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New Collection Legal Questions - New York

What to do if I am in the process of negotiating a settlement of a debt for which I was solely responsible and part of the process is sending in my tax returns?

Unless there is a filed formal separation between you and your spouse who have yet to divorce the provision of your joint tax returns to your judgment creditor potentially could have an adverse effect

E.M., Member, California Bar answered 4 months ago

Is an adult child responsible for a dead parent's funeral expenses?

The adult child is not personally responsible, unless he or she signed something by which he or she agreed to pay or take responsibility. The decedent's estate, however, is responsible, and the funera

SJZ, Member, New York Bar answered 4 months ago

What are the chances of being sued for the deficiency on a motor vehicle after a voluntary repossession?

There is no way to answer this question in the abstract. The creditor has the right to sue a debtor for any deficiency remaining after a car is repossessed. Whether it will do so depends on 1) how muc

SJZ, Member, New York Bar answered 5 months ago

If my daughter is 18 and is not paying bills on her car and phone, am I responsible as her parent ?

Unless a parent guarantees or co-signs a loan, they are not responsible for their adult offspring's debts. And since your daughter is 18, the "age of majority", she is an adult in the eyes of the law.

M.D., Member, California and New York Bar answered 5 months ago

What to do if my debt management company went out of business without refundung to me my initial deposit of $571?

If the debt management company was not a corporation or an LLC (limited liability company), you could sue the owner(s) personally for the money. However, if it was (as is most likely) a corporation or

SJZ, Member, New York Bar answered 5 months ago

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