• Grandfather and child

    Too Poor to File Bankruptcy – a New Class of Americans

    Published On: May 8, 2015

    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? [...]

  • foreclosure sign

    Another Loan Workout Nightmare, plus Resources for Saving Your Home: Arizona

    Published On: April 26, 2015

    Hundreds of thousands of people try to save their homes are defrauded by “mortgage modification” and other scams. Desperate people find themselves and their family on the street after trying [...]

  • credit reports

    Bankruptcy stays on your credit report even if dismissed

    Published On: April 21, 2015

    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 [...]

  • house made of money

    CFPB Issues Guidance on Housing Counselor Requirements

    Published On: April 15, 2015

    Why Do Some Law Firms Act Like Used Car Sales Lots? The Consumer Financial Protection Bureau (CFPB) (4/15/15) issued a final interpretive rule on how to provide mortgage applicants with a list of local homeownership [...]

  • bankruptcy

    CFPB Launches Massive Lawsuit – Debt Collectors, Payment Processors and others

    Published On: April 9, 2015

    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 Aid Bill of Rights – March 10, 2015

    Published On: March 21, 2015

    Federal agencies to do more to help borrowers afford their monthly student loan payments. Why Do Some Law Firms Act Like Used Car Sales Lots? On March 10, 2015 the White House announced that President [...]

  • garnish wages

    Garnishment of Wages – Administrative Actions

    Published On: March 19, 2015

    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 [...]

  • CFPB vs Morgan Drexen – fraudulent debt “relief” assistance

    Published On: March 15, 2015

    Morgan Drexen accused of deceiving consumers by charging fees related to “sham” bankruptcy services Consumer Financial Protection Bureau (CFPB)  filed its lawsuit in August 2013, against debt-relief services company Morgan Drexen.  The CFPB alleges, among [...]

  • Using house as a credit card machine

    Increase in Credit Card Debt & Risky Home Loans

    Published On: March 13, 2015

    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 [...]

  • debts

    Richard S. Berry, Why Pay a Lawyer, Pleads Guilty to Bankruptcy Fraud

    Published On: February 27, 2015

    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. [...]