According to Bloomberg News: Fannie Mae will begin bulk auctions of mortgages, including some sales targeted for non-profit groups and small investors, as Fannie Mae moves to reduce the number of non-performing loans “sour mortgages” on its books. Related Post HELOC – Can the Lender Foreclose in Arizona? HSBC sued by NY Attorney General for […]
Consumers have protections from their creditors, but consumers also have liability to their creditors. Knowing your rights and obligations is the best way to make informed decisions.
On March 10, 2015 the White House announced that President Obama would sign a Presidential Memorandum directing the Department of Education and other federal agencies to work across the federal government to do more to help student loan borrowers afford their monthly loan payments Related Post Sallie Mae Failing to Follow Requirements Student Loan Load […]
Many people ask whether or not a student loan company or SBA creditor can garnish their wages without first obtaining a court order. The answer is “yes”. Related Post What To Do If Your Wages Are Being Garnished
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 […]
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”.
Related Post Consumer advisory: Don’t fall for a foreclosure re… Removing a Judgment after Bankruptcy Court Finds Wells Fargo Obligated to Follow HAMP Short Sale and Foreclosure Frauds Continue Bankruptcy & Consumer Issues Bankruptcy and family size – Unfair treatmen…