By Kurt O'Keefe, Attorney at Law on Jul 3, 2007 in Consumer Protection, Debt Collector Abuses, General Bankruptcy Information, Mortgages | 1 Comment
Happy Independence Day!
So the front page of the June 27 Wall Street Journal has an article on how one Wall Street firm contributed to the, so far, sub-prime, “Mortgage Meltdown.”
There is a Chinese proverb “The law is for the lesser man.” It means the moral man does not need the law to guide him to [...]
Popularity: 3% [?]
By Susanne Robicsek, North Carolina Bankruptcy Attorney on Jul 3, 2007 in General Bankruptcy Information | 0 Comments
There was an article in the New York Times today about equity stripping. Many people who are in trouble with their mortgage payments may fall prey to these in attempt to save their house and/or avoid bankruptcy.
People often think the worst thing they can do is file for bankruptcy, so they do whatever they [...]
Popularity: 2% [?]
By Kurt O'Keefe, Attorney at Law on Jul 3, 2007 in Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General Bankruptcy Information | 0 Comments
The wonderful new bankruptcy law became effective October 17, 2005.
If you were already in a Chapter 13, that is, filed before that date, your case is still governed by the old law. The good news is, if you convert that Chapter 13 to Chapter 7, your case is still controlled by the old law. So, [...]
Popularity: 2% [?]
By L. Jed Berliner, Springfield Bankruptcy Attorney on Jul 3, 2007 in Consumer Protection, Debt Collector Abuses, Massachusetts | 0 Comments
Some interesting facts are mentioned about the FDCPA in “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:
- It passed in 1977 by only one vote in the House of Representatives.
- Only debt collectors are covered, [...]
Popularity: 5% [?]
By Chip Parker, Jacksonville Bankruptcy Attorney on Jul 3, 2007 in Consumer Protection, Debt Collector Abuses, Florida, General Bankruptcy Information | 1 Comment
As reported in the Florida Times Union, Florida’s Attorney General, Bill McCollum, sued Jacksonville-based Bass Prelitigation Services, Inc. and its related company Jackson Philips & Associates, as well as the owners of both, Frank and Evelyn Jackson. The lawsuit, filed July 2, 2007 in Duval County Court, seeks $1.3 million in penalties plus restitution. Additionally, [...]
Popularity: 3% [?]
By Carmen Dellutri, Attorney at Law on Jul 3, 2007 in General Bankruptcy Information | 0 Comments
One of the purposes of this blog was to disseminate the truth about bankruptcy. As Bankruptcy Attorneys, we were sick and tired of the amount of bad information available on the Internet. It is very easy to tell how much research a client did on the Internet in an initial consultation, by the things they [...]
Popularity: 3% [?]
