NCLC Proposes New Debt Collection Regulations To The CFPB
The National Consumer Law Center (NCLC) has issued recommendations to the CFPB that would further regulate when and in what manner debt […]
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OCC Report: $131 Billion in HELOC debt to reset
ke The OCC’s latest Semiannual Risk Perspective says that out of the nine largest home equity lenders face a big problem from
The CFPB’s Most Complained About Financial Companies
The Consumer Financial Protection Bureau recently released a list of the most complained-about financial services companies. While companies like Bank
Protect Yourself! Recognize the Warning Signs of Creditor Harassment
By law, creditors are not allowed to contact debtors to demand payment after a debtor files for bankruptcy. What you
FCC Announces New Proposed Rules To Make The Telephone Consumer Protection Act More Consumer-Friendly
FCC Chairman Tom Wheeler recently announced new proposed rules that strengthen the Telephone Consumer Protection Act (TCPA), making it more
Portfolio Recovery Associates Hit With $83 Million Jury Verdict
A jury in Missouri has ordered Portfolio Recovery Associates (PRA) to pay Maria Mejia almost $83 million for violations of
Why stable homeowners should pay attention to foreclosure processes
If you are a homeowner who has remained so-far unaffected by the economic downturn and the foreclosure crisis, we offer
Bank of America, Chase To Change Credit Reporting Practices For Discharged Debts
According to the New York Times, Bank of America and JPMorgan Chase will be fundamentally changing how they report debts that
How The Sale Of Discharged Debt Thwarts The Bankruptcy Discharge
BloombergBusiness has published an interesting article about the sale of discharged debts. Many consumers do not know that banks will sell debts
Credit Invisibles
The Consumer Financial Protection Bureau’s Office of Research recently released a research report regarding credit invisibles–adults that have no credit history that