• 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. [...]

  • legal services

    Am I Responsible for My Deceased Spouse’s Pre-marriage Debts?

    Published On: February 3, 2015

    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 [...]

  • CFPB Takes Action Against Wells Fargo and Chase for Illegal Mortgage Kickbacks

    Published On: January 26, 2015

    Wells Fargo and Chase to Pay $35.7 Million After Loan Officers Illegally Traded Referrals for Cash and Marketing Services ILLEGAL MORTGAGE SCHEMES: The Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General took action [...]

  • student loan

    Is Your College Offering Checking & Pre-paid Accounts with Tricks and Traps?

    Published On: January 17, 2015

    “Safe Student Account Scorecard” that would help colleges to avoid partnering with financial institutions that offer checking and prepaid accounts with tricks and traps. Helping a client protect important assets before filing bankruptcy has always [...]

  • Loans with handcuffs

    Increase in Vehicle Title Loans Disasterous for the Poor

    Published On: January 1, 2015

    Vehicle title loans are a “form of indenture” with interest rates 80 percent to over 500 percent. The hardships caused by title loans are being cited as one of the big challenges facing poor and [...]

  • Stories From a Bankruptcy Attorney – the good, the bad and the moronic.

    Published On: December 24, 2014

    As an Arizona attorney with more than 25 years experience in bankruptcy and foreclosure I see people making desperate economic decisions they later regret. I deal with this behavior by mumbling under my breath (and [...]