CFPB vs Morgan Drexen – fraudulent debt “relief” assistance

Consumer Financial Protection Bureau (CFPB)  filed its lawsuit in August 2013, against debt-relief services company Morgan Drexen.  The CFPB alleges, among other things, that  Morgan Drexen deceived consumers into paying unlawful up-front fees for debt relief services by disguising them as fees related to “sham” bankruptcy services. According to an article by Joanna M. Zdanys […]

I Filed a Chapter 7. Why Did the Trustee Take My Business?

Many people assume that their business will not be affected when they file bankruptcy.  They may be very wrong in that assumption.  Why?  The answer is “it depends on the type of bankruptcy filed”. 

Am I Responsible for My Deceased Spouse’s Pre-marriage Debts?

This area of law turns on specific facts.  It is almost impossible to give a single answer for what you may think is a simple question.  First, the law of the state where you live or lived may control.  Second, a prior marriage or debts taken out before the current marriage may affect the answer. 

CFPB Takes Action Against Wells Fargo and Chase for Illegal Mortgage Kickbacks

ILLEGAL MORTGAGE SCHEMES: The Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General took action against Wells Fargo and JPMorgan Chase for an illegal marketing-services-kickback scheme they participated in with Genuine Title, a now-defunct title company.

AZ Supreme Court Clarifies Anti-Deficiency Protection for Residential Property

Is Your Financial Information Safe When Filing Bankruptcy?