Posts Tagged ‘assets’
in new york state if I was to die and carried unsecured credit card debt would my wife be responsible to pay?
my father has about 40,000 in unsecured credit card debt, the cards are in his name only with no co-signer. he has terminal stomach cancer and is now going to hospice care, he is very worried about this debt. in new york state when he passes away is my mother going to be responsible to pay these cards off? she is on a fixed income with not much [...]
Over the last 9 years I have managed to rack up substantial unsecured credit card debt. I do not have any?
assets, other than the 00 of equity of my house. If I just stop paying my credit cards, and wait out the statue of limitations, will the debt go away, regarding the credit cards? I can live with out the "just pay it" and "get a life" remarks. Please only helpful answers. I don't need to know if you think I'm terrible [...]
Can I sue partner for misappropriation?
I am a web developer and full time student that traded one of my assets (a profitable website) for a 30% stake in a small business that sells a proprietary product in the United States. The situation is quite simple that I'm facing. My partner, who owns the lionshare (70%) of the company, decided we should sell the website since we had a good [...]
Unable to file bankrupcty, still need legal advice?
I need legal advice on how to handle a debt problem. I owe ,000 to 3 USA credit cards each, so a total of ,000. I am broke, but according to all the lawyers that I have consulted (all of them belong to the California American Board of Certification, the national certification board for bankruptcy, or the ones rated on the Best bureau Business,) [...]
Owe creditors and attorney money?
I went through a divorce 3 years ago, I was a stay at home mom. My ex husband was not willing to pay off our credit cards and now I have judgements under my name. He also had two attorneys, so I had to hire one. I still owe him ,000. I can't pay any of this. I have not been working for over a year and am having a hard time to find a job. I [...]
Considering Filing for Bankruptcy in Virginia?
I have recently lost my job after being in the telecommunications industry for ten years. I have had no luck finding a new 9-5 job with a regular salary. I have been forced to take a job full time at a restaurant. I have over ,000 in credit card debt most with APR's in the high 20's. I have done my best over the last 6 months to keep up with my [...]
What are the consumer rights of defaulting on an unsecured credit card?
crdit card company sued me in civil court. The Lawyer wants me to pay a min. payment 0.00/month. I'm disabled & can't work. I told them how much I could afford to pay /month. There was nothing stated as to the amt per month or how long I have to pay it, listed on the papers I got from the court. They said they want to know all my assets so [...]
Over the last 9 years I have managed to rack up substantial unsecured credit card debt. I do not have any?
assets, other than the 00 of equity of my house. If I just stop paying my credit cards, and wait out the statue of limitations, will the debt go away, regarding the credit cards? I live in the State of Ohio. I can live with out the "just pay it" and "get a life" remarks. Please only helpful answers. I don't need to know [...]
Can You Start a Commercial Real Estate Business with Nothing?
Lets assume I want to get into the business of buying and leasing commercial real estate. Can I just start an LLC or Incorporation, identify a property (ie: Office Complex for 0,000), then go to the Bank and say, My XYZ Corporation needs a loan to purchase a 0,000 complex that will be leased out for ,000/yr. Would the Bank Grant the Loan, [...]
What are the risks associated to an UNsecured small business loan?
I am working on starting a small business soon. I am financing a big chunk myself but need a small business loan for more than half of the start-up cost. I have been told by different professionals out there that with my age, credit score, and years of established credit I would easily qualify for an unsecured business loan, meaning that I don't [...]
If you are filing for bankruptcy will they take away your assets for unsecured credit cards?
when you file for bankruptcy will they take your assets in payment for your unsecured credit cards?
if you dont pay unsecured credit card debt can they take your assets?
If you do not pay on your unsecured credit cards can they take away any of your assets?
Is the bailout partially responsible for destroying my industry?
According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run and improve the cash flow of the foreclosed businesses, shopping centers, apartments, [...]
