West Virginia Woman Wins $10 Million Judgment Against Rogue Debt Collectors

Posted by on May 14, 2012 in Consumer Debt, Debt Collections Defense, News | 0 comments A West Virginia woman took legal action when she began receiving harassing phone calls from debt collectors for a debt that was not even hers. Ms. Diana Mey, a mother and homemaker, has won the largest judgment ever against a debt collector for abusive collection tactics. It all began when a debt collector employed by a nationwide collection company called Reliant Financial Associates...
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Even After Your Bankruptcy, You May Still Owe Money to Your Homeowners Association

Posted by on Mar 5, 2012 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Many homeowners in Southern California are surprised to find that they are being forced to pay for back due homeowners association fees even after their debt has been discharged in bankruptcy. The bad news is that homeowners will continue to be liable for the homeowners association fees even after bankruptcy and those fees will continue to accrue until the homeowner no longer owns the...
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Bankruptcy and Your Credit Score

Posted by on Mar 29, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Many individuals are worried that filling for bankruptcy will adversely affect their credit score. What most people don’t realize is that by the time individuals can really benefit from filing a bankruptcy petition, their credit score has already taken a beating and has fallen to an all-time low. Think about it: each time you miss a credit card bill payment or your mortgage payment, these...
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Married and Filing Separate in Bankruptcy, Part 3 of 3

Posted by on Mar 24, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Whether or not you should file a joint petition with your spouse or a single petition on your own depends on a variety of factors including the type of debts you owe, type of property you and your spouse own, whether or not the property you and your spouse own will be characterized as community property or separate property, and the amount of joint debt you and your spouse owe. Filing a single...
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Co-Signers Lack of Notice Upon Default

Posted by on Mar 23, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 4 comments If you are a co-signer on a loan, there are a few things you should know. The only reason why you were asked to be a co-signer in the first place is the fact that your loved one, whether daughter, son, niece, nephew, or friend, quite simply could not afford the payments on what they wanted to buy. Your loved one was over-extending himself or herself. Most lenders are clever and are very good at...
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Married and Filing Separate in Bankruptcy, Part 2 of 3

Posted by on Mar 22, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments In a community property state like California, when a spouse files for bankruptcy, the non-filing spouse may be forced to deal with some negative repercussions. This is because in a community property state, the state has specific laws that determine what property is and is not community property. What you or your spouse think is community or separate property is irrelevant. California law is...
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