Legal
Stop the Abusive Creditor Calls
Most of us have debt. When we fall behind on payment of those debts, a debt collector has the right to contact us in a reasonable attempt to collect the debt. When those attempts become unreasonable, resulting in harassment, it crosses the line established by the Fair Debt Collection Practices Act (FDCPA) in 1977. Abusive…
Read MoreBankruptcy Offers Relief and Protection
Trying to save your home and/or sanity through bankruptcy? Talk to a local bankruptcy attorney at https://ConsumerLawAssist.com. Not all bankruptcies are equal when it comes to saving your property. Sometimes, in order to save a home that has equity in it, debtors resort to filing for chapter 13 bankruptcy protection instead of chapter 7 bankruptcy…
Read MoreWhen Your Lender is Threatening to Take Your Home, Fight Back
When you miss payments on your mortgage you can go into default. Your lender may then begin the foreclosure process. Normally, in NY your lender would send out an acceleration notice. demanding payment of the entire outstanding loan balance. While this is frightening, if the homeowner can pay the missed payments, the bank may agree…
Read MoreTurn the Tables on Your Creditors
You may owe the debt, but there are rules for collection. Know your rights and you may be able to turn the tables on your creditors. The Fair Debt Collection Practices Act (FDCPA) makes abusive, unfair or deceptive collection practices illegal. There are punitive fines that can be levied on abusive debt collectors. The FTC…
Read More7 Steps to Fast Recovery from Bankruptcy
ConsumerLawAssist.com Can help you find the right lawyer to advise you when and if you should file for bankruptcy protection. How quickly you recover from bankruptcy will totally depend on you. Within two years, you could have a credit score over 640 if you are disciplined. Within 2 years you could qualify to buy a…
Read MoreDon’t Click That Link!
As consumers, we have been taught to NEVER click on the link in an email or text from an unfamiliar party. That is good. It saves many devices from hacks and viruses. But why is the Consumer Financial Protection Bureau proposing debt collectors to be allowed to disclose people’s rights via text or email links…
Read MoreLost Your Home to Foreclosure?
You May Have Money Coming to You. If you have lost, or are losing your home in a foreclosure case, you need to know the rules in your area. In Franklin County Ohio, almost 3,000 homeowners have money left over from a sheriff’s sale waiting to be claimed at the Common Pleas clerk’s office. Under…
Read MoreCFPB Announces Behavioral Economics Symposium
The consumer Financial Protection Bureau announced today that it will host a symposium on Behavioral Law and Economics at 9:00 am EDT on September 19, 2019. Yay! Let’s talk about money! Okay, seriously, even brilliant people seem to struggle with living within their means. I would like to say this is everywhere, but specifically, Americans…
Read More2 Major Reasons for Bankruptcy Protection
When you file for bankruptcy protection, your creditors must not violate the automatic stay, which prevents a creditor from attempting to collect a debt while the debtor is in bankruptcy. Only if the creditor gets prior court approval, are they allowed to attempt to collect the debt. The automatic stay occurs when the bankruptcy is…
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