 Can a mortgagee"buy" their own loan from a bankrupt lender for less than is owed ? |
| Our mortgage lender has filed for bankruptcy protection. We assume that our mortgage in the bankruptcy proceeding will be sold to another lender at a greatly reduced price. Example: We owe $200,000 ... |
|
 Help!!!! my perfect credit is at risk? |
| I have a $2500 collecton acount that's schedule to hit Equifax bureau at the end of this month. i recently check my credit score and it's currently 729 with Equifax. I can't afford ... |
|
 Do you think I would qualify for a $100,000 home loan with a 685 FICO score? |
Additional Details
My credit score is 700 I dont have bad credit! I have a couple things paid off that are in the thousands, like my wedding ring. I only have 2 credit cards with ... |
|
 If I have a downpayment of 25000 and a credit score of 580 can I get a home loan? |
| Can I get a loan on a 100000 dollar house with a downpayment of 25%, a credit score of 580 and an annual income of 23000?... |
|
 Can a credit card company have a debt collector take you to court? |
| I have a outstanding CC and I got a thing in the mail from Maryland and some law firm that says its an arbitration that says I have 30 days to respond or they will go to court without me. That they ... |
|
 Should I consolidate my debt? |
| I own a small business. I am $75K in debt across 8 credit accounts. My credit score is 698 and my credit history has no faults (I do not have a history of late payments, etc.) This money though, is ... |
|
 Have I done the right thing? |
| So I called GC services and the same guy I talked to and I had a more pleasant conversation. I agreed to pay $25 to promise that I would then pay $500. I got another loan, so I can pay it. He agreed ... |
|
 Failed to get approval for credit card application!!WHY so difficult?? |
| I'm new in united states and have applied for credit card for 2 times few months ago and were rejected by banks. Is that because of no creditable record in united states so that i don't ... |
|
 Can a collection agency garnish wages on a credit card debt less than $3000? |
| Since most consumers have an average credit card debt less than $3000 (for ONE credit card each), would a collection agency actually go through all this effort to garnish a debtor's paycheck ... |
|
 My credit score is a 686 can i finance a car? |
| ok so heres the deal im 18 with virtually no credit..i have a macys card which i have had for over 3 months...i pay it in full every month and now im getting a capitol one in the mail sometime this ... |
|
 How can an A/C PAYEE check be Encashed? |
Additional Details
I dont have an account or wish not to also...... |
|
 How long does it take to receive a second credit card if you lost the first one? |
| I reported my card stolen yesterday (aug. 30th). They said they were going to send out another card. How long does it take to receive aa second card if you lost it. Im currently with Visa. And I live ... |
|
 Im 19 and dont have credit yet and cant get aynone to cosign or dont have any money saved up and i need a loan |
for a vehicle ive tried banks and they dont wanna help. any advice?
Additional Details
for a vehicle, the truck i have now is falling apart and i have to drive an hour to get to my ... |
|
 Copy credit card (front and back)? |
when I try to buy online he asked for fax a copy of my credit card (front and back) is this legal??? and he say If you cannot do this, then I will have to cancel your order.
T... |
|
 IS it possible to buy a house? |
TO BUY A HOUSE WITH BAD CREDIT? I WANT TO BUY A HOUSE IM SOOO TIRED OF RENT ING BUT I HAVE BAD CREDIT. IS THERE ANY COMPANY THAT WILL HELP ME?
dont get me wrong im not a bad person i have a job ... |
|
 Does disputing an unauthorized charge in your credit card affect your credit score? |
I heard from someone that disputing a credit card charge affect one's credit score score. Is this true?
Can you provide a website where I can get more information about this?... |
|
 ****I just received my first credit card....now what? Two ?'s.****? |
How long do i wait until enough credit is established so i can lease a new or used car???? I havent used my card....i will this weekend.
Any tips? Links? Your experiences very helpful too.... |
|
 Credit Card Trouble? |
| Hi, about 6 months ago I applied for my first credit card and got approved. I made payments on time and never went over the limit. After about 3 months they increased my credit limit. But all of a ... |
|
|  |
kisskinkz | If i file for bankruptcy, do i have to show up in court? |
And what are my other option so i don't appear in front of any judge or authority figure?
And another question is my crediters seud me to appear in court in september. what will happen if i don't show up? |
 |
 
Studly
 |
For the bankruptcy, you must appear in court for the "creditors meeting". This is where you, your attorney, the trustee, and any creditor will meet and go over your case.
Very rarely do creditors show up. They know it's a waste of their time, unless they can prove fraud or something missfiled with the case.
This meeting is pretty much straight forward. You are telling the trustee under oath that everything filed in the bankruptcy papers is correct, regarding your income and expenses. In the ones I've attended, they have never asked for reasons you went into debt, and never wanted proof you won't do it again....and never judge you. It's strictly an informational meeting, and quite painless. If there is an error in the paperwork, the trustee will simply tell the attorney to fix it and file appropriate paperwork.
The only other court appearance would be the discharge, and your attorney will handle that. In many cases you don't even need to attend.
Now reguarding your court case in September, you must appear. If you don't, the creditor will be awarded with a default judgement, meaning they automatically win the case and can begin to come after you for the money.
They will garnish your wages, place liens on your bank accounts, take your state income tax refund, or place liens on your property. |
|
Cheryl K
|
You have to show up in court and it's relatively painless. If you paid an attorney they should show up with you. I believe if you don't show up you can lose a case by default. Though I am not a lawyer. They probably can also have you summons and then you would have to go. Good luck! |
|
John H
|
Yes you will have to make a court apperance even with a lawyer. |
|
Mike S
|
Yes, you're required. Also, if you don't show up you automatically lose the case and you will be held in contempt. A warrant will be issued for your arrest. |
|
bubbabud416
|
Show up for all of it. It isn't fun. but just do it, and get it over with. You will feel much better. |
|
sissy
 |
about a month after you file you have to go to a meeting of creditors.its called a 341.from all i read its not a big deal.check out this site.its bankruptcyforum.com.its a great site and you will learn alot.good luck! |
|
dccuttie75
|
Yes I'm thinking about doing it to.The attornry told me I will have to show up because they are going to swear you in.They want to ask you why did you allow your credit to get this way and if they esponge the stuff of your credit how do they know you won't do it again stuff like that,so yes you will haf to be present,sucks huh.? |
|
nola232
|
yes you do. |
|
misslabeled
|
Yes, you have to appear in court. You can't cower your way through mismanagement of your finances. Be aware that some of your creditors will be there too, possibly to dispute having their debt included.
If you don't show up, a default judgment can be entered against you since you couldn't be bothered to show up and explain why perhaps it shouldn't be. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 33 minutes(s) ago
| | | |
10 | 39 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
7 | 7 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 3 day(s) ago
| | | |
8 | 5 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
7 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
