Excellent bankruptcy services companies with Attorney advocates of America reviews? There are certain things better not left behind when you pass. Timeshare would be at the top of that list. Timeshare may be one of the worst investments available. Upon your death your timeshare will move to one of your beneficiaries as required by law. What does this mean? Upon your death someone will be responsible for all fees and obligations as set forth in your original timeshare contract. Unlike other types of debt which cannot be dealt a lien against your estate, timeshare passes through like any other property asset. We realize it has no value; however, it is deemed real property. Call and we can explain.
Looking for extra Attorney advocates of America reviews? At least one Judge in the State of New York has addressed this problem and cited case law as to the burden of the party seeking to foreclose to demonstrate that they have the legal right to do so, and absent such proof, a foreclosure action may not be brought. The legal premises of the New York cases are common in other states. Now here comes some bank as Indenture Trustee for the Registered Security Holders of Collateralized Mortgage Obligation Loan Trust Series XYZ-2006 (or some other equally complicated name) seeking to foreclose on your mortgage by filing a lawsuit where they claim that the original Note and/or Mortgage is or was “lost”. This is most likely an absolute falsehood in cases of this type, and for the attorney to represent to the court, in a written lawsuit, that the originals of the Note and/or Mortgage were “lost” is not only fraudulent itself but also constitutes a fraudulent attempt to manufacture a foreclosure case which could not be legally brought in the first instance.
The Fair Credit Reporting Act, sometimes called the federal fair credit reporting debt dispute act, is a federal law designed to protect consumers against unfair and illegal credit reporting practices and protect your credit privacy. Find answers to your questions about credit reporting procedures, who can and cannot view your personal credit profiles, credit reports and credit scores. Attorney Advocates of America Fights For The Rights of our Clients. Managing Partner Henry N. Portner, Attorney at Law. Offices in 15 States.
What Happens If I Take No Action When Sued For Credit Card Lawsuit? Taking no action can lead to a series of events I will assure you would rather avoid. By taking no action on the credit card lawsuit the creditor and their Attorney will walk into court and simply be given a money judgement in their favor. Upon receiving the money judgement they will most likely start performing post judgement discovery. Upon performing discovery you will be required under oath to answer certain questions from the creditors Attorney. From that point the possibilities are endless. In most likelihood they will seek employment garnishment if you are subject to such action. Depending on the State you reside in they may also place a lien against your property. Read additional details on Attorney advocates of America reviews.
You may still have trouble with getting unsecured credit after a bankruptcy. If you find that to be the situation, applying for a secured card may be the answer. This will show people that you’re seriously trying to restore your credit record back in order. After a while, you are going to be able to have unsecured credit cards too. The Bankruptcy Code lists the kinds of assets which are excluded from bankruptcy. If you are not aware of the rules, you might be blindsided when a possession that is important to you is taken to repay creditors. The professional that helps you file with needs to know both the good and bad aspects of your finances.