• Warning at the end of a Legalzoom TV ad "Legalzoom is not a law firm or a substitute for the advice of an attorney and provides self-help services at your specific direction." This warning lasts [...]

  • Dirty little secret about payday loans - annual percentage rates of 650%. by Kevin Wack OCT 2, 2014 5:22pm ET According to an article in the American Banker, Consumer Finance, "the Pew Charitable Trusts has [...]

  • In 2013 approximately 156,000 older Americans found their Social Security checks garnished for delinquent student loans The other day a caller said "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations [...]

  • Published On: August 30, 2014

    Federal mortgage modification programs designed to expire "when the economy stablizes in 2015". The government is betting the economy will rebound and stabilize in 2015. I want one of those crystal balls. Bully tactics used [...]

  • Angelo R. Mozilo, Countrywide Financial’s co-founder and former chief executive officer, may soon face a civil lawsuit from the Justice Department. This disclosure comes almost seven years after the subprime mortgage machine he created and [...]

  • Mortgage lenders requiring all borrowers to sign a reaffirmation as part of a bankruptcy before agreeing to refinance the loan Wells Fargo and other lenders who have this policy ignore bankruptcy law governing reaffirmation and [...]

  • The fact that debt collection affects one in three Americans is astounding. The other day, a caller said, "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to keep my social [...]

  • FICO to give less weight to unpaid medical bills that are with a collection agency. The other day a caller said “I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to [...]

  • The Attorney General’s office has a wide range of statewide assistance programs funded through the national mortgage settlement that could help those having problems paying their mortgage. The other day a caller said "I used [...]

  • The District Court ruled inherited IRAs are exempt because they retain their character as retirement funds, but the US Court of Appeals for the Seventh Circuit reversed that ruling. With this off the question went [...]