In recent months, I have seen a decided increase in the number of mortgage deficiency claims. A deficiency claim, as you may know, represents the difference between the outstanding balance on a mortgage note and the fair market value of a piece of property. In Georgia, where I practice, real estate values have traditionally gone [...]
Consumer Protection
You really have to hand it to Congress. When they want to protect the consumer they really know how to do it. Remember how the Bankruptcy Abuse Prevention Consumer Protection Act was supposed to protect consumers? Yeah, right! For the past five years, I’ve been looking for any evidence of consumer protection in this Act. [...]
You see ads for these credit monitoring services everywhere–on television, online, in magazines. There’s the one with the commercials featuring the slacker dude who would be so much better off if he’d gone to the “free” website and signed up for the paid service. There’s the one with the overly-emotional woman whose kids were apparently [...]
FTC takes on freecreditreport.com for misleading consumers about paid services.
A new law aimed at stopping debt collectors who violate fair debt collection standards was proposed by the Oregon attorney general and has been passed by the state senate. Oregon Senate Bill 328 will give the Oregon Department of Justice the authority to enforce existing Oregon law prohibiting illegal debt collection practices. For many years [...]
It seems that everywhere you turn, a business that you are used to shopping with is closing it’s doors. Consumers may have products on order, or they might have some ongoing warranty obligations. North Carolina Attorney General Roy Cooper issued some practical guidelines for consumers facing the closing of businesses that they are dealing with.
