Orange County Bankruptcies Appear to Decline, Despite California’s High Bankruptcy Rate

Posted by on Jun 5, 2012 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments If you have ever filed for bankruptcy in Orange County, Los Angeles County, or Riverside County, you are familiar with the United States Bankruptcy Court, Central District of California. After all, you had to file your petition there. If you are thinking about filing for bankruptcy, this is the court you will need to file it with. Recent statistics coming out of this court show that bankruptcy...
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California Takes the Lead in Bankruptcy Filings Nationwide

Posted by on Jun 5, 2012 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments It may come as no surprise to many that California leads in bankruptcy filings nationwide, especially because California (particularly Southern California) is known for its high cost of living and pricey real estate. The debt many California residents rack up can be overwhelming, and a recent study shows that California continues to take the lead in bankruptcy filings across the nation. In fact,...
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DOES THE LOSER OF FAIR DEBT COLLECTION SUIT PAY COSTS – THE SUPREME COURT WILL DECIDE

Posted by on Jun 4, 2012 in Consumer Debt, Debt Collections Defense, News | 0 comments The United States Supreme Court has granted certiorari (or “cert”) for a case stemming from the Fair Debt Collection Practices Act.  The Act provides that a debt collector cannot indicate that the debtor owes money in communications with a third party.  The intent behind the Act was to prohibit debt collectors from informing or threatening to inform third parties that a person owed a...
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Factors that Affect Your Credit Score In Your Everyday Lives

Posted by on Jun 4, 2012 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments For many people, a credit score is an issue that comes up when purchasing a car, renting an apartment, or getting a loan. It is not an issue people are constantly thinking about throughout the course of their daily lives, despite the fact that what we do in our daily lives ultimately affects our credit score. You need to know what determines your credit score and how this seemingly tiny three...
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Why Your Credit Report is Important and How to Keep Track of It

Posted by on Jun 3, 2012 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Many people are aware that they are assigned a credit score, and many people are also aware that lenders will review that score. What many people do not realize is why that credit score is so important and how easy it is to keep track of it. There are many aspects of your life that will be (and in fact may already have been) affected by your credit score, sometimes without you realizing it. Your...
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The Fair Debt Collection Practices Act: Know Your Rights

Posted by on Jun 1, 2012 in Consumer Debt, Debt Collections Defense, News | 0 comments The Fair Debt Collection Practices Act (or FDCPA) was created by the US Congress in 1978.  The federal act defines the rights of consumers and prevents abusive, deceptive, and unfair debt collection practices.  The Federal Trade Commission provides a publication with the Act for consumer reference. Congress regulated the debt collection practice because of stories of abuse or manipulation by...
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