How to Protect Yourself Financially During COVID-19 Crisis

By CFPB – MAR 16, 2020 (the following is a reprint from Consumer Financial Protection Bureau’s website) Federal, state, and local governments are working to respond to the growing public health threat of coronavirus, or COVID-19. As communities across the country are dealing with an increase in the number of reported cases, many areas may […]

Arizona Evictions Postponed 120 Days for Tenants – COVID-19

Executive Order, 2020-14 – Postponement of Eviction Actions for 120 days, BUT ONLY UNDER CERTAIN CIRCUMSTANCES.

Scams on Seniors – COVID-19 and More

DO NOT FALL FOR SCAMS – CURRENTLY THERE IS NO CURE FOR COVID-19 (RESOURCES FOR SENIORS) Attorney General Brnovich and Senator Sinema Issue Warning Regarding New COVID-19 Senior Scams PHOENIX (the following is a reprint from the Attorney General’s website) – Attorney General Mark Brnovich and Senator Kyrsten Sinema are teaming up to remind Arizona […]

Tax Day Deadline Moved for Filing 2019 IRS Taxes

According to the IRS: Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed. IR-2020-58, March 21, 2020 – The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.

New Law to Protect Employees During the COVID-19 Crisis

Families First Coronavirus Response Act  became law March 18, 2020 Two parts of this Act that effect us today: Emergency Family and Medical Leave Expansion Act

Federal Home Loans, Foreclosures and COVID-19

As of 3/20/20: NOTE THE FOLLOWING ARE FEDERAL LOAN PROGRAMS and DON’T APPLY TO PRIVATE or CONVENTIONAL LOANS: A list of what the different federal lenders are doing in regard to foreclosures:

Protecting Renters and Homeowners During COVID-19

Announcement from NCLC:  The COVID-19 pandemic has caused widespread disruption in the daily lives of millions of people worldwide, and the hardest hit are the vulnerable people, families, and communities at the core of NCLC’s mission, and likely at the heart of our everyday life.

Free Advice for Arizona Tenants Facing Eviction

With Hello Landlord, tenants and landlords can work together to resolve issues before eviction. When tenants stay in their homes, landlords save money and communities are more stable. In order to develop Hello Landlord, we surveyed tenants, landlords, social services, government agencies, lawyers, judges, and court staff to create Hello Landlord. We found that in […]

Debt Collectors Trick You into Bringing Old Debts Back to Life

LAWS THAT PROTECT THE BORROWER – UNTIL THEY DON’T. DEBT COLLECTORS TRICK CONSUMERS INTO BRINGING DEAD DEBTS BACK TO LIFE. There are legal protections for the consumer if a creditor does not take steps to collect a debt in a certain period of time – referred to as the statute of limitations (in Arizona, depending […]

Seniors Saddled With Student Loans

Older student loan borrowers quadrupled since 2005 According to a report by the Consumer Financial Protection Bureau (CFPB.gov) The number of consumers age 60 and older with student loan debt has quadrupled over the last decade in the United States, and the average amount they owe has also dramatically increased. In 2015, older consumers owed […]

Tenants and Bankruptcy

Beware Student Loan Debt Relief Scams

CFPB FILED LAWSUIT AGAINST CHOU TEAM REALTY, LLC, MONSTER LOANS, DOCUPREP CENTER, DOCS DONE RIGHT, AND SEVERAL MORE ENTITIES.  ALSO, BILAI ABDELFATTAH, BILL ABDEL, THOMAS CHOU, SEAN COWELL, ROBERT HOOSE, EDUARDO MARTINEZ, JAWAD NESHEIWAT, FRANK ANTHONY SEBREROS and DAVID SKLAR As described in the complaint, the Bureau alleges that between 2015 and 2017, Monster Loans […]

IRS Guidance for Discharged Student Loans Due to Settlements

IRS Ruling for certain discharged debts IR-2020-11, January 15, 2020 WASHINGTON — The Internal Revenue Service and Department of the Treasury issued Revenue Procedure 2020-11 (PDF) that establishes a safe harbor extending relief to additional taxpayers who took out federal or private student loans to finance attendance at a nonprofit or for-profit school.

Student Loans & Bankruptcy – Interview with Diane Drain and Bobby Zavala

LAWGITIMATE Attorney Diane Drain and Bobby Zavala with University of Dubuque Diane Drain established her law firm in 1991 in order to provide education for those facing financial troubles. She believes that basic legal advice should be free and her commitment is to help her clients get their lives back on track. Her greatest reward […]

Debtors Abused by the Bankruptcy System

Bad, lazy or greedy attorneys fail to warn clients about the problems they could face in bankruptcy. People in financial distress look to attorneys for help and guidance.  They assume their attorneys care more about them than about the attorney’s bank account.

Supreme Court – Statute of Limitations under FDCPA

Holding: Statute of limitations begins to run when the alleged FDCPA violation occurs, not when the violation is discovered.

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OCWEN/US Bank fined $3 million for reprehensible conduct for attempted wrongful foreclosure

Jury punishes OCWEN/U.S. Bank National for atrocious record-keeping (this is not the first time OCWEN has been exposed for intentional malice) Ms. Saccameno filed a chapter 13 bankruptcy to save her home.  She followed the chapter 13 plan and brought the mortgage current, ultimately receiving her hard-earned discharge.  Life should have been great, but OCWEN/U.S. […]

Mortgage Law Group to pay $59 million-scammed consumers

$59 million dollar judgment for deliberately scheming to evade the law and cause harm to their clients According to an article in news.bloomberglaw.com, 11/6/19, Consumer Financial Protection Bureau “CFPB” won a $59 Million dollar judgment (restitution and civil penalties) against The Mortgage Law Group, LLP, Consumer First Legal Group, LLC, Thomas G. Macey, Jeffery J. […]

5 Signs an Online Loan is a Debt Trap

The goal of a predatory loan (such as payday loans) is to trap the borrower in a nightmare of never ending debt.  The lenders know that no one is watching or, in some cases, cares that the poor are prayed upon by these unscrupulous lenders.