Banking: U.S.

Recent Answers

2009-11-06 Creditors and Bankruptcy - automatic judgement:

I am assuming you mean you have a default judgement against you. This is usually the case if the court deems you did not show up for some type of proceeding. If that is the case you can file a petition

2009-11-06 Creditors and Bankruptcy - credit cards:

Dear Mike, Thank you for your question. Welcome to the world of deceptive credit card practices. Yes the credit card company can (for a little bit longer) increase your rates. You have the option

2009-11-04 Using Banks and Bank Accounts - Withdraw of funds from elderly parents account:

yes it is legal it is the right to offset is your name is on their accounts they can legally recover from any account with your name on it without notice as long as it is with the same bank. if your accounts

2009-11-04 Creditors and Bankruptcy - Current Car Loan:

Dear Sara, Thank you for your question. Yes, the company is allowed to contact you if the payment is a day past due. They can not however speak about the debt with your parents. They can

2009-11-03 Creditors and Bankruptcy - 1099C:

Likely not with a big company. The 1099c is obviously a tax document. They send those for their accounting and tax benefits. With a smaller company, you could try to negotiate it. You/they could