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Can You Win a Debt Collection Lawsuit?

We've previously discussed the strategy of filing an answer when you are being sued by a debt collector. Once you have filed an answer, you have avoided the possibility of having a default judgment entered against you, and that's a good thing. But sooner or later, unless you are able to settle the case with the debt collector, or somehow the debt collector files and wins a motion for summary judgment (discussed elsewhere), the case is going to be listed for trial before a judge, and you will have to be ready to appear in court for a real life trial.

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Seven Great Ways to Stop, Avoid, or Delay a Foreclosure

Here are seven examples of how people can save their property from foreclosure and sheriff's sale.

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Have You Checked out Seymour's Youtube Channel?

Millions of people can't pay their mortgages, their car payments, their credit cards, and all kinds of other bills. They fear foreclosure and are scared to death about being sued by the bill collectors. My intention is to transform people's mindsets about their debts.

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Chapter 13 - Simple and Easy

Often times the secret to success is keeping things simple. Many attorneys will tell you that Chapter 13 is very complex and complicated. I tell my clients, yes, maybe Chapter 13 can be complicated, but guess what, I am usually able to distill the process into a few simple steps, so that their Chapter 13 is as easy and painless as possible. So here is my formula for having an easy and successful Chapter 13.

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What Is a Wage Garnishment and How Can You Stop It?

This blog is based on the laws in the State of New Jersey. A wage garnishment occurs when a creditor that you owe money to has obtained the right to get their debt paid by taking money out of your paycheck. Before this happens, the creditor has to have permission from the court to start the garnishment.

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Can I Buy a House or Car After Bankruptcy?

There are lots of misconceptions about bankruptcy, and many people have many false and incorrect beliefs as to what you can do and what you can't do after you file for bankruptcy. Some people think they won't be able to get credit for 7 years. Some people think they will never be able to finance a house or a car. Well, I think now is a good time to set the record straight.

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Can I Keep My House out Of Bankruptcy?

Most homeowners who file for bankruptcy want to continue paying their mortgage payments and continue living securely in their home. They will typically tell us that they want to keep their home out of bankruptcy. When they tell me this, I tell them that its really simple.

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Can I Wipe out Income Taxes by Filing for Bankruptcy?

When I first started practicing bankruptcy law, I figured that people were not permitted to wipe out their old income taxes by filing for bankruptcy. I soon learned that my assumption was quite incorrect, and I'm glad I was wrong, because over my 47 years of practicing law I have helped a whole lot of people wipe out thousands and thousands of dollars they have owed to the IRS and the State of New Jersey.

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Don't Do This Before Filing for Bankruptcy

If you have borrowed money from friends or family members before you file for bankruptcy, here is one thing you definitely should not do. There are a number of technical rules that control this situation, and I will make this as simple as I can for you.

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Creditors and Cosigners - Be Careful What You Sign up For

It's not unusual for creditors to require a cosigner when they give credit to someone who doesn't have a great credit history.
For example, if young adults are applying for student loans, the lenders will often require the parents to sign as a cosigner on the debt before they agree to issue a substantial student loan to the student. The same standard often is followed before a creditor will issue a car loan or even a credit card to someone who doesn't have the greatest credit history.

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