After your passing, creditors (individuals or organizations who believe you owe them money) may file claims. According to the law, they will have a certain amount of time to file claims against your estate. The total amount of property you “own” at the time of your death is your estate...
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No. 1, you look to set up a family trust in Nevis or the Cook Islands. It's better there because of secrecy laws and laws that emasculate creditors' rights. So let's say I owe you $10 million and I don't want to give it to you. I give it to a Nevetian trustee for my ...
Is chapter 7 going to cause you to liquidate non exempt items that could be sold and the cash used to settle debts for less than what you owe?It is entirely possible to avoid bankruptcy by negotiating lower payoffs with unsecured creditors. It is also silly for many people to use debt ...
In the case of the third check, we recommend calling your bank to confirm the garnishment request from creditors and ask for details about how long you have to file a request with a local court to stop the garnishment. If you think money has already been mistakenly seized fro...
In Florida, creditors may obtainjudgment liens on personal properties. The liens are filed with the Florida Department of State in such cases. Also, a creditor can record a judgment lienwith a local county recorderwithin the county where the debtor owns property. ...
The type of action your creditors can take is dependent on the type of debt you have accumulated and how long you have delayed paying back your debt. Mortgage- you could lose your home. Rent- you could be evicted. Secured loan- you could lose your home or whatever your loan was secured...
Last not least, the Consumer Investment security Bureau features a database for you to key in problems against payday creditors and take information about how to guard on your own. Another site that is useful www.fraud.org, which includes information about payday frauds. ...
In the case of the third check, we recommend calling your bank to confirm the garnishment request from creditors and ask for details about how long you have to file a request with a local court to stop the garnishment. If you think money has already been mistakenly seized from the fir...