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New Collection Legal Questions - Texas

Can I be removed from a co-signed student loan or do I have any recourse from a non-paying borrower?

Ordinarily a co-signor on a student loan cannot be removed from the loan unless the loan is paid off in full or if the loan is refinanced by the primary borrower. If the primary borrower is not paying

E.M., Member, California Bar answered 3 months ago

What to do if I received a notice of default hearing?

I suggest that you call the representative with the bank as to the default hearing for money owed that is pending against you to see what you can do to prevent the entry of a default judgment against

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

Wht to do if I am being personally sued for a business loan in default?

Based upon the general description of what you have written the proposal is a stipulated judgment where if you adhere to the terms of the written proposal you pay a lesser amount owed but if you defau

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

If a gift was given to me but the giver did not complete all payments and refuses to continue payment for personal reasons, am I obligated to the seller to return the product?

Here is the thing: the seller is not a party to this "gift" arrangement and the seller can come after the "giver" who is really the owner and probably you to get the gift back.  If you want to ke

M.T.G., Member, New York Bar answered 4 months ago

What to do if I have an outstanding student loan that is in default that is still in the hands of the government and my mother wants to give me one of her houses?

Given your concerns as to an outstanding student loan that you owe on, I suggest that you and your mother consult with a Wills and trust attorney about creating a trust for your benefit where you woul

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

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