Recent content by vgmhilliard

quick question - probably not exactly legal but sort of drawing on real life experiences - do you think creditors are less likely to sue/try to get a judgement when they see the debtor lives abroad, has no job in the US, and has no assets in the US? Or is it largely irrelevant?

I am not in the legal profession but I am VERY familiar with how stock market works. What is happening to you is the BEST case scenario (when a penny stock that you forgot about suddenly starts raking in massive profits) happening at the WORST time when your partners can essentially strip you...

I am sorry to ask this question - but I thought if there is a no-show on the other side, the case is automatically dismissed..... Am I missing something?

Ladynred, many thanks for your kind explanation. Quick question here - and please slap me on the wrists if it sounds as an irrelevant one here :) - you mentioned "YOU must pay the bill"... What generally happens if you CANNOT, meaning there is no money in your bank account, you own no property...

Please do not be hard on yourself. Unlike roulette/gambling, markets CAN be consistently beaten. Trading is NOT entirely gambling if you focus on identifying patterns which have high odds of delivering. However, even the highest odds are ODDS and here comes the gambling component. the...

Ladynred, I will tell you how :( You apply and get accepted to a Top 10 Business Schools in the world. You automatically become one of the "golden boys" and lenders queue up trying to pay for your tuition and living expenses.... 2 years in Biz School and you are already 100-200K in debt. But...

Ladynred - excuse my ignorance - what exactly is "nailing with arbitration"? Does the fact that I reside outside US have any bearing on this arbitration drill? Many thanks in advance!

Ladynred, about a year and a half. This is probably irrelevant, but prior to that I'd been paying on that debt for 3+ years, never late and without a glitch.

Dear Sir, Firstly, many thanks for your post. It is a really good advice! However, I have to admit, in a way your post made me even more concerned. What is this mysterious "security clearance" that everyone is referring to? Honestly, I was tending to think that it was sort of made up by the...

What is the name of your state? CA A quick question if you do not mind. I have recently phoned MBNA (Loans) to update on the status of my debt with them (slightly above USD 12,000) and was transferred to ACB American who apparently have been handling my debt. I was put through by MBNA...

a couple of thoughts my post here is not a legal one. it is a personal advice. NEVER be consumed with guilt and shame. What have you done? You did not kill anyone on the street, you did not bomb a village flat from the safety of your plane, you did not make anyone starve. Listen to me, I am a...

final thing Ladynred - many thanks for your comment. Last question - I promise I will stop pestering you :) . From a technical perspective, how does a person with an outstanding bench warrant gets in the nick when he is pulled over by a copper? Obviously the copper enters person's name into...

just a clarification please Ladynred - I know I asked these questions before and you provided detailed explanations. I am sorry to go back to the same story - but would you mind clarifying it to me? I was under the impression from your previous posts that 1) if you have a bank account NOT...

not surprised I would very much appreciate a detailed answer on this as well as most of my debts are in CA. I am not at all surprised debt negotiation programmes are not too helpful. I am getting 10+ messages in my yahoo bulk folder every week "offering" debt negotiation. I have to say they...

fraud? please correct me if I am wrong but that is the hardest fraud charge to pursue ..... especially if you made payments on your purchases and did not run to Paraguay with the goods bought.....Sounds to me as complete b*llocks - actually in any jurisdiction.....