Linda Pays Mariner $6113 through Beyond Finance. Then She Gets Garnished Linda Cash (not her real name) wanted to clear her debts without filing bankruptcy. As an alternative to bankruptcy, she signed up for Beyond Finance. Linda needed Beyond Finance to ... Read full article
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 ... Read full article
Iraq’s debt restructuring a decade and a half ago was one of the few things that went right with the US incursion into that country in 2003. Thanks to a combination of an expensive war with Iran, mismanagement and corruption on the part of Saddam and his ... Read full article
I just had the pleasure of reading Duke Law Professor Sara Sternberg Greene's paper The Bootstrap Trap . I highly recommend it for anyone who is interested in the intersection of consumer credit and poverty law. ... Read full article
What can you do about a judgment lien filed against you by a creditor or debt buyer that is now out of business? Law firms like Mann, Bracken that have closed down, filed bankruptcy themselves, or otherwise disappeared still appear as judgment creditors ... Read full article
Clearly, the biggest surprise in consumer borrowing since the crash has been the explosive expansion of student loan debt. It has surpassed both auto lending and credit card lending. And, since it ties with Payday Lending and pre-crash sub-prime mortgage ... Read full article
Has anyone ever offered you $500, $1,000, $2,000 or more for you to sign your name – no strings attached? ... Read full article
Has anyone ever offered you $500, $1,000, $2,000 or more for you to sign your name – no strings attached? ... Read full article
Reverse mortgages can be a good option for older folks with debt problems who are “asset rich and cash poor.” What’s a reverse mortgage? ... Read full article
I know — a silly headline. Bankruptcy is admittedly an extreme way to lower your monthly credit card payments. But that depends on whether you are asking yourself the right question. ... Read full article
While there are many and varied reasons that people file a bankruptcy case or settle a debt, certainly an improved credit score is a desired result. Unfortunately, post bankruptcy and post debt settlement credit reporting is often not accurate. A Creditor ... Read full article
An important tax provision that allows underwater homeowners to short sell their home without tax consequences will expire at the end of this month. Earlier this year I wrote about this tax provision. You can review that article here: ... Read full article
I have been working for a few years in developing and creating a consumer outreach website at MyConsumerTips.info . The site is purely non-profit and has no sponsors or advertisers. It aims to simply provide consumers with “consumer tips” that change ... Read full article
Often, the final trigger leading a client to call me is getting suedfor a credit card. Fear !! Scarlet Letters!! Branded For Life!! The suit can be a good thing. You have defenses, and now you start planning for your financial fresh start instead of ... Read full article
So you have some excess equity in your car of some other assets, but you cannot afford a Chapter 13 repayment plan and your income is under the median income for your family size. You still need a bankruptcy discharge to get a fresh start and begin ... Read full article
