• Con artist threaten to have you arrested or garnish your paycheck unless you pay a debt. More than $221 billion of these loans at the largest banks will hit this mark over the next four [...]

  • Published On: September 28, 2013

    Robert Naugles prepared his own bankruptcy so thought he would charge others for preparing their documents. Sanctioned by Bankruptcy Court. Naugles assumed "the courthouse staff would point out any errors." NOTE - the Court staff [...]

  • Frank Becerra Campos, 66, of San Diego, defrauds Arizona Latinos in a mortgage rescue scam. Collected at least $669,743 in up-front fees “in exchange for loan modification services they utterly failed to provide.” By [...]

  • Published On: September 11, 2013

    Big banks settle: to Pay $8.5 Billion to settle claims of wrongful foreclosure actions. Aurora Bank, Bank of America, Citigroup, J.P. Morgan Chase, Wells Fargo, Sovereign Bank, MetLife, US Bank, SunTrust, and PNC agree to [...]

  • Published On: September 5, 2013

    Debt buying is really big business – buyers paying three cents on the dollar. Encore Financial, one of the largest credit card debt buyers, paid $562 million for $18.5 billion of debt last year, or [...]

  • Scam letter from Fresh Start, based in New York, requires as much as $5,200 up front from a homeowner. According to the Arizona Attorney General "This is a blatant violation of Arizona law.” Article from [...]

  • Lawsuit claims Bank of America that gave bonuses to employees to lie to homeowners and to foreclose on homes. The answer is "yes" Bank of America rewards employees for lying and putting borrowers into [...]

  • Published On: August 28, 2013

    Citigroup to Pay Fannie Mae $968 Million and BofA to pay $10.35 Billion as a result of faulty mortgages. The answer is "yes" Citigroup said on July 1, 2013 that it had agreed to pay [...]

  • Published On: August 26, 2013

    Sallie Mae Accused of Overcharging Military Personnel on student Loans The answer is “yes” Servicemembers Civil Relief Act caps interest on loans to military personnel at 6 percent, along with providing protections against default judgments [...]

  • Published On: August 26, 2013

    Keeping Kids in their Home Foundation is a scam. “Someone should never deed their house over to anyone without the bank‘s consent. These guys are predators. It’s just sad and disgusting.” The answer is "yes" [...]