Also review all credit card statements right away line by line. Ever cancel a service but the charges keep appearing? Failing to dispute on time waives your rights.
Do not pay back credit card balances out of a 401K. All 401K plans and any ERISA retirement accounts are nearly always entirely exempt from creditors in bankruptcy and otherwise.
Exemption laws offer protection against draining down life savings to pay ever growing credit company interest, fees, charges and other dubious items. Don’t even think about it.
Do not use quickie Internet and big box quickie forms. A form banged out in a distant state is doubtful to meet the legal requirements specified in the ever changing state laws where you live.
You will save money in the long run and save costly legal problems by retaining an attorney to listen to your personal needs and provide the correct documents for you.
Get a receipt for everything. Why not? Should something happen, they’re going to ask if you have one.
Happy New Year! Be safe, be well and be wise.
Andrew Myers of Derry has law offices in Derry and North Andover. He is a member of the American Association for Justice and the New Hampshire Trial Lawyers Association. Send questions to email@example.com.