I Can’t Afford To Repay My Student Loans. What Are My Options?
Q: Hi, I have a pretty unique situation regarding student loan debt. I have about $100K in student loan debt. I did not find a job until about 8 months out of college and the loans were in deferment. The entry level position I obtained was not enough to pay my loans and I was […]
How to Stop Garnishment of Your Wages
If you have a lot of unpaid debts and creditors are threatening wage garnishment, you may have to deal with a court battle in the very near future. Creditors can legally garnish your wages, but only after they obtain a court order. Garnishment is usually a “last resort” effort by creditors to collect on their […]
Can a Creditor Seize My Husband’s Bank Account If I am Sued?
Q: I Live in Michigan and Lost My Job in May 2009. I have Quite a Bit of Credit Card Debt that is in My Name Only. My Only Income is Unemployment. I Do Not Have a Bank Account in My Name. My Unemployment is Deposited to My Husband’s Bank Account. If I am Sued, Can a Creditor Seize My Husband’s Account Even Though It Isn’t His Debt, since the Unemployment is Going Into His Account?