Stop Credit Damage - Latest Comments

Re: IF THE COURT ASSIGNS ONE OF US FOR PAYMENT OF JOINT ACCOUNT…

gfinder — Sun, 19 Sep 2010 03:25:40 -0000

No, because when the account was opened, you signed a contract with the creditor agreeing to pay. Your divorice does not change the contract that you signed with the creditor.

Re: CAN YOU STOP RESPONSIBILITY FOR PAYMENTS BY NOTIFYING CREDITOR?

gfinder — Sun, 19 Sep 2010 03:23:04 -0000

Yes. There are specific procedures to follow, and appropriate language to use. We have a kit available for download that makes doing this very simple. They are prewritten forms. All you have to do is fill in the blanks with the appropriate information. These are under the "products and services" tab. It's called the "SPAN" kit.

Re: CAN THE OTHER SIGNER ON ACCOUNT BE A FRIEND, SPOUSE, BROTHER…?

gfinder — Sun, 19 Sep 2010 03:20:15 -0000

Yes. The differentiator of a joint account is that 2 people are responsible for the balance instead of one.

Re: CAN YOU REMOVE ANOTHER PERSON FROM JOINT ACCOUNT?

gfinder — Sun, 19 Sep 2010 03:17:04 -0000

Yes. Many find this fact hard to believe but it's true. You will find out soon enough just how possible it is if you take the necessary steps to protect yourself.

Re: SHOULD THE LAWYER HANDLE JOINT ACCOUNT RESPONSIBILITY REMOVAL?

gfinder — Sun, 19 Sep 2010 03:14:13 -0000

No – a lawyer does not take care of removing your responsibility for your joint accounts. He may or may not even advise you on that topic at all. It is completely up to you to be proactive and ensure your credit future will not suffer.

Re: DO I HAVE TO TAKE ACTION TO PROTECT MY OWN CREDIT?

gfinder — Sun, 19 Sep 2010 03:09:43 -0000

Absolutely. As with everything else in life, no one is going to do it for you. The legal system will not protect you and really no one will without charging a substantial fee! We offer inexpensive products here on this site that will help you with the necessary forms and letters you will need for managing joint accounts. Our goal is try and make it easy for individuals to protect their own credit. We provide information and tools to help you "do it yourself"

Re: ARE THERE PROCEDURES FOR PROTECTING MYSELF FROM CREDIT DAMAGE?

gfinder — Sun, 19 Sep 2010 02:58:42 -0000

Yes. Located here on this site is free step by step information on self defense strategies in a divorce. You can also purchase downloadable forms that are preworded, and lawyer reviewed for accuracy that will help individuals manage their joint accounts properly to protect themselves from Credit Damage.

Re: MY CREDIT IDENTITY HAS ALWAYS BEEN WITH SOMEONE ELSE – IS IT TOO…?

gfinder — Sun, 19 Sep 2010 02:55:58 -0000

It is never too late to establish your own credit identity. This is your right as per the Equal Credit Opportunity Act.

Re: IF A CO-SIGNER PROMISES TO PAY HALF OF THE BILLS, WILL I BE …?

gfinder — Sun, 19 Sep 2010 02:54:28 -0000

Yes – you signed a contract with the creditor promising to pay the bills. The creditor doesn't care if you have made a private agreement with the co-signer. The fact is – you are still responsible for the bills.

Re: BILL COLLECTORS CALLING, CAN I DEFER THEM TO EX SINCE HE…?

gfinder — Sun, 19 Sep 2010 01:39:24 -0000

No, because you are still responsible for paying. Unfair, perhaps, but that is reality. So protect yourself before this happens!

Re: AM I ONLY RESPONSIBLE FOR HALF THE AMOUNT ON A JOINT ACCOUNT?

gfinder — Sat, 18 Sep 2010 19:36:28 -0000

No. You agreed to be responsible for the credit; you didn't sign an agreement to pay "half" of the bill or take "half" of the responsibility.