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New Tactic for Some Debt Collection Firms
The Minnesota Star Tribune has written a very intriguing article regarding a new tactic by some debt collectors, having a warrant issued for the arrest of debtor for failure to comply with some court order. The link to the article is posted below. In my opinion, this is just another “distasteful” practice being employed by the debt collection industry. The article illustrates how debt collectors are attempting to use local law enforcement and courts to coerce debtors into payment of debts. Debtor’s prisons are unconstitutional and were abolished. However, debt collectors have found a subtle procedural avenue to skirt their way around this prohibition against debtor’s prisons. Technically, the debt collectors are not having debtors placed in jail for the debts per se. The debtors are being … Read entire article »
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New York Judges Question Suits by Debt Collectors
Posted below is a very interesting article from the New York Times regarding debt collection lawsuits in the New York state court systems. The article is very revealing of the abusive and … Read more »
Fair Debt Collection Practices Act (FDCPA)
As we are all aware the economic downturn has affected a large number individuals across Texas, and throughout the country. People have become unemployed and unable to keep up with the bills … Read more »
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Honda recalls 379,000 cars for airbag hazard
Honda recalls 379,000 cars for airbag hazard Posted using ShareThis If you or a loved one has suffered a serious injury or death as a result of a defective airbag in a recalled Honda model, you … Read more »
Toyota's next problem: Lawsuits
Toyota's next problem: Lawsuits Posted using ShareThis If you or a loved one have suffered a seriously injured or death as the result of a defect in the brakes, gas pedals, or steering of … Read more »
Default Judgments Can Allow Creditors to Collect Debt That Was Never Owed - News - ABA Journal
Default Judgments Can Allow Creditors to Collect Debt That Was Never Owed - News - ABA Journal. … Read more »
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New York Judges Question Suits by Debt Collectors
Posted below is a very interesting article from the New York Times regarding debt collection lawsuits in the New York state court systems. The article is very revealing of the abusive and harassing practices of some debt collection law firms and debt buyers. More importantly, the article illustrates that at least some judges in New York are feed up with debt collectors filing lawsuits in which they know they will be unable to prove in court. They basically file these … Read entire article »
Default Judgments Can Allow Creditors to Collect Debt That Was Never Owed – News – ABA Journal
Default Judgments Can Allow Creditors to Collect Debt That Was Never Owed – News – ABA Journal. … Read entire article »
Obama Administration Rethinks Policy to Prevent Foreclosures
Obama administration revises anti-foreclosure strategy – washingtonpost.com. … Read entire article »
Fair Debt Collection Practices Act (FDCPA)
As we are all aware the economic downturn has affected a large number individuals across Texas, and throughout the country. People have become unemployed and unable to keep up with the bills that are piling up. Of course once you start to get behind on your payments, consumer debtors start to receive collection notices and calls from creditors. At some point, the original creditor may sale (assign) an unpaid debt to a third-party debt collector such as Unifund CCR Partners or … Read entire article »
Administration Makes Push for Consumer Agency – NYTimes.com
Administration Makes Push for Consumer Agency – NYTimes.com. … Read entire article »
Senate report links diabetes drug to heart attacks – CNN.com
Senate report links diabetes drug to heart attacks – CNN.com. … Read entire article »
Campaign builds to include new consumer protection agency in financial reform – washingtonpost.com
Recent Article in the Washington Post discussing the growing sentiment of consumer advocates regarding the need for consumer protection agency in the financial reform based by the U.S. House of Representatives and being debating currently in the U.S. Senate. Article also discusses how the banking industry and lobbyiest and trying to kill the bill by arguing the same old scare tactics that the banking industry always employs. The U.S. Senate can decide to side with American consumers or the banking industry that American taxpayers just … Read entire article »
Financial Reform: Regulation of Predatory Lenders and Subprime Loans
Posted below is a powerpoint presentation outlining the need for proposed regulation of predatory lending and the subprime credit industry that I wrote back in 2006 during law school. The powerpoint presentation was part of a more comprehensive academic paper that I submitted regarding proposed legislation to allow states greater enforcement powers against predatory lenders and the subprime market. Recently, U.S. consumers and workers have seen the tremendous damage that can occur to our markets and overall economy when there is a lack of effective financial regulations to protect … Read entire article »
Toyota recalls 8,000 Tacoma trucks – CNN.com
desc via Toyota recalls 8,000 Tacoma trucks – CNN.com. … Read entire article »