I wrote about attorney fees as a means test deduction some time ago.  BAPCPA’s provision, codified at section 707(a)(2)(A)(iv) of the Bankruptcy Code, says that priority claims are deducted from income. Priority claims include a Chapter 13 debtor’s counsel’s fees. See sections 507(2), 503(b)(2), and 330(a)(4)(B). Therefore, our attorney fees are a means test deduction. Oddly, the [...]
fees
A friend recently showed me his Chase savings account statement revealing Chase paid him a measly $0.62 interest for the month when he had over $80,000.00 in the account! Yet Chase is charging this same customer 27.44% on his Chase credit card! To add insult to injury, my friend called Chase and asked for an interest rate reduction on his credit [...]
Following up on an investigation of Connecticut Marshals who serve foreclosure papers on homeowners, Attorney General Richard Blumenthal found that certain practices regarding billing of fees were prohibited by Connecticut law.  Blumenthal found that state statutes limit marshals’ fees for serving foreclosure papers to $30 and prohibits them from charging a separate and additional fee [...]
On September 23, 2008, the Credit Cardholders Bill of Rights (HR 5244) passed the House of Representatives by a 312-112 vote. The Credit Cardholders Bill of Rights is an important consumer bill, offering significant changes to federal statutes that help protect consumers in credit transactions. Among the improvements included in the bill are: