http://www.lawserver.com/forums/ LawServer Forums Tag: debt en Sun, 26 May 2013 09:36:10 +0000 http://www.lawserver.com/forums/topic/responsibilities-toward-estranged-spouse#post-13122 Tue, 21 May 2013 15:19:36 +0000 Anonymous 13122@http://www.lawserver.com/forums/ <p>husband &#38; I living apart - what obligations do I have toward him? </p> http://www.lawserver.com/forums/topic/can-a-daughter-be-held-responsible-for-her-fathers-restitution#post-3615 Mon, 14 Jan 2013 15:57:50 +0000 Anonymous 3615@http://www.lawserver.com/forums/ <p>My father was charged with Conspiracy to Pass and Utter Counterfeit Obligations of the United States in the state of North Carolina. He entered a plea agreement in which he received a 8 month sentence, supervised release of 3 years, special assessment of $100, and restitution in the amount of $59,900. Upon completion of the term of imprisonment, my father was surrendered to a duly-authorized immigration official for deportation in accordance with established procedures provided by the Immigration and Naturalization Act. He was a legal resident, and due to the amount of the restitution being over $20,000, he was sentenced to be deported. He tried to lower his restitution but was denied. So he would not be incarcerated until he was sent to his home country, we bought his ticket and left by the date the court allowed to leave. While incarcerated, he signed a payment agreement for his restitution to pay $50 a month for his 3 year probation. Before leaving, he wanted to make sure his family would still have a place to live, and transfered the deed of the house to my name, and my mother's name. All the bills were also changed over to my mother's name. Now me and my mother were subpoena to testify at a deposition in a civil action that was against my father in federal court. We were explained that the transfer of the deed of the house was considered a fradulent conveyance, and they have the right to take the house to sell it and collect the money for the restitution. They explained they wanted to work with us and figure out a solution. Unable to obtain an attorney, we went back to the deposition and we were offered a settlement agreement, and also to have to sign a Promissory Note and a Deed of Trust for the property. The terms of the agreement would be a 3 year period, the house would have to be put on the market, monthly payments of $100 would still have to be made throughout the 3 year period. If the house is not sold by the 3 year mark, another extension can be made to the settlement, but there is no way to confirm that would happen. They could also decided after the 3 years if the house is not sold, to forclourse on the house. If the house is sold, and the restitution is not paid in full, we would have to continue to make a monthly payment until the debt is paid off. I am confused to what would be the best solution to the issue, I am 22 years old and do not believe taking on this big of a debt would be worth it. Is there any other solutions that can be made that maybe they are not wanting to say. If I do not take the agreement can any charges fall on my and my mother? Since the deed of the house is under my name and my mother's, if we just walk away from the house, can they be put on my credit? any advice would help </p> http://www.lawserver.com/forums/topic/credit-card/page/4#post-213 Wed, 24 Mar 2010 15:58:23 +0000 steve 213@http://www.lawserver.com/forums/ <p>Failing to repay debts is not a crime, and cannot be punished with a jail term. The best first step is to contact your creditors to explain your situation. Most creditors will work with you to agree on a a payment plan that is affordable and gives you some breathing room. Read more on LawServer about <a href="http://www.lawserver.com/workout-agreements">workout agreements</a>. </p> http://www.lawserver.com/forums/topic/credit-card/page/4#post-212 Wed, 24 Mar 2010 12:52:36 +0000 Anonymous 212@http://www.lawserver.com/forums/ <p>is there a possibility y that you will be put in jailed if you can't pay your debt?<br /> if you are having difficulty in paying credit?.. what should you do? </p>