Blog Posts in July, 2017

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  • Spousal Liability
    Spousal Liability

    Question: Can a mortgage lender go after my spouse for a loan I co-signed prior to our marriage? I co-signed on a mortgage with my ex-husband. I want to re-marry but don’t want my new husband to get ...

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  • Spouse's Debts as Affecting Credit Score
    Spouse's Debts as Affecting Credit Score

    Question: If my husband applies for credit cards, and defaults, will this affect my credit score? Answer: If you are neither contractually liable nor an authorized user on the account, his credit ...

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  • Putting Liens on the Property of Another
    Putting Liens on the Property of Another

    Question: I co-signed a loan for my brother so that he could get training for a truck driver job. He has refused to get a job. Can I put a lien on his home until the loan is paid, in order to ensure ...

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  • Where Collection Actions May Be Filed - Seventh Circuit Decision in Med-1 Case
    Where Collection Actions May Be Filed - Seventh Circuit Decision in Med-1 Case

    The Fair Debt Collection Practices Act, 15 U.S.C. §1692i (“FDCPA”), requires that legal actions to collect consumer debts be filed in the “judicial district or similar legal entity” (a) where the ...

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  • Spouse's Credit Cards
    Spouse's Credit Cards

    Question: If my husband died and he had a lot of credit cards, do I have to pay? I did not even know he had them. Answer: Only his estate, if he had enough money to open one, is liable. You are not ...

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