Defaulted Student Loan Removed From Credit Report
1. A defaulted student loan can stay on your credit report for up to seven years, but there are ways to get it removed. 2. If you have a defaulted student loan, you may be able to get it removed from your credit report by rehabilitation or consolidation. 3. Rehabilitation is a process where you make nine monthly payments within 10 months, and consolidation is a process where you combine your loans into one new loan. The Law Offices of Omar Zambrano has helped thousands of pe
Voluntary Repossession
Voluntary Repossession is on the Rise Voluntary repossession is on the rise as more and more people are finding themselves unable to keep up with their monthly payments. While voluntary repossession is not as damaging to your credit score as a foreclosure, it can still have a significant impact. If you are considering voluntary repossession, it is important to understand all of the consequences before making a decision. Once you have voluntarily surrendered your vehicle, you
Disqualified Unemployment
When an individual is disqualified for unemployment, it means that they are no longer eligible to receive unemployment benefits. There are a number of reasons why an individual may be disqualified from receiving unemployment, such as if they are fired from their job, quit their job without just cause, or if they refuse a suitable job offer. Being disqualified for unemployment can be a major financial setback, so it's important to understand the reason for the disqualification
Settling A Debt After Summons
When you receive a summons for debt, it can be a frustrating and daunting experience. However, there are ways to settle your debt after a summons without going to court. If you owe money to a creditor, they may send you a summons if you have missed payments or violated the terms of your agreement. A summons is a formal notice that tells you that you must appear in court to answer to your debt. While it may be tempting to ignore a summons, this is not advisable. If you do not
How Long Does It Take For A Bankruptcy To Discharge
For many debtors, filing for bankruptcy is the best way to get a fresh start. But one of the biggest questions they have is how long it will take for their bankruptcy to discharge. The answer depends on the type of bankruptcy you file. A Chapter 7 bankruptcy usually takes about three to six months to discharge, while a Chapter 13 can take anywhere from two to five years. However, there are a few things that can delay your bankruptcy discharge, such as failing to complete the
How To Win A Credit Card Lawsuit
If you're being sued by a credit card company, there are some things you can do to improve your chances of winning the case. First, make sure you understand the charges against you and have a good defense. Second, keep track of all communication with the credit card company and document everything. Finally, show up to court prepared and ready to fight. With a little preparation, you can improve your chances of winning a credit card lawsuit. A Law Offices of Omar Zambrano has
Pros And Cons Of Filing Bankruptcy
When it comes to the pros and cons of filing bankruptcy, it's important to weigh your options carefully. On the one hand, bankruptcy can give you a fresh start financially. But on the other hand, it can be a long and difficult process. Here are some things to consider when deciding whether or not to file for bankruptcy: The pros: - Bankruptcy can help you get out of debt and start fresh. - It can stop creditors from harassing you. - It can give you some relief from your finan
How To Settle A Debt Collection Lawsuit
If you're being sued by a debt collector, there are several ways to try to settle the lawsuit. First, you can try to negotiate with the debt collector. If that doesn't work, you can ask the court for mediation. Finally, you can go to trial. If you're being sued by a debt collector, the best thing to do is try to negotiate with the debt collector. You might be able to settle the lawsuit for less than what you owe. If you can't negotiate a settlement, you can ask the court for
How To File Bankruptcy With No Money
Filing for bankruptcy can be a difficult and expensive process, but it is possible to file for bankruptcy with no money. There are a few options available for those who cannot afford to pay the filing fee or hire an attorney. One option is to file for bankruptcy through the court's pro bono program. This program provides free legal assistance to low-income individuals who cannot afford to hire an attorney. Another option is to file for bankruptcy under chapter 7 of the U.S. B
How Much Do You Have To Be In Debt To File Chapter 7
If you're considering filing for Chapter 7 bankruptcy, you may be wondering how much debt you need to have before you qualify. The answer is that there is no set amount of debt required. But there are certain criteria that must be met in order for your petition to be approved. In order to file for Chapter 7 bankruptcy, your debts must meet the following criteria: 1. They must be unsecured debts. This means they are not attached to any property, such as a house or car. Example
