Stephanie Lane has been a licensed attorney
in Ohio for fourteen years, practicing before federal, state and local
courts. She is co-founder and partner of a boutique Cleveland law firm
that concentrates in such areas as contract disputes, employment and civil
rights, foreclosures and collections, and landlord-tenant issues.
She has assisted financially-challenged individuals and businesses in obtaining
satisfactory debt workouts, mortgage loan modifications, and bankruptcy
relief. Before entering private practice, she interned for two years with the
Ohio Civil Rights Commission. She graduated from the University of Akron
with a B.A. in Public Speaking and Interpersonal Communications, magna cum
laude, in 1995, and earned her law degree (J.D.) in 1998 from Case Western Reserve
Find Stephanie at Schmelzer & Lane LLC. Stephanie can also be found on google+, Nolo, & Alllaw.
Articles By Stephanie Lane
Once a mortgage lender gets a deficiency judgment against you, it can then collect on that judgment.
Question How long does a creditor have to collect on a judgment against me? Answer That depends on the laws of your state, and the method that the creditor uses to try and collect on that judgment. Usually, judgments are valid for several years before they expire or “lapse.” In some states, a judgment
If the statute of limitations—the time period in which a creditor must sue you—has run on an old credit card debt, a collection agency can still contact you and ask you to pay up. Read on to learn what the statute of limitations is, and why the creditor or collector can still demand payment from you.
Whether a debt collector can leave a message on your answering machine depends on whether others could hear the message and what the collector said.
I am less than two months behind on my car payments. However, the bank repossessed my car today. They never gave me notice that they were going to repossess the car.
If your car is repossessed, the lender must give you certain notices after the repossession and after it sells the car. But in most cases, it doesn't have to give you notice before repossessing the vehicle.
If a car lender sues you for a deficiency after repossessing your car, you might have some defenses to the lawsuit.
Learn about your options for getting your car, van, truck, or other vehicle back after it's been repossessed.
If you default on your car loan payments, the lender can take your car back through repossession or replevin. Learn the difference.
If your car is repossessed, you might be able to get it back through redemption or reinstatement. Most states allow you to redeem your car (pay the full balance due, plus costs and fees).