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Tag Archives: car loans

Audacious Attorney Abuses Authority

A Geogira attorney, Gary Wisenbaker, plead guilty to a wire fraud charge in relation to defrauding his own clients. According to evidence presented at the guilty plea hearing, Wisenbaker stole money from his clients by settling civil cases without his clients’ knowledge, and then pocketing the settlement payments. Wisenbaker then used these monies to pay off personal expenses, including payments ... Read More »

How the Soldiers’ and Sailors’ Civil Relief Act Can Help You

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Service personnel experience financial difficulties that are unique and need special attention. Fortunately, there are special laws to help them cope and this article discusses their rights and protections under the Soldiers’ and Sailors’ Civil Relief Act, 50 U.S.C. ยงยง 501 et seq. What is the Soldiers’ and Sailors’ Civil Relief Act? The Soldiers’ and Sailors’ Civil Relief Act (“the ... Read More »

Chanel Writes In “How Do I Find Out Who I Owe?”

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Chanel wrote me at GetOutOfDebt.org and had a debt question. If you have a question you can write me too! Chanel asked: “I have lots of small debts. I want to pay off my debts but don’t know how to find out who I owe.” Chanel, It is amazing how such a simple question can lead to such a complicated ... Read More »

Constipated Lending Makes Economy Ill

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Our economic life cycle is dependent on all all parties doing their fair share of the heavy lifting. Finance companies and banks lend – consumers buy stuff using credit – stuff must be built – jobs are created and so forth. We keep hearing about a crushing windpipe grip on banks and the government pleading to them to lend again. ... Read More »

New Indian Middle Class Gets Caught In the Whirlwind of Revolving Credit

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It's tough all over -- and not just in the United States. In India, where revolving credit is still relatively new, consumers are struggling under the weight of crushing consumer debt, according to a story in the Wall Street Journal this morning. But it's not just Indian consumers who are suffering. The banks that handed out this easy money are being hammered as well. Indeed, card companies that Read More »

Despite What They Say This Is Not The End Of Subprime Loans

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Over and over again through print or on the airwaves it is being said that bankers have learned their lesson from the current economic crisis and credit will no longer be extended to people in the subprime market. While we hope that banks have learned their lesson that bad things happen when you lend to people most likely to default, ... Read More »

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