Bankruptcy Blogs

Augmented reality produces real results for Ally

05/10/21

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Activist investors vow to keep pressing for racial audits at big banks

05/10/21

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Amex pushing beyond cards to woo small businesses

05/10/21

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For most people bankruptcy works. For most people, debt settlement doesn’t.

05/09/21

For most people, bankruptcy works. For most people “debt settlement” doesn’t work. One reason. The debt settlement people charge enormous fees–FDR and NDR charge at least $6,000 to “settle” $40,000 in credit cards (and you still have to pay the settlement). Plus, they usually don’t work . See this email I got this email today […]

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Are Mortgage Servicers Ready for the Loan Mod Rush?

05/08/21

On May 4, the CFPB issued a report sharing information the agency had gathered about mortgage forbearances and delinquencies. One notable takeaway is that Black and Brown homeowners, as well as low-income homeowners, are very prevalent among those in forbearance. A large portion of those in forbearance also have loan to value ratios north of 60%.

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