Relying on consumer expert Harvard Professor Elizabeth Warren, who says that credit card issuers have put the loan sharks out of business, NBC’s Dateline used hidden cameras to expose illegal and fraudulent practices of debt collectors [...]; . . . → Click Here to Read the Full Article
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 Comments are closed  Avoiding Scams, Bankruptcy, Credit cards, Credit counseling, Debt collection, Regulations Seems hard to believe but the new foreclosure prevention programs announced by the government (and covered in recent blog entries) have become a new opportunity for fee-charging organizations that claim to offer you speed and convenience [...]; . . . → Click Here to Read the Full Article The front page of the New York Times (3/8/09) has a classic story of a foreclosure prevention scam. It shows how easy it is to get sucked into these things. The victim in this case was a [...]; . . . → Click Here to Read the Full Article An understandable (we hope) summary of new foreclosure prevention and mortgage programs: You can just see those bureaucratic minds grinding away as you slog through some of the details of the two new programs announced on March [...]; . . . → Click Here to Read the Full Article In other BLOG entries we are going to describe some of the details of the new programs (there is more than one) announced by the Treasury Department, but having reviewed the details, we think that you [...]; . . . → Click Here to Read the Full Article The law requires that anyone looking to collect a debt through the courts has to show “reasonable evidence” of that debt. In the case of mortgages this means the mortgage documents that you signed. In most [...]; . . . → Click Here to Read the Full Article You are threatened with foreclosure and you see an ad or get a letter from someone who says they can help. You call them up and you might hear one of several different pitches. Probably the [...]; . . . → Click Here to Read the Full Article |
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