Question: Michael, My grandparents co-signed for me loans thru Sallie Mae. They want large amounts at a time and won’t let me make 150 dollar payments. They have been harassing me and most of my family, checked my grandparent’s bank account and since my loans defaulted recently, now they are threatening to sue. They are …
Question: Dear Michael, I have ~$110k in unpaid credit card debts with various creditors. It’s been ~250 days since I made my last payment. My goal is to settle these debts. I’ve been living and working abroad in a South American country for the past year, and expect to continue living abroad for the next …
Question: Dear Michael, I need help ASAP! I have $40k in student loan debt and am a single mom with no support. I am concerned about an agreement I signed for debt consolidation What can I actually do about the debt? – Only student loans I’m overwhelmed with so many financial issues and have no …
I was asked recently what I thought of the product Liberty Aid was promoting. So I turned to Michael Bovee for his opinion. Here is Michael had to say. Back when I first started out in the debt relief industry, there were books, and fringe websites circulating about how “federal reserve notes aren’t money”, or …
“Dear Michael, How can I find out which bank has the loan for my student loans? I know that FedLoan Servicing is actually servicing the loan but I would like to know how I can find out which bank/ government office has financed the loan so that I can write them a promissory note. Thank …
“Dear Michael, I sent debt validation demand to debt buyer, they answered that debt was verified therefore they can continue collections. I don’t believe they can show any evidence that they own any debt. They placed derogatory credit reports in all 3 CRA’s. Certainly they violate FDCPA but what can I do about it? If …
“Dear Michael, I called a collection agency last week to pay off an account I had with them. This week they took 9 of my Wife’s medical bills changed the status from “Personal” to “Joint” and reported this debt as mine. Is this legal 5 years later? Or is it even legal at all? Justin” …
“Dear Michael, I had a judgement a few years ago its on my county records as a lien The company Equitable Acent is no longer in business. Algate owns the company now. Since the name on the judgement and on my records at the courthouse is Equitable and not Algate can I have it removed. …
“Dear Michael, I am US citizen with high school diploma obtained from another country of birth in 1969. I enrolled in US College pursuing 4 year degree in 1993. The school did not follow admission procedures and did not test my knowledge of English or gave exams to determine my Ability To Benefit from the …
“Dear Michael, Midland Funding is trying to collect from me. I don’t know who these people are and never did business with them…but they say I owe them ,and placed a collection on all credit reporting agencies can I have them removed from my reports? they even sent me a letter saying the can collect …