Home
Public Forum
Credit Reports
Apply For Cards
Credit Directory
Credit Overview
Credit Problems
Credit News
International
Credit Glossary
Purchase Books
Credit Laws
Business Credit
Merchant Accts
   

Re: Seeking wisdom and advice


[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by Why Chat (209.240.205.61) on July 31, 2004 at 02:14:25:

In Reply to: Seeking wisdom and advice posted by Newbie2CA'sBS on July 30, 2004 at 21:10:00:


I do not suggest BK, you WOULD have to list ALL your interests, including your son's trust funds.

You should however, consult an asset protection lawyer to make sure the trust fund can not be attacked in a judgment.

What State are you in?
You will likely be sued if your credit report indicates you have any assailable assets, a job in a State that allows wage garnishment - and if your car is paid off and fairly new, you may have that taken also.

Whe did you last pay the original creditor (MBNA??) directly yourself on the account while it was still useable, that is, not frozen, able to make additional charges.

You say this was for your husband's school expenses? Were these Federal guarantee student loans? Whose name was on the cc? Just yours?


Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:

Optional Link URL:
Link Title:


[ Follow Ups ]   [ Post Followup ]   [ Credit Forum Index ]

 

    Top Of Page

  

Copyright © 1999-2004 Enkephalos Web Design