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Home > Author Archives: Michael Bovee (page 3)

Author Archives: Michael Bovee

The Credit Card Company Levied My Bank Account and Took My Student Loan Money. – Lauren

“Dear Michael, I had a bad debit with a credit card company and it went to third party collections. A judgement was issued against me. I was on unemployment benefits at the time of the judgement, as well as going to school full time. I did not have the means to pay the debt. My bank account was garnished in ... Read More »

    I Have My Own Business But Have Debt at Work and Home I Can’t Handle Anymore. – Bill

    “Dear Michael, Two lines of debt, but both carried on personal line of credit. 1st is personal expense’s (unsecured about $60k), the other is business debt (self employeed unsecured, about $30k). Interest rates are high and dragging the pay off. The pass 48months, have paid $128,000.00 in CC payments, to knock down $27,000.00 on balance owed. Can not continue this. ... Read More »

      We Just Got Hit With a Judgment for a 12 Year Old Debt in Florida. – Bill

      “Dear Michael, Assignee of credit card issuer got judgment against my son in 1998 and recorded it in July 1998. Nothing happened for over ten years. In 2010 they filed a motion to garnish his pay, which was the first he knew of the judgment. I believe they were required to renew the judgment after five or seven years, which ... Read More »

        The Bank Converted the Business Line of Credit to a Loan and Want More From Us. – Lisa

        “Dear Michael, My husband and I lived comfortably and had a good run for the first 10 years of our 22 years of marriage. However, we helped others a little too much and then we ran into some issues when my husband lost his job and we were forced to open up his side business full time. During that time ... Read More »

          How Can I Lower My Capital One Credit Card Interest Rate? – Kelly

          “Dear Michael, I’m 49 and married. Credit card is with Capitol One and I’ve had it for at least 6 years. No late payments. I don’t remember what my interest rate used to be, I think around 18%, but they raised it a couple of years ago to 24%! A few months ago my limit was raised from $3000 to ... Read More »

            My Mother-In-Law Was Diagnosed With Cancer. We Are Broke From Medical Debts. – JS

            “Dear Michael, My mother inlaw was diagnosed with cancer 2 years ago. My husband is an only child. We have been helping my inlaws with cancer treatment money and household finances for over a year. We sold our house to help pay for treatments, I did not work for a year so that I could be home to make the ... Read More »

              My Mother is Being Sued by Chase. All She Gets is Social Security Income. – Helen

              “Dear Michael, My Mother was served a summons today by 2 Sheriff’s Deputies. I haven’t seen the document yet, but it sounds like she is being sued by Chase. She has 30 days to respond to Magistrate Court. The debt is for $10,000 she owes on a credit card. She had a serious health scare, a ruptured aortic aneurysm in ... Read More »

                Is Vortex Debt Group a Total Fraud? – Dan

                “Dear Michael, I recently entered into an agreement with Vortex Debt Group. I was in the process of signing and returning the “Authorization to Communicate with Creditors and Collection Agencies”. My wife thought the proposal to settle approx. $13,500.of unsecured debt for approx.$6,000.was simply too good to be true. I assured her that Vortex had answered all my very specific ... Read More »

                  I’m Trying to Help a Friend With a Warrant, Court Fines and Others Debts. – Alicia

                  “Dear Michael, My name is alicia and i am trying to find helo for a frined of mine. His name is Jesse, he is currentally in such deep debt that he just keeps going down hill. He has many court fines, he doesnt have a job, his car recentally broke down and he also has a warrent. Wicth he got ... Read More »

                    I’ve Already Been Sued by a Debt Buyer. Would It Make Sense to File Bankruptcy? – Joshua

                    “Dear Michael, When I was in college, I couldn’t find a job in the summer of 2008. I was unable to make any of the payments on my credit cards and my auto loan. I buried my head in the sand and ignored everything. The car got repossessed and the collection calls started with the credit cards and the repossession ... Read More »

                      My Debt Relief Company Did Nothing But Get Me Sued and Lower My Credit Score. – John

                      “Dear Michael, had 730 credit score 1 year ago now about 550 now being sued considering chapter 7 as only option 1. How do I know whether or not my settlement company fulfilled their contractual obligations to me or not? – They said they offered settlements to my cc companies that were refused. Based upon that can I compel them ... Read More »

                        Where Can I Get Funding to Let Me Settle My Defaulted Student Loans? – Ben

                        “Dear Michael, I have a student loan that is in default and they want to settle for a lump sum. Only i don’t have the money to do so. If I don’t come up with the money they are going to take me to court to try and collect. Is there anywhere to get money to pay my lump sum ... Read More »

                          I Am a Disabled Vet That Needs Help With Debt Forgiveness and Debt Settlement – Paul

                          “Dear Michael, I borrowed $6103 and defaulted on the loan. With interest and penalties the total came up over $20000. I have paid back $9500 with icome taxes and garnishments. They say i still owe them $14501. I wanted to settle and the said they would settle for a lump sum of $9000 or $120 a month for 9 months ... Read More »

                            I Never Got a Notice Before My Motorcycle Was Repossessed. – Ken

                            “Dear Michael, My motorcycle was repossessed and they never sent a notice of dispositon as required by Georgia law. I also requested an explanation of disposition within 14 days as required by law and never received it either. Spoke with Vice Pres. of finance company and he stated that even though the law states no deficiency, there is still a ... Read More »

                              Do You Recommend Debt Consolidation or Debt Settlement? – Sandy

                              “Dear Michael, Do u recommend debt consolidation or debt settlement ? Which is the best company in each category. I don’t care about my credit because I am trying to get a modification from my bank and they are dragging their feet and I haven’t paid since November 2010 Sandy” Hi Sandy, It is difficult to recommend a specific course ... Read More »

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