How to Settle a Warrant in Debt

What’s the Best Way to Try to Settle a Warrant in Debt?
Do you want to avoid garnishment (and avoid bankruptcy) by negotiating your warrant in debt?  I get asked about that a lot. So here’s my best advice.
Go to court and Ask for a Trial
It doesn’t hurt to offer to settle before the court date, but low ball them. They will think you are scared to go to court, so they have no reason to make a good offer.

Eleven Weeks After Discharge

It’s Already Three Months Since Your Bankruptcy Discharge
How are you doing? Did bankruptcy work out the way you expected? Are you in control of your life, now?
I claim that after bankruptcy you will sleep better, you’ll be happier, your credit score will go up. Has that turned out like I said? I’d like to hear from you.

When Does the Postal Service Deliver Your Chapter 13 payment?  

How Quickly Does the Postal Service Deliver Your Chapter 13 payment?
When you are in Chapter 13, you need to make your monthly trustee payments on time–especially in the first four months of the case. So it doesn’t help that our Chapter 13 Trustee in Alexandria, Thomas Gorman, gets his payments at a bank in Memphis.

Chapter 7 Trustee Kevin McCarthy

Chapter 7 Trustee Kevin McCarthy
Kevin McCarthy is one of the four Chapter 7 trustees in the Alexandria, Virginia, Bankruptcy court. When you file a bankruptcy case in Alexandria, the computer assigns you to one of the four trustees.

Will Your Credit Score Improve a Year After Bankruptcy

Shocking Results: Credit Scores Drop the First Year After Bankruptcy
 

UPDATE OFFERS IN COMPROMISE (“OIC”) FOR SBA EIDL LOANS 04-22-2025

 OFFER IN COMPROMISE (“OIC”) FOR  SBA EIDL LOANS UPDATEIs the SBA accepting OIC applications for SBA EIDL loans? If you search online, you'll find conflicting answers.

Why is Bankruptcy Better for Your Credit Score than “Debt Consolidation”

“Now I can’t even rent an apartment”
Chuck, not his real name, talked to me last month about filing bankruptcy. He’d been trying to “resolve” his debts through one of the newer debt settlement outfits, Five Lakes.  

Pages

Subscribe to Bankruptcy Resources RSS