• Should an employer run credit reports on potential new employees? Dec. 17, 2013 Does a person's credit situation really reflect their ability to do a job? U.S. Sen. Elizabeth Warren, a Massachusetts Democrat, introduced legislation [...]

  • Once a bankruptcy is filed there is no magic wand to make it disappear. Bankruptcy stays on your credit for ten years - whether or not you complete the process. In re T. Khan, BAP [...]

  • Published On: December 21, 2013

    Diane L. Drain to be featured speaker on "Demystifying Current Real Estate Problems. The other day a caller said "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to keep my [...]

  • Published On: November 29, 2013

    Cash America International, Inc., one of the largest payday lenders in the country, to pay $19 Million.. The company agreed to reimburse up to $14 million related to debt collection lawsuits and $5 million penalty [...]

  • Published On: November 6, 2013

    Debt collectors face new rules under proposal from Consumer Financial Protection Bureau (By Danielle Douglas, Published: November 5) According to the Washington Post: the government is preparing restrictions on debt collectors, a loosely regulated industry [...]

  • Diane Drain Selected as Top Valley Consumer Attorney. Diane receives perfect 10 out of 10 in reviews at AVVO. Diane L. Drain, bankruptcy attorney, retired law professor, mentor and community spokesperson. North Valley [...]

  • Published On: October 2, 2013

    Credit card issuers face limits on fees and greater disclosure requirements as CFPB pledges more scrutiny after a 2009 law that revamped regulation of the business. Bully tactics used to scare or coerce buyers. October [...]

  • The US Justice Department and a few brave judges are becoming very aggressive about the abuses large banks have suffered on their customers. Judges slam Wells Fargo Bank and Bank of America for their abusive [...]

  • Published On: September 28, 2013

    Small bank mistakes result in blacklisting more than a million low-income Americans from being able to get a checking account for years. More than $221 billion of these loans at the largest banks will hit [...]

  • Published On: September 28, 2013

    Robert Naugles prepared his own bankruptcy so thought he would charge others for preparing their documents. Sanctioned by Bankruptcy Court. Naugles assumed "the courthouse staff would point out any errors." NOTE - the Court staff [...]