Legal Question in Credit and Debt Law in Massachusetts

Can 5.00 weekly be considered a good faith effort when payjng off a debt, if I am on a fixed income and disabled?


Asked on 1/21/10, 5:15 am

2 Answers from Attorneys
Christopher Vaughn-Martel Charles River Law Partners, LLC

There is no accepted definition for "good faith effort". It may be a good faith effort based on your specific situation, but that doesn't mean a creditor must accept it.

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Answered on 1/26/10, 5:23 am
Daniel Gindes Law Office of Daniel Gindes

Yes. Usually a court will make this kind of order when a person has no real extra money after reasonable expenses are subtracted from income. Should your creditor turn this down, don't be afraid to let the court decide (assuming a case was filed by the creditor).

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Answered on 1/26/10, 5:51 am


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