Fair Credit Reporting

Earlier this month the Consumer Financial Protection Bureau (@CFPB) launched a public inquiry into student loan servicing practices.  Read their full press release here. It’s time your voice was heard.  From my experience, the main barriers to repayment continue to be a lack of information made available to students from the time they take out […]

This just in!  As originally reported in the New York Times and posted through Consumerists’ (@Consumerist) blog, JP Morgan Chase and Bank of America have both agreed to clear debt from credit reports that was discharged in bankruptcy.  This is great news and about time the big banks acted in accordance with federal laws. These […]

People who file for bankruptcy all believe in playing fair and paying their bills when life somehow got in the way and life became unmanageable. I know because they tell me. Many clients believe that filing bankruptcy is somehow irresponsible; or that their not keeping their promises or obligations.  I get it. After all, YOU […]

With so many companies guarantying student loan debt forgiveness and using Obama’s words to market and sell their offerings, I thought I would set the record straight! YOU CAN HELP YOURSELF FOR FREE YOU CAN HIRE ONE OF THESE COMPANIES THAT MAY NOT BE LAWYERS; OR YOU CAN HIRE A LAWYER TO REPRESENT YOU Don’t […]

If you’re a victim of identity theft, where do you begin to clear your good credit and your name? With the increased internet hacking cases, it’s more important than ever to protect your identity.  No matter how proactive you are, identity theft can strike anyone at any time.  When it does, you need a plan […]

Are you caught up in a vicious debt cycle that feels like it will never end?  Have you considered payday loans or already have one? Are you overwhelmed by all the so-called “help” on the internet about getting out of debt? The real secret to getting and staying out of debt requires a permanent change […]

I definitely have heated opinions every Sunday when I read Liz Weston’s (@lizweston) “Money Talk” articles.  She’s a journalist who has published books on money, so she’s an expert right? Well, she definitely tries to help, while avoiding the unauthorized practice of law because she is not a lawyer.  Recently, a reader asked whether they […]

“Tick-tock” goes the clock on a creditor’s legal ability to collect on a debt owed.  Known as the Statute of Limitations, state laws that vary in each state, limits the time a creditor has to file a law suit to collect a debt. If they do not sue in time, the debt is no longer […]

Do you have very old debt lingering on your credit report?  In California, if it has been more than four years since you first became delinquent; i.e., missed a payment, then the debt collector can no longer sue you to collect on that debt.  HOWEVER, that doesn’t mean that the debt is forgiven, or that […]

Whether you’re buying a new or used car, the advice of Jerry Hirsch (@LaTimesJerry) in his article, The Keys to Car Buying Success, provides a step by step guide to getting the best deal.  From a pre-bankruptcy planning step or even after bankruptcy, a little planning can save you thousands. I recently bought a newer […]