. I then lost my job which paid 68k per year. I’ve used up all my savings, all my 401k monies, have 3 months left on unemployment before I will have NO income to speak of except Food Stamps @ …
“Dear Lewis, Filed Bankruptcy in 2009. First mortgage was discharged, the second got reaffirmed. My question is: Do I have to pay on the second mortgage? The first was discharged, but the second somehow got reaffirmed. Since the equity in the home was the collateral for the second loan, and I do not “technically” own …
“Hi Mr. Roberts, Thank you in advance for your help. Presently I have about $16,000.00 of credit card debt. All have gone to collections and the largest has acquired an attorney. I have recieved a notice of civil action from them. I have spoken to them and they are willing to take payments if I …
“Dear Lewis, I am currently enrolled in a debt settlement plan but i am unable to make the payments due to losing one third of my income in the last 10 months. I went with a law firm and they wanted 2875 up front took 3 months to pay that they just settled my ist …
“Dear Lewis, Made many not so smart mistakes which put me into serious credit card debt over the past 8 years or so. Followed by some dental work (multiple root canals) that had to be paid with credit card. Last year, had an emergency appendectomy that ended up in an medical insurance mess up. Ended …