Bankruptcy Archives

A win for consumers impacted by inaccurate credit reports

One of the most common concerns people have when pursuing bankruptcy is the effect filings have on their future ability to be approved for credit. They already suffer from low FICO scores. Late payments and delinquencies have also led to aggressive collection actions that include wage garnishments, liens, lawsuits, home foreclosures and car repossessions.

What happens to your debt in Chapter 7 bankruptcy?

Are you overrun by overdue bills and statements? Do you receive phone calls and threatening letters from debt collectors? If you feel that you will never escape from the mounting pressure that comes from overwhelming debt, you need a way out, and you need it now. Fortunately, there is an option available to you.

High-tech car repossession tactics

Repossession of a motor vehicle is an unsettling moment, whether you witness the tow truck driving away or discover that your car is gone. Modern technology has added a more sinister method to prevent drivers from operating cars when a subprime loan is delinquent.

Will the demise of Dodd-Frank resurrect predatory lending?

With a presidential signature on an executive order, the possible dismantling of the Dodd-Frank Wall Street Reform and Consumer Protection Act has begun. Allies in Congress are lining up behind the President Trump and his administration to blaze a legislative path to make the controversial law a thing of the past.