That was jaw dropping. What an unfeeling judge, as well, to rubber stamp that interest rate. I wonder how many times this happens that we don't hear about.
My wife just received a summons, IN THE MAIL, regarding the filing of a lawsuit from 'Credit One' for unpaid CC debt. Is it normal to receive a SUMMONS through the mail? I was under the impression that a summons has to be served (in person) by a Sheriff. Thank you for uploading these videos! You are REALLY helping us seniors understand the laws regarding debt collection!
Depends on the state. It is possible to serve a summons by mail in certain states. Here is a link: www.nolo.com/legal-encyclopedia/free-books/small-claims-book/chapter11-4.html
What can I do it I was a cosigner for bail,$15,000 which the person stop pay, the start garnishment of my wages , had to go to court to get it lowered $200 a month since 2016 and I have paid so far $15,445.00, but have $9100 in compound interest which i told was 10% per day, so at this rate they will garnishment my pay for the rest of my life what can I do??
Isn't there a statute of limitations on such things? I looked up my state of Florida and there is one here. A lien expires after, if I remember correctly, 7 years. Don't they have to re-do the judgment before expiration of the statute of limitations or does it just continue in whatever state that was? If that lien was from 2010, that's 12 years! I should have listened to the end - you answered this.
Does this also apply to vehicles and property inside the house? My daughter owns the house. I really don't want her going through a lot of hassles when I am gone. Would it be best to put the car into her name also?
That was jaw dropping. What an unfeeling judge, as well, to rubber stamp that interest rate. I wonder how many times this happens that we don't hear about.
Sadly the state allowed that interest and the attorney presented the law and contract to the judge
We so appreciate these videos. We are a client and will remain a client. Thank you Eric
Me also Kimberlyn, been a client for 2 1/2 years. Love HELPS Sad story Eric.
Thank you for this very informative information and will share this .
You are a good person and we all appreciate your help.
You sir have a heart. Thank you.
My wife just received a summons, IN THE MAIL, regarding the filing of a lawsuit from 'Credit One' for unpaid CC debt. Is it normal to receive a SUMMONS through the mail? I was under the impression that a summons has to be served (in person) by a Sheriff. Thank you for uploading these videos! You are REALLY helping us seniors understand the laws regarding debt collection!
Depends on the state. It is possible to serve a summons by mail in certain states. Here is a link: www.nolo.com/legal-encyclopedia/free-books/small-claims-book/chapter11-4.html
I got mine by mail
What can I do it I was a cosigner for bail,$15,000 which the person stop pay, the start garnishment of my wages , had to go to court to get it lowered $200 a month since 2016 and I have paid so far $15,445.00, but have $9100 in compound interest which i told was 10% per day, so at this rate they will garnishment my pay for the rest of my life what can I do??
You can call HELPS too many questions to ask and have answered to be able to answer your question in this format. Eric HELPS 855 435 7787
Isn't there a statute of limitations on such things? I looked up my state of Florida and there is one here. A lien expires after, if I remember correctly, 7 years. Don't they have to re-do the judgment before expiration of the statute of limitations or does it just continue in whatever state that was? If that lien was from 2010, that's 12 years! I should have listened to the end - you answered this.
Does this also apply to vehicles and property inside the house? My daughter owns the house. I really don't want her going through a lot of hassles when I am gone. Would it be best to put the car into her name also?
Not sure of the question. This video deals with interest rate. You may want to call HELPS 855 435 7787
What happens if you simply walk away from a home that has a lien? Does that judgement follow you?
Depends on the lien, a judgment lien yes, but a mortgage lien no