Credit/Debt Management

Recent Answers

2012-05-23 Collections Law - Am I liable for 21 year old sons medical bills:

NO!  Just because you carry insurance on someone does not make you liable for any expenses.  The age of majority in Arkansas is 18 or upon graduation from high school which ever is later.  Send the hospital

2012-05-21 Collections Law - Certified Mail:

No and No.    If you are a Debt Collector as defined by Federal Fair Credit Reporting Act then collecting in any way which causes the debtor to incur costs above the amount of the debt (collect telephone

2012-05-21 Creditors and Bankruptcy - Bankruptcy to avoid law suit:

Hello Chrissie:       Hard to say if bk would be a good move at this point without knowing more specific facts.   I see you just asked this question and if you want to call me now, or in the morning, I

2012-05-20 Bankruptcy Law - RE: BANKRUPTCY FILING-Two Steps:

You might want to make sure the aunt's estate plan documents have a "spend thrift" clause in them such that your wife's creditors cannot get the funds she is to inherit and you wife has the right to tell

2012-05-20 Bankruptcy Law - BANKRUPTCY FILING:

It isn't quite as simple as you have stated, but your solution may work.  Your wife's filing Chapter 7 will discharge her personally (but not you personally) for any of the debts, and it will prevent those