Debts and Credit
Can a promissory note and payment still harm my credit?
After sending a promissory note and payment of legal tender, can our credit still be ruined by this?
What liability exists for overpayment in a QDRO after divorce settlement?
In a divorce property settlement, it was agreed that the 'coverture' portion of a 401k account was to be divided via a QDRO. In the subsequent QDRO, signed by both parties, the provision was for an amount equal to fifty percent of the total account balance. The QDRO was executed and the funds transferred. 15 months later, the original account holder is demanding funds back as the amount of 'fifty percent of the total' was in excess of 'half of the coverture portion'. As she signed the QDRO after the original property settlement what liability does the other party have to re-pay the difference? Does legal council have any liability for improperly executing the settlement via the wording in the QDRO?
What documents secure a loan to an investor?
What type of documents are needed to ensure that money I loan to an investor is properly secured? I am being furnished by a security agreement that states: Persuant to article 9 of the Uniform Commercial Code. All property (collateral) which shall include all after acquired property of like nature and description and proceeds and products described below: All current and future assets of abc company inc. _all present and future accounts receivables, chattel paper, security agreements, documents, notes, drafts, instruments, general intangibles all of the forgoing including but not limited to all money, deposit amounts, goods, insurance proceeds
and other tangible and intangible property of the debtor resulting from the sale of disposition of the forgoing containing such books and records. The amount of loan will be approximately $2,000,000.
Will my wife be responsible for my credit card debt after I die?
I have cancer. When I die will my wife be responsible for my credit card debt? She is not a Co- signer.
If I execute a Quit Claim Deed to the Mortgage Company am I still liable for the debt?
If I execute a quit claim form to the mortgage company will I be liable for the balance on the mortgage?