Category: Creditors
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Who is LVNV Funding LLC?
LVNV Funding LLC is a very large debt buyer and collection agency. If you see LVNV Funding on your credit report, read on to learn more about this company. You Might Owe LVNV Funding Money Never heard of LVNV Funding? Confused because you have never taken out a loan from LVNV Funding? That does not…
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National College Student Loan Trust Lawsuit
I help clients with substantial student loan debt all of the time. Of course, there is nothing wrong with student loans. Financing a reasonably priced good education is a smart life decision. However, what happens when a person defaults on their student loans? And who is the National College Student Loan Trust? Read on to learn…
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Sued by Sheri Carello Bankruptcy Trustee?
Not everybody knows that a significant amount of litigation occurs in the bankruptcy courts in Sacramento. I represent both debtors and creditors in these “adversary proceedings.” Have you been sued by Sheri Carello? Below is some important information for you to consider. Why am I Being Sued by Sheri Carello? Sheri Carello is a Chapter 7 bankruptcy…
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Three Surprising Facts About Credit Card Lawsuits
Many of my bankruptcy clients were at some point sued by a credit card company. These lawsuits often go unanswered and result in large judgements. Judgements then turn into wage garnishments. Here are a few interesting facts about Credit Card Lawsuits in Sacramento. 1. You Don’t Need to be Personally Served People tend to move…
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Forgot to List Creditor in Bankruptcy
To be successful in bankruptcy, full and complete disclosure of your debts is required. This isn’t always possible. But there is good news. You can amend your bankruptcy to include a forgotten creditor. Try to Disclose All Debts at Time of Filing To the maximum extent possible, list all of your debts on your bankruptcy…
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Continued Garnishment After Bankruptcy Filing
One of the most powerful provisions of bankruptcy law is called the “automatic stay.” The automatic stay prevents your creditors from taking action against you once you have declared bankruptcy. But what happens if you have a continued garnishment of your wages even after you file for bankruptcy? By law, your creditors are required to…
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Chapter 7 Bankruptcy Dismissed Credit Report
On occasion I will get a call from someone that filed their own bankruptcy without an attorney. For one reason or another, the bankruptcy case didn’t fly and was dismissed by the court. The question is usually this: how do I remove the dismissed bankruptcy from my credit report? The short answer is “you can’t.”…
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What To Do If a Creditor Contacts You After Bankruptcy
You’re done with your bankruptcy! Congratulations on achieving a fresh start on your finances. Now you need to start rebuilding your credit. But wait: a nefarious creditor has started contacting you about one of your pre-bankruptcy debts. What To Do If a Creditor Contacts You After Bankruptcy? There are a few reasons why a pre-bankruptcy…
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Online Loans Are a Fast Track to Bankruptcy
I have been seeing more and more clients with large debts from online loan companies. These loans are proving to be toxic and a fast track to the bankruptcy court. In a financial jam, a quick infusion of cash might seem like just what the doctor ordered. And in some cases, this is absolutely true.…
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SB 308 Bankruptcy Exemptions Failed to Pass
I have been watching Senate Bill 308 quite closely. The bill would have modernized California’s bankruptcy exemptions to allow debtors additional tools to protect their assets from the reach of creditors. Unfortunately, SB 308 failed to pass this year. The first half of the 2015-16 California legislative session came to a conclusion on Friday, September 11.…