Question: I co-signed for a friend for a loan. She stopped making payments. I am now getting calls from the creditor. Am I responsible? A: Yes, you are responsible. The creditor can sue you for the full amount of the…
Posts Categorized In: FAQ
California Debt Blog: FAQ: How do I fight a wage garnishment?
Question: I recently found out that there is a judgment against me. They are attempting to garnish my wages. How do I fight this? A: There are basically four options if you want to fight a wage garnishment. 1. You…
California Debt Blog: FAQ: My debt has been “charged off.” Do I still owe the debt?
Question: My debt has been charged off on my credit report. I read that I do not owe the debt once it is charged off. Do I still owe the debt? A: YES. Is that clear enough? You still owe…
California Debt Blog: FAQ: Can my wages be garnished and what do I do if a debt collector violates the law?
More from the last two weeks on what a debt collector cannot do. This is based on the federal Fair Debt Collection Practices Act (FDCPA) and the California Rosenthal Act (also called the Rosenthal FDCPA). You may have seen these…
California Debt Blog: FAQ: What can a debt collector not do?
More from last week on what a debt collector cannot do. This is based on the federal Fair Debt Collection Practices Act (FDCPA) and the California Rosenthal Act (also called the Rosenthal FDCPA). You may have seen these tactics from…
California Debt Blog: FAQs on the Fair Debt Collection Practices Act
I get a lot of questions about the Fair Debt Collection Practices Act. People are confused about what it means and what rights they have. This is important to know when you are contacted by a debt collector such as…
California Debt Blog: Fair Debt Buying Practices Act to the Rescue
Debt collectors have been suing consumers for years with very little proof that the consumer owes any money. You have probably heard some of these names: Persolve, LLC, Asset Acceptance, CACH, FFIC, Midland Funding, Cavalry, etc…. In two recent cases…
California Debt Blog: FAQ: What is a default and why should I worry?
Question: The debt collector sent me a “Notice of Entry of Default.” What is this? Answer: The short answer: a Notice of Entry of Default means that the debt collection attorney is asking the court to enter a default, or…
California Debt Blog: FAQ: Do I really owe a civil fine for shoplifting?
Question: I have received a letter from an attorney demanding money after my child (or myself) was accused of shoplifting. Do I really owe this money? Answer: Maybe.California Penal Code section 490.5 states “The parent or legal guardian having control…
California Debt Blog: FAQ: Who can help me with my debt collection lawsuit?
Question: I have been sued by a debt collector. Who do I call? Answer: An attorney. Let me explain a bit. Twice in the last week, I have had people call me after being sued by a debt collector. Both…