Am I still liable for debt that no longer shows up on my credit report? related questions

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Am I still liable for debt that no longer shows up on my credit report?0HELPPPPP!2012-11-03 21:06:02
I had several debt accounts that I was responsible for the early to mid 90s . These debts consisted of a house ( $ 120,000 ) , central heating / air central unit installed in the home ( $ 15,000 ) . A water softener system is also installed in the house ( $ 5,000 ) . Personal Loans - one was secured by household goods for $ 4000 and was not - another $ 4000. And the credit card debt of $ 850. Stop paying these loans in 1995 and stopped paying my credit card debt in 1997 because I exceeded my income. I could not take the house or the water softener or the central heating / air with me, so why pay for it. I get letters from time to time these people still trying to collect and I always ignore it. None of these items appear on my credit report , and I am told that my credit report is excellent , with a credit score of over 800 . Can anyone tell me if these collectors can come after me for the amount recorded almost 15 years ago ?
I'm in deep credit card debt and can no longer hold the fort, should I do debt conslidation or bankruptcy?2nettie <32012-10-10 02:09:02
I currently owe about $ 25,000 in 10 letters , that they were paying off with minimum paymetns until I missed some payments (arrears , % interest 29% ) and now it's getting worse and worse . I feel I can no longer keep up with this. MedlinePlus MedlinePlus A friend of mine recommended me to do Incharge.org for debt consolidation , but not sure because it is almost the same as the bankruptcy because it will ruin my credit for the next seven years and I have yet to pay more than new ? MedlinePlus MedlinePlus Another says I should file for bankruptcy. What do you recommend ? I really do not know what I'm going to do. How does bankruptcy ? I know it 'll ruin my credit over the next 10 years , I will not be able to buy a house a car or get a loan , but that is not what I'm worried about. If I file for Chapter 7 bankruptcy , does that mean all my debt will be cleared and I just have to deal with not being able to get credit for 10 years ? is that all it is ? MedlinePlus MedlinePlus Thank you very much for your answers .
I have $300K of debt in credit cards and unsecured loans ... What will happen if I can no longer pay the bills?3Jdub2017-09-15 17:48:40
I started my own business this February . After 6 months of fighting to keep the business alive ... no luck ! Now I'm broke, all my credit cards are maxed , and the business is closed. I managed to get a job just to pay my expenses and the mortgage on the house. I'll be lucky to have about $ 200 left at the end month. Here is my question ... I know that with debt, there is no way on earth , I will be able to afford. What will be the worst if not pay my debts? I know that the collection calls will continue to haunt me for years . I live in Texas , so do not have to worry about wage garnishment will take effect. From what I understand , I can not go to jail for being in debt with creditors. I'm thinking about bankruptcy, but will be in my credit report for up to 10 years, compared with bad credit will be around 7 years. All inputs are greatly appreciated!
