Cash loan lenders

How many years do they have to still come after me? You should do some pay day loans on line checking online to find how long the creditor has to come after you in your state.

With everything I researched and all the advise I was given...... I was cash loan lenders told I was better off holding out in hopes they would send me one. I never responded to any letter I received from them. I would wait it out if you can and hopefully it will payoff for you as it did for me. Other downside to all of this is now I have to deal with this on my credit report for 6 to 8 yrs.

I guess that is better than having my wages garnished! Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Husband lost job and was out of work for two years.

We had great credit, continued to pay on all while he was out of work (was collecting unemployment) and even when unemployment ended continued to pay them until our savings was depleted. Lost track of which collection agencies had which cards. He just got back to work in January and of course we had to catch up with mortgage first, then we began to deal with the credit issues - settled on the three smaller ones, one of the larger went to an attorney and I made payment arrangements, but did not know where the Capital One was until now. Advice as to what should be online loans with bad credit written, and what to NOT say? Will this go to court if we file an answer or will they try to come up with a payment plan?

FYI, each state has its own laws and rules regarding lawsuits. Since short term installment loan 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.

Back in 2010 Chase won a default judgement against me on my credit cards.

Basically I got served and never bothered to show up for court, so they won.

Please be advised that the above account has been paid in full. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice.

Most of the information you find here is easily available on the cash loan lenders cash loan lenders internet. You should contact your attorney to obtain advice with respect to any particular issue or problem.

The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Did that. I was one of the people that had my HELOC credit limit reduced and frozen. I would contact them and tell them if I ever hear from them again I will contact the attorney generals office,they put it in writing that you paid it off now live with it Get free mortgage help today. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. My name is on nothing related to the house or the credit cards but I believe the cc companies can still come after me for non-payment if her accounts default. If we just stop paying everybody I feel that the cc companies can garnish both of our wages destroying our ability to possibly rent someplace else post foreclosure.

CC companies will send your account into collections after 180 days delinquent. A collections agency will pick it up and try to collect the debt. Then a lawyers off will pick it up, and try to settle. If no response from you, they will take you to court. You then have 30 days to respond to the filed motion. If you do not respond they will enter a default judgment against you. Once that judgment is placed then they can place a lien on your accounts, garnish your wages... You may want to call them and see if they have any forbearance policies, to help someone out. I was pursued over a 3k debt, my wife was pursued for a 6k debt. There are money hungry lawyers out there, looking to bury people. I had no idea it took so long for the process to take place. Either way we are still looking at the possibility of wage garnishment once a judgment is served. I suppose right before a judgment is served or the case went to court we file CH7. My name is on nothing related to the house or the credit cards but I believe the cc companies can still come after me for non-payment if her accounts default.

If we just stop paying everybody I feel that the cc companies can garnish both of our wages destroying our ability to possibly rent someplace else post foreclosure. If you cannot afford both, you should stop making payments on your CCs and continue to make payments on your mortgage. Otherwise you will eventually lose your home to FC. You cannot have your wages garnished without a creditor having a judgment. And to get a judgment the creditor must win in court to be awarded a judgment.

In case you ever get sued by anyone, always answer the complaint to preclude the plaintiff from taking a default judgment. My name is on nothing related to the house or the credit cards but I believe the cc companies can still come after me for non-payment if her accounts default.

If we just stop paying everybody I feel that the cc companies can garnish both of our wages destroying our ability to possibly rent someplace else post foreclosure. If the accounts are not in your name then they cannot come after you, only your wife... So if you stop paying on both and decide to rent later on just apply for rental using your credit. With the way things are right now it might take a long time for lenders to loan with bad credit online foreclose, during this time you can save enough money by not paying your mortgage and ccs to settle with CCs if it comes to judgment and garnishment.

Not all states allow garnishments on unsecured debt judgements. My name is on nothing related to the house or the credit cards but I believe the cc companies can still come after me for non-payment if her accounts default. If we just stop paying everybody I feel that the cc companies can garnish both of our wages destroying our ability to possibly rent someplace else post foreclosure. If I had to choose between 4 walls or CC I would not pay the CC. That is unsecured 90 day loans debt so they dont have leverage against you a person without adequate income.

Usually people will stop paying the CC and stockpile cash to offer settlements to the CC companies before they charge it off ( sell it to a third party collection agency). My name is on nothing related to the house or the credit cards but I believe the cc companies can still come after me for non-payment if her accounts default.

If we just stop paying everybody I feel that the cc companies can garnish both of our wages destroying our ability to possibly rent someplace else post foreclosure.

Even the mortgage, if you are not on that note in any way you personally have no interest in the house hence no responsibility to the mortgage.

Maybe the laws are way different how to borrow money up here in Mass, but I think not. You sound nervous and for good cause, so read the collections and garnishment laws for your state. Every state in the union has laws that cash loan lenders dove tail off of the federal laws. Even so the Federal law holds that, in a garnishment, the first 75 percent of the debtors disposable income cannot be garnished - period. Here in Mass, the State laws protects the first 80 percent of a persons income.

Then there are hardship clauses that the court can take into account.

Every state has amendments to that law which depending on what state that you live in it may simply refer to the Federal law or have a more protective law.

Moreover, to win a garnishment judgment the Creditor has to win a judgment first. At your first appearance the Judge will likely tell you and the creditor to try and work out a payment plan or settlement and then hold the case over for review latter.

If nothing can be worked out then the creditor would have to take you back to court and ask for a garnishment.

Do not ever send the creditor or Lawyer any financial information if they demand it if you and your wife start working on a settlement. All that the lawyers will do is run a simple test and see if you qualify for BK7 or BK13, plus cash loan lenders it will go on file and be used for other collection purposes. If you are out of the limits then they will be more forceful in their collections demands.

Please go and learn the BK laws so your wife can have that as a last resort. BK should only be a last resort but do learn the laws, you maybe surprised to signature loans in las vegas learn that your wife will be protected. If in the end your wife files a BK 7 or BK13 you can still easily get an apartment or another mortgage in your name. This BS about an OC, CA or collections lawyer attaching anything of yours is pure BS, joint ownership maybe.