| Subject | Date Asked | Expert |
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| relly upside down with auto loan | 4/1/2009 | David |
Q: the truck is only worth 8 maby 9 thousand and i owe about 19 on it and need a 4x4 for where i am ...
A: Hey Chris, If that is the way you decide to go you should be aware of the consequences. Repo or Bk ...
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| Bankruptcy | 3/31/2009 | David |
Q: I have been divorced for over 3 years, and I just want to start over fresh, financially. If I file ...
A: Donald, Creditors will go after your ex on any joint accounts. This is the inherent risk on ...
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| Wanting to get a loan....but.... | 3/31/2009 | David |
Q: I just recently printed out a copy of my free credit report from two of the agencies. My wife and I ...
A: Paid collections will do nothing to raise your score. I advise that you do not update the credit ...
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| A Co-signer's Credit | 3/30/2009 | David |
Q: I know that in your profile you said you deal mostly with repairing credit, but maybe you can still ...
A: The only way to not hurt the co-signers credit is to remove their name off of it. That would ...
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| felony conviction | 3/29/2009 | David |
Q: my wife was convicted of writting bad checks and was sentenced to Arkansas State Department of ...
A: I am not an attorney, I help people quickly raise their credit scores. With that said, I have never ...
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| charge off and bankruptacy | 3/23/2009 | David |
Q: We filled for chapter 7 bankruptcy in 2008 and it was discharged also in 2008. I pulled my husbands ...
A: You need to be very careful on this one. You can send the credit reporting agencies copies of your ...
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| Bankruptcy | 3/19/2009 | David |
Q: four years ago I filed for a chapter7 bankruptcy. I included ALL creditors. Unfortunately, when I ...
A: I wish there was an easy answer for you. Short of filing law suits against all of them to ...
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| Bankruptcy | 3/19/2009 | David |
Q: four years ago I filed for a chapter7 bankruptcy. I included ALL creditors. Unfortunately, when I ...
A: Jared- I would ask if you have pulled your credit reports recently to see if the creditors are ...
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| ch 13 autos, mortgage | 3/18/2009 | David |
Q: I saw an attorney today about chapter 13 and will be paying him the filing fee tomorrow. He said it ...
A: Terry, If you were filing chapter 7 I would say yes, but you should call the attorney and ask since ...
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| Credit Card Iusse | 3/17/2009 | David |
Q: I hope you can give my wife and I some guidance. I applied for a credit card 4 years ago and ...
A: Reading this just really fires me up. It is horrible to have this happening and it is illegal. ...
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| Funancing-secured credit card promotional sales | 3/17/2009 | Ontrack Financial Group llc |
Q: 3 years ago I purchased a wave runner through the GE Funancing program. 7 Months ago my wife was ...
A: Dan, Thank you for your question. We're sorry, we don't have positive news to give you. At ...
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| paid off chapter 13 creditor still says i owe | 3/15/2009 | David |
Q: I filled chapter 13 and paid everything off.I had a car loan listed in the chapter 13.Chapter 13 was ...
A: Any amount that the original loan was compromised by can be reported as a charge off for 7 years. ...
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| repo rv | 3/15/2009 | David |
Q: I have a fifth wheel travel trailer that in this economy I can no longer afford to keep I want to ...
A: Michael, Repo in any fashion will hurt pretty bad. It will also lead to a collection, judgement ...
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| vehicle repo | 3/14/2009 | David |
Q: My exhusband and I bought a vehicle together. We then got divorced and my exhusband kept the ...
A: This is an interesting question. You'll probably want to take it to an attorney. My specialty as ...
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| Vol Repo | 3/14/2009 | David |
Q: I purchased a car 2 years ago and I was upside down at the time of purchase due to a trade in and ...
A: The only options involve selling it or trading it in @ a inflated value which is reflected on the ...
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| after bankruptcy | 3/14/2009 | David |
Q: we were discharged from our bankruptcy in oct. 2008. we have no credit cards or debt to speak of ...
A: I would recommend these steps to have the best odds and least trouble. 1. Register at ...
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| Bankruptcy | 3/13/2009 | David |
Q: My home building business went under leaving me with considerable debt that I was personally liable ...
A: Susan, The only possibility is that it may be removed through a proper dispute process. We have ...
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| hawaii repo | 3/10/2009 | David |
Q: I needed another important question that you helped me with. If I cannot sell my car outright here ...
A: You own the car and will until it is repo'd. You can take it anywhere you want too. You will not ...
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| Voluntary repo? | 3/9/2009 | David |
Q: My husband and I were in excellent financial condition several years ago, now, like many other ...
A: The repo will probably result in a 100 point drop in his credit. After that you'll have to deal ...
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| Credit Card Companies | 3/8/2009 | David |
Q: I wonder if you could offer a timeline as to 1. when you miss your first payment on a credit card , ...
A: 1. calls begin as soon as you are late. 2. Turned over to collections department/ sold to collection ...
