Even if You Are in Prison – File Required Bankruptcy Documents or Your Case Will Be Dismissed.
In prison? If You Are Going to File Bankruptcy, You Must Follow the Rules – No Exception. In re Harrell, BAP No. EC-20-1091-BTL (9th Cir BAP, 3-20-21) Harrell is incarcerated at Folsom State Prison in California. He filed a “skeletal” chapter 7 bankruptcy case on [...]
CFPB Cracking Down on Mortgage Servicers
CFPB Compliance Bulletin Warns Mortgage Servicers: Unprepared is Unacceptable Servicers Should Gear Up for Expected Surge in Homeowners Needing Assistance (April 1, 2021 – reprint from CFPB) The Consumer Financial Protection Bureau (CFPB) today warned mortgage servicers to take all necessary steps now to prevent [...]
Bankruptcy Related Changes Under CARES Act and Consolidated Appropriations Act
Bankruptcy Related Changes Under the CARES Act and the Consolidated Appropriations Act of 2021 February 9, 2021 By Andreozzi Bluestein LLP By: Daniel F. Brown, Esq. (provided here for educational purposes only). The Consolidated Appropriations Act of 2021 The Consolidated Appropriations Act of 2021 (the “Appropriations [...]
Stopping Unlawful Debt Collection Practices, CFPB 2020 Report
CFPB Submits 2020 Report to Congress on the Administration of the Fair Debt Collection Practices Act Report highlights commitment to protect consumers during the COVID-19 Pandemic The Consumer Financial Protection Bureau (CFPB) released the 2020 annual report to Congress on the administration of the Fair Debt Collection Practices Act [...]
You will not lose your 2021 Stimulus Payments if you File Bankruptcy (Maybe?)
Protection of Stimulus Payments from a Bankruptcy Trustee The following is from the NCLC Consumer Law Implications of the American Recovery Plan Act Public Law No. 116-260, Consolidated Appropriations Act of 2021, div. FF, tit. 10, § 1001(a) adds a new Bankruptcy Code § 541(b)(11) to the list of [...]
You Have a Reverse Mortgage: Know Your Rights and Responsibilities
You have a reverse mortgage: Know your rights and responsibilities Publication from Consumer Financial Protection Bureau "CFPB". Reverse mortgages can be a nightmare, leaving your spouse evicted from their home once the signing spouse dies. This in-depth guide teaches current reverse mortgage borrowers about their rights and responsibilities under [...]
With Protections Expiring, Millions are in Danger of Losing Their Home
With Protections Expiring, Millions are in Danger of Losing Their Home by: Jann Swanson Mortgage News Daily, Mar 2 2021, 9:17AM (Reprint for education purposes only) What happens to homeowners and landlords when the federal, state, and local protections put in place during the pandemic [...]
Millions Are Hounded for Debt They Don’t Owe
A powerful story from one man who refused to be bullied to one of the devious debt collectors: Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance Article by Zeke Faux, Bloomberg Business week. Andrew Therrien wanted payback. He got it—and uncovered a [...]
Avoid COVID Mortgage Relief Scams
If you are behind on your mortgage, beware of mortgage relief scams. There is free foreclosure help. If anyone tries to charge you in advance for help or guarantees that they can stop your foreclosure, they’re not legitimate. Here are some red flags that can [...]
FTC Bans Payday Lenders: Harvest Moon, Gentle Breeze and Green Stream. Forgives Illegal Debt
FTC Bans Payday Lender and Forgive Illegal Debt – Lead Express, Inc.; Camel Coins, Inc.; Sea Mirror, Inc,; Naito Corp.; Kotobuki Marketing, Inc.; Ebisu Marketing, Inc.; Hotei Marketing, Inc.; and Daikoku Marketing, Inc.From Industry Owners, operators of tribal payday lending scheme settle charges they defrauded [...]