Richard Alderman's archive

You still owe after account ‘write off’

Q. I had a credit card account that was written off several years ago. I have now received a letter from a debt collector stating that if I don’t pay, I will be sued. How do I owe any money if the account was written-off? Should I just ignore this?

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Breaking up is hard to do

Q. My boyfriend and I bought a house two years ago. We recently broke up and he kept the house. He has been late on the mortgage payment, and the bank is now calling me. How do I get my name off this loan?

A. The simple answer is that you can’t get your name removed from the loan unless he refinances in his own name or the bank agrees to release you. The fact that you are no longer together is between you and your boyfriend. It does not affect your liability to the bank.

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Texas Consumer Complaint Center can help you

Q. I remember reading about an organization at the University of Houston Law Center that can help with consumer problems. Can you please give me its name?

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