Legal Question in Credit and Debt Law in California

Rule 3.740 collections lawsuit

Hi, my financial situation has imploded in the past 6 months and I owe Discover card approx. $12,000. They have filed a Rule 3.740 lawsuit against me in El Dorado County, California. I am a student and the only asset I have is a 1/4 interest in my permanent home in El Dorado County. I am concerned about losing my home. I am looking for an attorney to give me advice on the process and to let me know if my home can be forced to sell even if other people are on the deed. Any help will be appreciated. I have been searching for help to no avail.

Thanks,

Elaine


Asked on 9/23/08, 7:50 pm

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

Re: Rule 3.740 collections lawsuit

If there's any other debt, you might consider bankruptcy, or working out a discounted repayment arrangement with Discover's lawyer.

Read more
Answered on 9/24/08, 12:54 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in California