Am I still liable for an old business debt ?0L.P Mhlanga2012-09-07 08:48:04
Well , MedlinePlus MedlinePlus This is quite a story ! MedlinePlus MedlinePlus Back in July 2007 I was working for a small business heating. The owner at that time also had a large and profitable business that had led me to believe that he purposely made ​​it look like fun smaller company made ​​a profit - . For tax reasons I MedlinePlus MedlinePlus Now this guy had become a friend after working for him for a few years and he asked me to take the company would like to be able to follow other paths . Showed my figures and facts that we believe the company was profitable ( I was young and naive ) , so I took a
Am I still liable for an old business debt ?0kayla :]2012-10-16 16:26:36
This is quite a story ! MedlinePlus MedlinePlus Back in July 2007 I was working for a small business heating. The owner at that time also had a large and profitable business that had led me to believe that he purposely made ​​it look like fun smaller company made ​​a profit - . For tax reasons I MedlinePlus MedlinePlus Now this guy had become a friend after working for him for a few years and he asked me to take the company would like to be able to follow other paths . Showed my figures and facts that we believe the company was profitable ( I was young and naive ) , so I took a
Am I liable for my girlfriends debt?5Bizzy2012-11-02 03:07:02
My girlfriend has an unsecured loan graduate who took a couple of years before he met me . I met her two years . She has gotten into a bit of a financial pickle when she just lost her job and now has been sectioned under the Mental Health Act for harassment , and as I'm living with it ( not married ) I wonder if I'm forced to do payments ? I am concerned about the possibility of bailiffs at the door . Can anyone advise . Thank you. I 'm in the UK . Very worried. : (
Can my sister be held liable for this debt?0dorisbrawley2012-09-29 17:39:03
In November my sister filed for divorce from her husband and pulled him out of your checking account . The next day he goes to a shop payday loans and gives them a check of my own sisters ( both their names were on the check) although it technically was not in the account . They divorced in January and in the divorce decree that he knew of a payday loan and pulled OTHER decree specifies that you have to pay (but that doesn
Am I liable for my irresponsible parents debt? ?2cree2012-10-25 11:35:03
When I was 16 I got braces and my mom had to pay for them . She signed all the papers because he was a minor . I have them out right around when I was 17 or 18. At that time , I remember my mother still making payments. Eventually , he went to collections under its name. Fast forward to today - I was looking at my wine in my account . I got accepted to graduate school for Master . Waiting for my finances says the loan was denied . After a few calls and checking my credit report , I see that my mother is in debt my credit report , with $ 1,000 in additional fines . I wanted to know if it was legal to have this in my report or if I have to pay for it , since it was the one carrying the keys . If it's a mistake , I will be able to go to college . If not, my credit is ruined and I will not be able to go to school with a report on my record collections . Please help ! Thank you ! :)
Am I liable for a Debt my partner aquired before meeting me?1mlb2012-08-28 02:42:02
My partner had taken a loan before you me. He was keeping up with their payments until reduntant was made . He then went to live with myself and stayed in state benifits . I helped organize a payment amount . It was very minor amount , but paying anyway. had not paid for several months for one reason or another, but had not received any contact from them. (With the secret hope that we slip through the net in this foolishly ignored) Since then, work has begun , and he received a letter requesting the full amount. We can not pay, their wages are very low and not very different from what we receive every month in benifits . We have 3 children, 2 of them are mine and tax credits to dump income. After income tax and the advice that we have less cash income support you have provided. I have written to them and arrange a monthly amount to pay, tell me not willing accept a plan that offers up the total income (which you like) who wish to settle in the county court stage , blah, blah. Tho he is paying something. I want to know what would happen if they came to take possession of his articles in the interim. Do I have to give up their possessions, taking into account , most things were mine before he came to live with me. You only need a general council, actually in this situation .. I know that the payment of something is better than nothing, and I know that if we take only the courts can demand what we can afford , but do not want my children to suffer in all this either. Oh , not married , living together for 5 years. thanks in advance
I co-signed on a car loan the other party is planning to file bankruptcy will I be liable for the debt?1jacee2012-09-12 10:57:05
I co - signed on a car loan the other party had an accident in the car ( the car was totaled , no insurance ) the car was repoed voluntarily . Now I am making payments to garnish my wages are not . Will I still be responsible for this debt if you file bankruptcy? Is there anything I can do to get my money from the other party once the debt is satisfied.
I'm looking to consolidate my debt that is on my Credit report?0kadian2012-10-01 04:56:02
I just received my credit report and my credit score is a dismal 550. The report says I owe $ 1,972 with 7 bad loans. How I can start taking care of that to raise my credit score ? Is there a debt consolidation loan low that I can get somewhere ?
Creditor on car loan has repoed car and charged off as bad debt am i liable to third party collection agency?1tonisha2012-09-06 05:05:04
creditor took the car back and told me I would be charged for the loan as a bad debt . appears in all my reports credited as " bad debt laden " , " Acct charged off / repossession , discharged $ 12,793 " and " load off " . Now I have a company trying to collect $ 15,573.00 from my relationship with self .

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