Pennsylvania Debtor And Creditor Legal Questions

Bank accounts are at risk from consent, that bank, or judgment.  So, if you ever agreed that creditor could take money from your account, that consent has to be revoked by you.  You can do that at any time.  If the money owed is to the bank where the account is, they can take the money because they already have it.  If the creditor has a judgment, it can be executed on by seizing your account. You should consider protecting your assets through a bankruptcy. ... Read Answer

When you are sued, you should call a lawyer immediately.  You need to protect your rights which could include filing a defense.  Also, many times clients refer to an original creditor, but it's actually a debt buyer.  I don't believe that Discover sells its debt, so it is probably actually them.  But the answer is the same. One option may be a chapter 7 bankruptcy which all depends on your circumstances.  If you pass the means test and have little or no disposable income, you will likely be able to eliminate much, if not all of your unseucred debt.... Read Answer

Car loan creditors can repossess upon default.  For arguably good reasons, car lenders have an easier route for collection than every other creditor.  The collateral is always depreciating and could be lost in an accident or stolen at any time.  So, they are allowed to simply take the car upon default and that can happen at any time. One potentially permanent option is a Chapter 13 bankruptcy.  That will stop them from taking the car and allow you to pay the whole debt in monthly payments over 5 years.  If you cannot afford that, you may not be able to keep the car and a Chapter 7 bankruptcy may be your best option.  I would be happy to advise you on this by phone or e-mail on a free initial basis.  ... Read Answer

You may have a consumer complaint.  The problem is that the main federal law applies to a debt collector as opposed to the original creditor.  If you are located within 20 miles of my office, I may be able to refer you to a consumer attorney who handles such matters on contingency. ... Read Answer

When you have difficulty paying debts, you should consider bankruptcy.  there are 2 non bankruptcy alternatives which should also be explored.  One is negotiation which most people find difficult or impossible to do.  Another is doing nothing which may result in a lawsuit by the creditor. Feel free to call or e-mail me on a free initial basis to discuss the facts and which option is right for you. ... Read Answer

No.  Debtor's prisons were abolished a few years ago (in the 1800s). Perhaps this article may be of assistance to you:  http://www.bklaw.com/bankruptcy-blog/2009/07/bankruptcy-debtors-prison/ Mark J. Markus, Attorney at LawCertified Bankruptcy Law Specialist--State Bar of CaliforniaHandling exclusively bankruptcy law cases in California since 1991.http://www.bklaw.com/bankruptcy blog: http://www.bklaw.com/bankruptcy-blog/Follow Me on Twitter:  @bklawr... Read Answer

No, you are not required to have a lawyer represent you.  It may be in your best interest to consult an attorney to protect your rights, but you are not required to hire an attorney. This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.... Read Answer