July 2008

It seems to be happening more often these days.  A bankruptcy case is filed, the law firm for the debtor pursues a debt scavenger for illegal behavior, and the debt scavenger then agrees to certain terms to resolve the illegal behavior, but conditions the same on a provision that the attorney or their law firm [...]

Delay Your Bankruptcy Discharge By Making False Tax Return Statements

by Kevin Gipson, New Orleans Bankruptcy Attorney

Kansas City, Missouri Bankruptcy Law Attorney Rachel Lynn Foley her article on this site, Do Not Lie To The Bankruptcy Court speaks about the potential criminal results of lying in a bankruptcy. Delay of the discharge of your debts is a less, but also important, potential result. One way to delay your discharge (and to cost you money) is falsify [...]

California Sues Countrywide Financial For Deceptive Practices

by Douglas Jacobs, California Bankruptcy Attorney

Attorney General Brown of California has filed suit on behalf of the State suing Countrywide Financial for Mortgage abuses and deceptive practices.  The suit is one of the first of its kind in this day and age of sub-prime loans and soaring foreclosures. The lawsuit alleges a number of abuses committed by Countrywide, chief among [...]

Credit Unions: Lots Better Than Payday Loans

by Brett Weiss, Maryland Bankruptcy Attorney

Payday loans are horrible. Interest rates as high as 1,500% per year (that’s One Thousand Five Hundred percent per year, and yes, we’ve seen them this high). Wage withholding. Repayment terms that lock you into an endless cycle of borrow and pay that you can never get out of. Abusive collection practices. So why do [...]

Foreclosure’s Human Cost…

by Brett Weiss, Maryland Bankruptcy Attorney

In a recent article on the Maryland Bankruptcy Blog, I talk about the human cost of foreclosures–the emotional trauma that strikes even those who clean out foreclosed homes for the banks. The Human Cost of Foreclosure, also talks about a darker side of this trauma–suicide. But, as the article notes, there is hope. Not only [...]

Mortgage Fraud Resources For Nebraska.

by Rachel Lynn Foley, Kansas City, MO, Bankruptcy Attorney

Mortgage fraud is rampant throughout the United States.  As such people are frustrated because they want to find resources to assist the.  With the advent of the Internet there all sorts of resources available to everyone. If you live in Nebraska there are resources that are state specific for mortgage fraud.  You can also read [...]