In the forums I have seen members asking suggestions about dealing with illegal lenders when they are trapped with them. It has made me wonder about our responsibilities as consumers. Don't you think that we as customers are required to check the background of a company before applying for a loan? The lenders might be acting fraudulently but are we not also trying to escape paying by borrowing from illegal lenders? Curious to know what you think.

My husband and I are planning to file either chapter 7 or 13. Total debt $ 30k ( credit cards ) Questions: 1. my husband has a motorcyle probably worth 4k - its fully paid. is the trustee will take it? or can i transfer the title to my mother in law? how about furnitures? electronics? 2. we have 2 car loans - we are current w/ our payments - do we have to voluntary turn it in? - we do not want too bec that is our way of transportation to go to work. 3. We have a mortgage loan- we are current w. our payments - can we keep our house? 4.

My husband and I are planning to file either chapter 7 or 13. Total debt $ 30k ( credit cards ) Questions: 1. my husband has a motorcyle probably worth 4k - its fully paid. is the trustee will take it? or can i transfer the title to my mother in law? how about furnitures? electronics? 2. we have 2 car loans - we are current w/ our payments - do we have to voluntary turn it in? - we do not want too bec that is our way of transportation to go to work. 3. We have a mortgage loan- we are current w. our payments - can we keep our house? 4.

I'm at the point now where I'm just about ready to file for Bankruptcy. According to the means test, I should be able to file Chapter 7, even though over the median. I owe over 100k to CC, with 54k to BofA on three accounts and 35K to Chase on two. I haven't made any payments on them since last June. BofA and Chase have already sent offers in the mail. I haven't talked to them myself since I stopped making payments. So far BofA is offering 30% and Chase has some plan making payments over 5 years of about half of what I owe.

Hello. I am $13K in debt with Citi. I am not delinquent - all payments have been made on time. But I lost my job a year ago and have been trying to get hired again and have had no luck. My parents now don't have jobs either, so my financial situation has become pretty bad. I was thinking about letting my account go delinquent for the next three months, attempting to negotiate a full and final settlement with Citi, and then if that was rejected, attempting to negotiate a settlement with whatever collection agency they will sell my account to. But I'm afraid of going about this process.

I have a ATG collection that showed up suddenly on my credit report. I sent a DVletter and today I received their response. They sent me a brief letter saying this is the copy of my itemized statement. The copy they sent me looks like it might have been a fax with huge sections of data blacked out. Our address isn't on it, it has my daughter's name and my name, and I see a date of service that makes me think this is from an emrgency room visit we had done 2 years ago. It looks like the paper work the Doctor's office created when writing off the account to ATG.

I am really trying to get my credit fixed. I am a 19 yr old College student and i have tried the credit repair services through rmcn and that did not work. I owe only two more accounts one with Bank Of America which was as my credit report reads

Oh wow..what a relief! This was the largest of my 4 cards that I defaulted on. The balance was $51,500. We settled for 3 monthly payments of $4300.00 Just under $13,000 total, or 25%. And it was THEY who sent me the settlement offer. :) 3 more to go... Yay for me and this forum!!!!!!!!!

I have spent all day looking for anything about Alabama - ELBA Laws and anything that may help and I have not found anything. I have found alot of good information on this forum just nothing that really specifically helps me. Any help would be appreciated. Thank you.

1000cashovernight.com/IPS is nuts! I took out a loan for $200. Before I even discovered they were illegal, my first payment ACH WAS returned--- I just had a mess with ANOTHER payday loan, so it overdrafted me and 1000 couldnt be paid. I recieved an email from a lady named Precious Wilson-- telling me that I owed them $600. I immediately raised an eyebrow, that was NOT the right amount, and Im NOT paying $600. I replied, asked about their license, etc. She dropped the amount I owed, and told me I could pay only $300.