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Archive for December 16th, 2007

Pro-Creditor Bankruptcy Reform Fails - Punish the Credit Pushers, Professor Proposes »

Pro-creditor bankruptcy reform has failed and lenders who push easy credit on weak borrowers should be punished, usury rates restored, according to consumer finance commentators.
“Picking the biggest policy mistake of the past few years is no easy task, … but the Bankruptcy Act of 2005 is a leading contender,” according to Dan Geldon of the [...]

Has Your Mortgage Company Lied to You, Your Attorney and the Bankruptcy Court? »

While listening to closing arguments this week in a case pending before Houston Bankruptcy Judge Jeff Bohm, I was amazed to hear that attorneys for Countrywide allegedly had filed false documents with the Court claiming they charged $350.00 for their services when, in reality, they had charged $450.00!
If you liked that post, then try these…”Step [...]