• graduate trying to pull huge student loan weight

    CFPB Takes Action to End Student “Debt Relief” Scams

    Published On: December 15, 2014

    College Education Services and Student Loan Processing are charged with illegal advance fees. Accused of student loan fraud by falsely promised lower payments; falsely claimed quick relief from default or garnishment. STUDENT LOAN FRAUD - [...]

  • CFPB Proposed changes to our Mortgage Servicing Rules

    Published On: November 24, 2014

    The Consumer Financial Protection Bureau "CFPB" is proposing additional measures to ensure that homeowners are treated fairly by mortgage servicers. Helping a client protect important assets before filing bankruptcy has always been seen as appropriate [...]

  • The Seamy World of Debt Collecting

    Published On: November 19, 2014

    Real life look into the seamy world of debt collecting and the shady characters at the center of the multi-billion dollar business. In fact, many of the debt collectors were drug dealers in their past [...]

  • What is a Zombie Debt? Banks Are Subverting Bankruptcy Protection.

    Published On: November 16, 2014

    United States Trustee investigating Chase, Bank of America, Citigroup and Synchrony Financial (formerly GE Capital Retail Finance) for selling "zombie debts". These so called "zombie debts" are debts that cannot be killed even by declaring [...]

  • The Affluent Borrowing More Student Loans

    Published On: October 13, 2014

    Students from affluent families are taking out college student loans at twice the rate of two decades ago The other day a caller said "I used a document preparer or bankruptcy petition preparer. Certainly they [...]

  • Why Using Self-Help Like Legalzoom is Dangerous

    Published On: October 12, 2014

    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 [...]

  •

    Abuses in Online Payday Lending Are Widespread

    Published On: October 5, 2014

    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 [...]

  • COLLECTOR

    Flagstar Bank to Pay Homeowners 27.5 Million For Illegal Acts

    Published On: September 30, 2014

    Flagstar Bank admits to unlawful practices that caused many consumers to lose the homes they were trying to save. "That is wrong and unacceptable." Bully tactics used to scare or coerce buyers. September 29, 2014 [...]

  • Police Officer Delivering Warrant Icon

    Scam Arrest Warrants: Normally You Cannot Be Arrested for Not Paying Your Bills

    Published On: September 27, 2014

    FAKE ARREST WARRANTS ISSUED BY DEBT COLLECTORS The other day a caller said "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to keep my social security number confidential?" [...]

  • Picture of Elizabeth Warren

    Fed. Student Loans Able to Garnish Social Security

    Published On: September 1, 2014

    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 [...]