I was reading the January/February 2011 issue of Money Magazine when I came across the “Readers to the Rescue Section.” This particular issue’s question was “Is it okay to stipulate in a will how inherited funds may be spend?” First, thing is first, someone’s will is based on the eventual decedent’s testamentary intent, and if…
I received a distressing comment from a reader the other day on my post defining a Default Judgment. Amanda wrote, I have a question there is a judgment against me for not paying a credit card bill. I was enrolled with a co. called REDACTED they were supposed to help me settle my debts but…
On July 22, 2009, New York Attorney General Michael Cuomo filed papers to throw out 100,000 default judgments due to bad service. When I wrote a post way back in December about Default Judgments and How they Affect your Personal Finances I skipped over service of the papers to start a lawsuit. New York Service…
Way back in August of 2008 I wrote a Post about Simple Wills. As you may recall (or just read when you clicked the link) a simple will is usually built as follows: The problem with Simple Wills (again, as I indicated in 2008) is that don’t usually take care of certain items. Specifically, I…
This post is not written to be legal in nature, otherwise it would be a whole heck of a lot more boring, rather I just want to highlight the basics of a Default Judgment and what to do if you find out there is one on your credit report. I have never practiced in this…
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