Q: I was sued by a debt collection agency. They now have a default judgment against me. How do I set this aside? A: You need to file a motion to set aside the default. You should contact an attorney…
Posts Categorized In: Legal Process
California Debt Blog: Credit Reporting: Two digit codes hurt you
Comcast (yes, the cable and internet people) has a great story about your credit report, disputes and the “two digit codes” that the credit bureaus use. When you dispute something on your credit report, here is what happens: When consumers…
California Debt Blog: Victims of Violent Crime
What do you do if you are the victim of a violent crime? Sometimes, you incur expenses that you cannot afford to pay. For example, maybe you incurred medical expenses that you cannot afford to pay. How do you get…
California Debt Blog: Victims of Violent Crime
What do you do if you are the victim of a violent crime? Sometimes, you incur expenses that you cannot afford to pay. For example, maybe you incurred medical expenses that you cannot afford to pay. How do you get…
California Debt Blog: FAQ: I was sued. What do I do?
Q: I was sued by a debt collector. How do I respond? A: The first thing you should do is talk to an attorney. You need to know your rights. Even if you do not think you can afford an…
California Debt Blog: FAQ: I settled a lawsuit. Now what?
Q: I was sued by a collection agency. I settled it with their attorney. What do I do? A: If you settle the case yourself, first congratulate yourself. Good job. Then, make sure the settlement is reduced to a writing…
California Debt Blog: FAQ: Can they collect in a different state?
Q: I ran up a debt while living in Arizona. I now live in California. Can the Arizona debt collector take my money in California? A: Yes. The collection agency can obtain a judgment against you in Arizona (and possibly…
California Debt Blog: FAQ: My debt has been “charged off.” Do I still owe the debt?
Q: My debt has been charged off. Do I still owe the debt? A: You still owe the charged-off debt. Many people mistakenly believe a creditor does not want to collect a charged-off account. Wrong-o! A charge off is merely…
California Debt Blog: FAQ: I have a judgment on my credit. How do I remove it?
Q: I have a judgment on my credit report. How do I remove it? A: If the judgment is against you and it is proper, you need to pay the judgment. Once you pay it, ask for an Acknowledgement and…
California Debt Blog: FAQ: I cosigned for a loan. What is my liability?
Q: I cosigned for a friend for a car loan. She stopped making payments. I am now getting calls from the creditor. Am I responsible? A: You are responsible. The creditor can sue you for the full amount of the…