Q: Is it legal for a mortgage company to all of a sudden demand a deferment balance from 10 years ago now, or will they foreclose on the home I am one month behind on the monthly payment? A: That sounds a lot like a balloon mortgage (a mortgage in which a large portion of …
Question: Dear Steve, Getting served tomorrow at my work supposedly according to a message left on answering machine. Want to stop them from receiving a dime from me. Yes, I am bitter from past garnishments that I paid on for years not knowing that I could or had a chance to fight and win. Trying …
Question: Dear Steve, I am being sued over a $2600 debt with CC company. I am fully disabled. My income comes from two sources, SSDI and private disability insurance. I know that SSDI is not garnishable, however, it’s unclear whether my private disability insurance is garnishable. Wisconsin statues regarding this matter at best are extremely …
Question: Dear Steve, I’ve been living abroad for the past two years. I just received a summons notice from my forwarding address in the US. I don’t really know the exact date as to when it was delivered, but I think within the past two weeks. I don’t have any wages they could possibly garnish. …
Question: Dear Steve, In 2015, my ex-husband used a credit card after our divorce with my name on it. He charged several thousand dollars on my card, then never paid the credit card company or me. The debt went into collections and I paid-off the $7,000 balance. How do I get reimbursement from my ex-husband …
Question: Dear Steve, I’m being sued by National Collegiate Trust for $6345 and I don’t have a clue which loan this is in regards to or even the original guarantor for that matter. What are my options, rights in regards to this lawsuit? How can find out if this is legitimate? Answer: Dear Ann, I …
Question: Dear Steve, I had a pay day loan 3 years ago that is now in collections. They called me and wanted to settle it out of court. I wanted a validation of debt letter they said no that I know I did it and we will just go to court settle it in court. …
Question: Dear Steve, Being taken to court. Is it a good idea to ask for the evidence in a phone call or a letter? I was served papers from a law firm to appear in court, I don’t know when, and I notice the date where about 5 lawyers signed their name was scratch and …
“Dear Michael, I am being sued by a debit collector on my unpaid credit card balance. I disagree on the amount I owe because I believe the interest rate was 3.99% for the life of the loan. The interest charges, late fees, etc. comes to a lot more than I believe is right. I plan …
“Hello Michael, I would love to get some info on being sued in a state where you don’t live. I am close to the point where I stop paying my credit cards and wait out the 5-6 month to try to get a settlement. The total credit debt is 100K (some business cards some personal). …