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| creditors/bankruptcy/ | 3/8/2009 | David |
Q: I have been combing your site and thank you for your efforts. Our story is the same as many ...
A: Crystal, Most of these questions should be answered by your attorney. In my experience the ...
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| Possible repo in Hawaii | 3/8/2009 | David |
Q: I purchased a chrysler pt cruser in 2006 in Hawaii. I lost my job because of the recession. I don’t ...
A: leilani, Many lenders are affording debt repayment options now including auto lenders. One of my ...
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| creditors | 3/7/2009 | David |
Q: Is it legal for the credit union that I have my car loan with to send me to the creditors 30 days ...
A: They can report you 1 day after the due date if they want too. Most lenders offer a 15-30 day grace ...
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| debt forgiveness affect on credit score | 3/5/2009 | David |
Q: My wife has a dept store credit card with $2,800 balance. She asked about a payoff settlement. They ...
A: Yes it will be significant for about a year and it will gradually lessen. She'll probably drop 60 ...
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| Bankruptcy | 3/3/2009 | David |
Q: If I file bankruptcy after the Foreclosure process has been stared. Will the account be reported on ...
A: Your credit report will record all thew negative activity for 7-15 years depending on the item. ...
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| Bankruptcy | 3/2/2009 | David |
Q: If I file bankruptcy after the Foreclosure process has been stared. Will the account be reported on ...
A: Both. Don't overthink it. Once you get to the point of needing BK protection your credit is ...
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| voluntary return | 3/2/2009 | Michael Brotherton |
Q: I have a lease which I paid 577.00 for I just got laid off if I turn in the vehicle how would it ...
A: If you turn it in early without paying the early termonation fee it will be treated just like a ...
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| Being Sued By Credit Card | 3/1/2009 | Michael Brotherton |
Q: Help! I was just served by the Sherriff's Dept a notice that I am being sued civilly in court for ...
A: Sorry for the delay. I have been inundated with questions. Anyway, this is a civil mater not a ...
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| contracting with a company on the brink of bankruptcy | 2/28/2009 | Michael Brotherton |
Q: I've been contracting for the same company for about 5 years and they've never missed a payment. ...
A: At this point it is speculation that they are filing bankruptcy until you have evidence to support ...
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| Unsecured debt and levy/judgement | 2/26/2009 | Michael Brotherton |
Q: I am very glad I found this site. I have aWe currently live in PA but had owned property in FL ...
A: I'm afraid you were duped by Countrywide. First, you were talked into signing the note which I would ...
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| Chapter 7 Dismissal | 2/26/2009 | David |
Q: In December 2006 I filed a chapter7 and it was dismissed in January 2007. My credit has been ...
A: taking 2 steps will greatly increase your score. 1. Go to www.financialscoringsolutions.com and ...
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| How will voluntary repo after auto was discharged affect my credit? | 2/25/2009 | David |
Q: I filed bankruptcy in 2004, and my Dodge van was included. I have continued to make payments of $400 ...
A: Anita, It will lower your credit and continue to effect you for about 7 years. There are steps you ...
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| Voluntary surrender, divorce and bk | 2/24/2009 | David |
Q: I am currently going through a divorce and have a 2006 Tahoe that I can't afford. I want to ...
A: Kathleen, Your husband will have his credit effected and be held responsibly for the debt as long ...
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| bankruptcy | 2/23/2009 | David |
Q: i was thinking about filling for bankruptcy because i cannot pay my bills due to unemployment. but ...
A: je, I am not a BK attorney. The cost will vary greatly from attorney to attorney. It also makes a ...
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| Old hospital bills | 2/23/2009 | David |
Q: I have two unpaid hospital bills one is almost $18,000 and it's been in collections for about 7 ...
A: Before you negotiate a payoff research what the statute of limitations on collection in your state. ...
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| credit card debt | 2/21/2009 | David |
Q: first thanks for providing this service. I have a lot of credit card debt acquired during the start ...
A: Your welcome. Each card will be different. They are a lot easier to negotiate a payoff with than ...
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| unpaid bill still reported dispite discharged bankruptcy | 2/21/2009 | David |
Q: I filed bankruptcy in 2003 in the state of Washington and was discharged the same year. One of the ...
A: LaVeta, It is true that the account will appear showing the BK for 10 years. Your best bet is to ...
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| credit card debt | 2/20/2009 | David |
Q: first thanks for providing this service. I have a lot of credit card debt acquired during the start ...
A: Gary, I'll give you a brief overview of how CC collection generally works. You can download the ...
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| credit card advances and BK-7 | 2/11/2009 | David |
Q: I was victim of an 80% drop in income and job loss in the past 3 years. I've been using credit card ...
A: Chris, The trustee may hold you responsible for debt incurred within 90 days of filing. Just wait ...
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| Canadian with Debt in the U.S. | 2/10/2009 | Michael Brotherton |
Q: I have a large amount of credit card debt, all on cards issued in the U.S. during my employment on a ...
A: First, you cannot pay out what you dont have. And debt collectors cannot do anything to you short of ...
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