I ran into financial problems last year and accumulated
I ran into financial problems last year and accumulated nearly $30k in credit cards debt that was sent to collection agencies. Now, I have the money to pay all of it.What would be the best way to clear my credit? Is there a way, or I would have to wait 7 years for this negative information to disappear?
I'm am a licensed attorney seeking admission to the bar in a
I'm am a licensed attorney seeking admission to the bar in a different state that I plan to move to. The application to the bar includes a question: "have you ever defaulted on a student loan debt?" and if the answer is yes, the application requires a lot of information about said debt.I do have such a debt that I took out in 2005 and last made payment at some point in 2009. It does not appear on my credit report and has passed (or will pass very soon) the statute of limitations for collection. I know the debt was sold off years ago but I have no idea who owns it. I have also never been contacted by any collection agency or any other company regarding this debt since some time in 2009.I declared bankruptcy in 2009, but as far as I know this student loan debt was not discharged as part of that.How should I handle this situation? I don't know most of the information asked for by the bar application, and I don't want to resurrect this zombie debt tracking down the information.Please let me know if any additional information would be helpful in answering this.Thanks very much.
My wife was injured at work in California some of her
My wife was injured at work in California some of her medical bills from comp has gone to collection because comp is not paying them. now 1 of them show up on her credit report. Our credit is something we take seriously never been late once with bills. Her comp attorney has told all the collections agencies it's comp and not her responsabilty. Is it illigal for them to do this? How do I get that off her credit report. And any other advice. Plz
Currently I'm residing in USA, I have few amount of Debt in
Hi currently I'm residing in USA , I have few amount of Debt in my credit cards , not sure whether I can pay my entire bill before I leave the country . Will it cause any issue for me in my home country whether Credit card company can have the collection agency in my home country .
I recently got divorced and got stuck with all the credit
I recently got divorced and got stuck with all the credit card debt, over $55k. Now being on a single income I'm burning through my savings account just to make the minimum monthly payments. I've never been late on a payment and have always had good credit and I don't want to file for bankruptcy, cause I'd have to do chapter 13 cause I make to much money to file for chapter 7. I looked into the credit card debt relief companies, but really don't want to go delinquent on my credit cards while they try to settle with the creditors. So, my question is, I got a phone call from a company who says they can do credit card debt dismissal. Where they get all my credit card debt completely dismissed, I guess they file some paperwork for the collection agencies who purchase my debt from the creditors stating prove that I owe what I owe and I guess the creditors don't give all that info to the collection agencies, so it gets dismissed. They also state that they get the negative marks on my credit report removed after the debt is dismissed. I obviously have to go delinquent on my cards with this program as well and would have about a $600/month payment for 30 months, compared to $1400/month for my minimum monthly payments. Have you heard of this type of company and is it legit or can debt not get dismissed like that and this company is a scam? Thanks.Troy
Credit Card Debt vs PERSONAL LOAN (LENDING CLUB;PROSPER)
Credit Card Debt vs PERSONAL LOAN (LENDING CLUB;PROSPER) DEBTHello .,I lost my job and I am not able to make payments on my Debts,both Credit Crad Debts and Personal Loan Debts(Prosper and Lending Club).Question:How long after being first time PAST DUE,can credit cards sue me for the debt owed to them?Is it different for Personal Loans?Can they sue anytime OR they MUST,by Law,first try to collect,then selling debt to Collections Agencies?
I have a creditor, I am referring to schedule e/f in
I have a creditor, I am referring to schedule e/f in bankruptcy, if I have a creditor, a collection agency who is suing me. my original debt was for $10,000 and they have added fees and interest and they are suing me for $21,000 my question is should I add them only to part 3 of schedule e /f? Or should I add them to part 2 and part 3 (which is what I did). I have the original debt, which was sold, listed in part 2 already.
I was taken to court old debt from discover, and a
I was taken to court for an old debt from discover, and a judgement was given in favor of the debt collector. This judgement was given in somerset county New Jersey. I began to pay the debt until I learned that there was a previous judgement on the same discover debt in Bronx new york several years back. The collection agency stopped the collection procedures due to Res judication or something like that. I had paid about $1200 dollars before learning that they should not have Gotten the judgement due to previews judgement. Now a different law firm/collection agency is trying to collect the same discover debt. They sent me a letter at my mothers house in ellenville NY stating that although the debt has a statue of limitations on it I still must pay them, and I should call them to make payment arraignments. There was mention of the previous judgements or payments. What can I do to get them off of me with this recurring debt that seems to around to every debt collector in the area.