• According to a report from the Consumer Financial Protection Bureau ‘CFBP’ Experian is fined $3 Million for Deceiving Consumers Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Experian and its [...]

  • Published On: April 3, 2017

    Subprime Vehicle Loans are Skyrocketing Subprime vehicle loans – according to an article in Automotive News and Bloomberg “about a third of the risky car loans that are bundled into bonds are considered “deep subprime,” [...]

  • Bank of America and JP Morgan Chase finally agree to properly identify debts discharged in bankruptcy. According to an article in the New York Times, Bank of America and JP Morgan Chase are finally agreeing [...]

  • To Poor to File Bankruptcy: Hundreds of thousands of Americans are hounded mercilessly by debt collectors, but unable to afford to file for bankruptcy. Why Do Some Law Firms Act Like Used Car Sales Lots? [...]

  • A Bankruptcy stays on credit report for ten years, even if the Bankruptcy was Dismissed (not completed). But is stays on your public record forever. Filing bankruptcy is like having [...]

  • Debt Collectors Sued for Fraudulent Activities Debt collectors accused of harassing consumers about “phantom” debts. According to an article in the American Banker, by Rachel Witkowski ,  4/9/2015, The Consumer Financial Protection Bureau “CFPB” has [...]

  • A student loan company or SBA creditor can garnish borrower’s wages without first obtaining a court order. The answer is “yes” Many people ask whether or not a student loan company or SBA creditor can [...]

  • Increased Credit Cards and Risky Home Loan Reach Highest Levels Since 2008 The answer is "yes" Credit card debt and risky home loans increase According to an article in ACC International (an Association of Credit [...]

  • Richard Sylvester Berry (disbarred lawyer and felon), Why Pay a Lawyer, admits to defrauding clients (again). Richard S. Berry, Why Pay a Lawyer, admits to committing bankruptcy fraud. This is not the first time Mr. [...]

  • Warning: Laws governing situations differ state to state. Make sure to talk to an experienced attorney about your unique circumstances. NOTE: This is not intended to be legal advice. This area of law turns on [...]