By Chip Parker, Jacksonville Bankruptcy Attorney on Jul 1, 2007 in Consumer Protection, Florida, General Bankruptcy Information, Mortgages, Personal Finance | 0 Comments
In news Friday out of Washington, D.C., the Federal Reserve and the other four federal agencies that regulate banks, thrifts and credit unions announced tough, new guidelines requiring lenders to plainly disclose loan terms and to strictly evaluate borrowers’ ability to repay home loans. O.K. . . . Not exactly.
In reality, the guidelines aren’t that [...]
Popularity: 3% [?]
By Kevin Gipson, New Orleans Bankruptcy Attorney on Jul 1, 2007 in Bankruptcy Cases of Interest, Decisions of Interest, General Bankruptcy Information, Lawyer to Lawyer, Louisiana | 0 Comments
Tithing, the practice of giving a portion of your income to a church, usually 10%, was specifically recognized and protected by Congress in “The Religious Liberty and Charitable Donation Protection Act of 1998.”
Therefore, it came as quite a surprise when a Bankruptcy Judge felt the changes made to the bankruptcy code by the Bankruptcy Abuse [...]
Popularity: 3% [?]
By Eugene S. Melchionne, Connecticut Bankruptcy Attorney on Jul 1, 2007 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Connecticut, General Bankruptcy Information | 0 Comments
Connecticut has three Bankruptcy Courts: in Bridgeport, Hartford and New Haven.
If you live in Litchfield, Middlesex, New Haven or New London counties or the Towns of Monroe, Shelton, and Stratford, you are considered to be in the New Haven Division. Your Meeting of Creditors is held at the U.S. Trustee’s office in New Haven and [...]
Popularity: 2% [?]
By L. Jed Berliner, Springfield Bankruptcy Attorney on Jul 1, 2007 in Debt Collector Abuses, Personal Finance | 0 Comments
Some interesting facts are mentioned “Collecting Consumer Debt in America” by Robert M. Hunt in the Federal Reserve Bank of Philadelphia’s Second Quarter 2007 Economic Research. In no particular order:
- Our federal government began the debt-selling business as we now know it when the FDIC started selling off the unsecured loans of failed savings and loan institutions in the early [...]
Popularity: 2% [?]
By Carmen Dellutri, Attorney at Law on Jul 1, 2007 in Benefits of Bankruptcy, Florida, General Bankruptcy Information | 0 Comments
In late 2005 Congress sent the Bankruptcy Abuse Prevention and Consumer Protection Act to President Bush. The President signed the bill into law and everyone thought that it was the end of bankruptcy. The media hype surrounding the bill left one impression in the minds of many consumers–Bankruptcy will be gone soon, so [...]
Popularity: 2% [?]
By Carmen Dellutri, Attorney at Law on Jul 1, 2007 in Consumer Protection, General Bankruptcy Information | 0 Comments
Since the changes to the Bankruptcy Laws in 2005, student loans have really become an issue in the spotlight. As we all know, there is a difference between public and private student loans. Now, private student loans have become one of the most profitable sectors of the student loan market. Additionally, and in response to [...]
Popularity: 4% [?]
