OK, it’s only a class action lawsuit and only the lawyers got paid - but thank goodness for small blessings.
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A collection law firm in Pennsylvania must pay $5.2 million to defendants that accused it of charging unauthorized administrative and attorney fees and interest on the fees as it collected delinquent real estate […]

Popularity: 4% [?]

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http://herecomesthejudge.com/
Lists and has the entire court rulings listed for many cases against the big three and other credit card companies!
Popularity: 7% [?]

Popularity: 7% [?]

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Things are getting even tougher for the consumer. You used to be able to get some relief through bankruptcy, but the noose is tightening. The case is In re: James Matthew Franzese, Case No. 07-3944-KSJ.
Read this article:
http://www.bankruptcyorlando.com/2008/02/florida-court-c.html
An Orlando bankruptcy court issued a decision which curtails the personal property exemptions for debtors who own […]

Popularity: 4% [?]

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I wrote about my impression on the Super Commercial for lifelock - it seems that other people than me were even less impressed….
http://creditchoices.net/wordpress/2008/02/lifelock-what-a-little-press-can-buy-you/
A quote from the article…
Credit bureau Experian is suing the identity theft prevention firm LifeLock, accusing it of deception and fraud in its familiar advertising campaign, which includes a spot in which CEO […]

Popularity: 7% [?]

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OK, talked to the Mississippi Tax guys, who was very nice and was trying to do everything he could. I had faxed over the documents on Monday night - my SSN card, last years 1040’s, my passport and driver’s license. He said he would issued a “cancelled, issued in error” document to the […]

Popularity: 6% [?]

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OK, I was going to refinance my house - my credit is great and I’m just going to slide right in to the best rates.
Well, no actually - there is a problem. A little brief history…back in 2003, I had a tax lien on my credit report which actually belonged to a clown […]

Popularity: 16% [?]

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Since they are losing their shirts these days, Citibank is really getting very aggresive with past-due accounts. They skirt the FDCPA by owning collection agencies, so when a Citibank collection agency calls, they can do whatever they want.
My latest client is being sued by Citibank for a $19K debt from 2004 that with fees […]

Popularity: 9% [?]

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It’s made all the headlines, and everyone seems to be talking about it, MSNMonday had an article, it’s all abuzz on the various credit boards.
They will use segmentation…for instance - now they are going to use score cards?? A 700 with a BK on record does not equal 700 w/o BK, for example.
And […]

Popularity: 3% [?]

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Too bad, so sad…
 
See, even though people don’t really believe the FDCPA is an effective weapon, if you violate it, the FTC will come knowing on your door. A collection agency working on behalf of small businesses got into some big trouble (to the tune of $3.4 million!)with the FTC for representing itself […]

Popularity: 6% [?]

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The way your credit score is determined is about to change and for many of us it can be to our benefit. Fair Isaac Corp., the maker of the FICO credit score indicator that is used by the majority of lenders has recently introduced a new model, FICO 08. FICO 08 was created […]

Popularity: 4% [?]

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