• hand holding clay house, bound with chain

    Mortgage Reaffirmation “Required” is Bogus

    Published On: August 19, 2014

    Mortgage lenders requiring all borrowers to sign a reaffirmation as part of a bankruptcy before agreeing to refinance the loan Wells Fargo and other lenders who have this policy ignore bankruptcy law governing reaffirmation and [...]

  • statute of Limitations

    35% of All Americans are Faced With Claims From Debt Collectors

    Published On: August 17, 2014

    The fact that debt collection affects one in three Americans is astounding. The other day, a caller said, "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to keep my social [...]

  • man holding sign "Preditory lending evil"

    When a Vehicle Loan Is the Tipping Point to Bankruptcy

    Published On: August 11, 2014

    Predatory auto lenders have long preyed on low-income consumers falsifying the borrower’s income information without any regard to the borrower’s ability to pay the loan. The other day a caller said "I used a document [...]

  • FICO Credit Score Calculations Changing for the Better

    Published On: August 8, 2014

    FICO to give less weight to unpaid medical bills that are with a collection agency. The other day a caller said “I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to [...]

  • foreclosure

    Consumer advisory: Don’t fall for a foreclosure relief scam or bogus legal help

    Published On: July 25, 2014

    'CFPB Files Suits for Operations that Used Deception and False Promises to Collect More than $25 Million in Illegal Fees from Distressed Homeowners. This is just a drop in the bucket compared to the amount [...]

  • Feds Announce Litigation Against Law firms for Deceptive Loan Modification Practices

    Published On: July 25, 2014

    Litigation against law firms, greedy attorneys, affiliated companies and others that claimed to perform work on behalf of homeowners struggling to pay their mortgages. The other day a caller said "I used a document preparer [...]

  • $16.2 Million Jury Verdict Against PHH Mortgage for Botched Loan Modification

    Published On: July 19, 2014

    PHH suffered one outrageous atrocity after another on the homeowner. Jury disgusted and awarded a $16.2 million. The other day a caller said "I used a document preparer or bankruptcy petition preparer. Certainly they have [...]

  • Root of all Evil: Credit has Taken the Place of Money

    Published On: June 23, 2014

    Forgive Us Our Debts as We Forgive Our Debtors: Bankruptcy and the Bible Root of all Evil: Credit has Taken the Place of Money Dalton Camp proclaimed many years ago that, "having lost its value, [...]

  • debt collector

    Debt Collection Surveys to be Mailed to Consumers

    Published On: March 13, 2014

    The Consumer Financial Protection Bureau wants to hear from you to learn about your experiences with the debt collection industry. The other day a caller said "I used a document preparer or bankruptcy petition preparer. [...]

  • National City Discriminatory Loans Costs $35 Million

    Published On: December 24, 2013

    National City Bank to pay $35 million for overcharged black and Hispanic borrowers on mortgages from 2002 through 2008. National Bank is now PNC Financial Services Group. National Bank charged with discrimination. Federal [...]