Blog Posts in 2015

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  • Can a Creditor Add Derogatory Information to a Closed Account?
    Can a Creditor Add Derogatory Information to a Closed Account?

    Question: Can a creditor add derogatory information to a closed account? I had a credit card that was closed by the creditor. The account was in good standing at the time of closure. The creditor ...

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  • Can I Have the Charge off Status Be Removed from My Record.
    Can I Have the Charge off Status Be Removed from My Record.

    Question: Can I have the charge off status be removed from my record if the creditor agreed to a mutual dismissal with prejudice? I was sued by and counter sued my original creditor. We agreed to a ...

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  • The Judgment Was Still Put onto My Credit Score.
    The Judgment Was Still Put onto My Credit Score.

    Question: In 2012, a public record was added to my credit report in the form of a court judgment. I had my wisdom teeth removed when I was 19. My mother had promised to pay, but did not. I was not ...

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  • Do You Have to Sign for a Summons?
    Do You Have to Sign for a Summons?

    Question: Can you be arrested for not showing up to court on a civil suit if you got a writ of summons but you did not sign for it? Answer: A signature is normally not required for valid service, ...

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  • Disposition of Car You Signed For
    Disposition of Car You Signed For

    Question: If I cosigned for an auto loan and the person I signed for passed away, am I responsible for the loan if I turn the car in? Answer: Yes. They will sell the car at a low price at an auto ...

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  • Disposition of Collateral
    Disposition of Collateral

    Question: I borrowed $13,150 from a now-former friend using a Rolex watch that I paid $5500 for as collateral. I was making monthly payments towards a $14,000 total payback over 18 months. After I ...

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