• US Supreme Court May 15, 2017: Resolving a split of circuits, the Supreme Court held 5/3 in Midland Funding LLC v. Johnson  6-348 (Sup. Ct. May 15, 2017) that a debt collector who [...]

  • How to Rebuild Your Credit Feel like you are stuck and cannot find a way out? Are you overwhelmed by financial challenges?  Do you want to rebuild your credit?  Many people try to [...]

  • Congress instructed the IRS to use private debt-collectors to collect overdue payments from taxpayers, despite this idea being a complete failure in 1996 and 2006 Debt Collectors abusive shakedown April, 2017 - according [...]

  • Bank of America Hit with $45 Million in Punitive Damages for Bankruptcy Stay Violations In re: Sundquist v. Bank of America, NA | Bank of America Hit with $45 Million in Punitive Damages for Stay [...]

  • Published On: April 17, 2017

    What is a Judgment Debtor’s Examination The following applies to Arizona lawsuits and collection rights. When a creditor sues and obtains a judgment there are several options available in order to collect on the judgment.  [...]

  • Credit Reports to Exclude Certain Negative Information, Boosting FICO Credit Scores by AnnaMaria Andriotis at The Wall Street Journal As a result of increasing pressure from Consumer Financial Protection Bureau and other regulatory concerns, the [...]

  • Thousands of student loan approval letters from FedLoan Servicing are not binding and can be rescinded at any time. According to a New York Times article “more than 550,000 people have signed up for a [...]

  • 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,” [...]

  • Student Loans Rising Faster Than Most Expected March, 17, 2017: According to the Washington Post article Student Loan Defaults Are Rising Faster than you Think – “a new analysis of federal student loans reveals that [...]