Category: Law & Ethics

I need a bad credit loan, can i get it without a cosigner/collateral? »

joanna asked: I need a bad credit loan, can i get it without a cosigner/collateral?http://1mortgagecalculator.info

What is the statute of limitations in Illinois for credit card debt collection? »

squirt asked: I am being taken to court for $2000.00 in debt that was made over 3 years ago. The credit card was closed 2 1/2 years ago. It has now been sold to another company and they are suing me. Can I request a “bill of particulars” to make them prove the debt?http://1mortgagecalculator.info

Is lying about income on a Credit Card application illegal? »

Dan V asked: From what I understand they very rarely verify the income you list. Is there anything illegal about exaggerating annual income on a Credit Card application for the purposes of getting approved/getting a higher starting limit? Please don’t give me ethics, I just want to know if it constitutes fraud (could be a [...]

What are the legal ramifications of being unable to pay unsecured Credit Card debt? »

barry c asked: Medical bills and disabilty have made it impossible for me to pay off about 40,000 in credit card debt. What can they do to me legally?http://1mortgagecalculator.info

Why do credit card company policies go against the united states laws? »

Carlos My True Love asked: I’m emancipated and have court papers that prove i can obtain a credit card. Once I tell them i’m not 18 but I’m emancipated they just basically hang up. So is their any credit card companies that issue to emancipated minors.http://1mortgagecalculator.info

Where can I find the Arizona statute of limitations on defaulted credit card debt? »

CK asked: I’m trying to help my friend determine if the statute of limitations has run out on a credit card debt that was charged off in November of 2004. Because they have different statutes, I first need to know if this account would be considered an ‘open account’ or a ‘written contract’. Which statute [...]

If I have credit card debt, would it deny me a top secret security clearance? »

mattman5500 asked: I recently joined the navy, I took the job of NAT-IS, which is an Intelligence Specialist. The job requires me to have a top secret security clearance, I have no felonies, prior arrests, or tickets, But I do have about $4,000.00 of credit card debt. So does this automatically exclude me from the [...]

Are parents reponsible for credit card debt incurred by their over 18 under 21 year old children in NY state? »

dixie8026 asked: My 20 year old cousin just found out she’s pregnant. She lives at home and has a good job, but she’s moving out. She has about 15,000 in credit card debt and my Aunt is under the impression that in Ny state she will be held financially responsible if my cousin is not [...]

My daddy got sued for an unpaid debt credit card that wasn’t his. What should he do? »

BEE N asked: well a couple of months ago my daddy receive a letter from the credit card company demanding him to pay the credit card debt but the account number on the letter didn’t match with his numbers. So he called the number on the letter but they said they cant do anything about [...]

Does having a high credit balance affect the green card process? »

actorob512 asked: Applying for green card and i have a high credit balance. Im from Malaysia, will this affect my process? I went to college in the U.S. and have been employed with few companies and have been in the U.S. for over four years. My lawyer told me that my credit card balances were [...]

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