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Howard Feinmel, Paul Herman Both Suspended Debt Attorneys for Now


Readers of this site will recognize the name of Florida attorney Howard Feinmel. Over the years he’s appeared in a number of articles. You can click here to see them. According to a document from the Supreme Court of Florida from July 24, 2015 it appears Feinmel will be have his ability to practice law in Florida, revoked for five ... Read More »

    Ask The Expert: Why Can My Girlfriend Get Her Student Loans Fixed And I Can’t?

    Adult Ed - Questions

    Question: My girlfriend and I both have lots of student loans. We Googled “student loan consolidation” and got some sketchy-looking websites. But we’re desperate, so we entered some info into some fields. They said she could get her loans consolidated but mine couldn’t be. Is this for real? — Bill in Iowa Howard Dvorkin CPA answers… After getting some information from ... Read More »

      Dvorkin On Debt: Your Credit Card Is Not Your Friend


      Why do we use credit cards? It seems like such a basic question, but can you guess the answer? If you said, “Obviously for all the rewards, cash back, and airline miles you can rack up,” well…you’re wrong. “The single biggest reason Americans use credit cards is because they are easier and more convenient than paying with cash,” says a recent ... Read More »

        Paymap and LoanCare Nailed for Stupid Simple Reason


        Yesterday the Consumer Financial Protection Bureau announced they took action against companies that sold consumers on an equity accelerator program. Typically these programs make payments every two weeks instead of once a month and that gives people one extra mortgage payment a year to reduce the balance owed faster. But the unbelievable part of this program delivery is contained in ... Read More »

          Telephone Consumer Protection Act Class Action Filed Against Debt Relief and Collection Companies


          About a week ago I published an article about the dangers faced by debt relief companies, and others, for violations of the Telephone Consumer Protection Act (TCPA). Well just today comes a class action case filed against Freedom Financial Network, Freedom Debt Relief, and Consolidated Credit Counseling. The case was filed in New York state. The bigger question here is ... Read More »

            Teacher Discharges Loads of Student Loans in Bankruptcy. ECMC Fights Back.


            Today I’m looking at another bankruptcy discharge case, see more here, where a bankruptcy judge felt it was appropriate to allow for a legal discharge of student loan debt. In this case the consumer represented herself in the action and has fought a valiant battle. Even though President Obama and the Department of Education have recognized a valid and reasonable ... Read More »

              Student Financial Aid Websites Illegally Billed Consumers

              student loan debt

              Today the Consumer Financial Protection Bureau filed a complaint and proposed consent order in federal court against Student Financial Aid Services, Inc. for illegal sales and billing practices. The Bureau alleges that the company, which until recently operated, lured in consumers with misleading information about the total cost of its subscription financial services and hit them with undisclosed and ... Read More »

                Who is Asks a Reader

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                I received an email asking me if I knew anything about a new website I have to admit, I’m scratching my head about the website. According to public domain records the domain name was created on July 1, 2015 but their testimonial page has testimonials that appear they have been around longer. One testimonial says, “ was able to ... Read More »

                  Bankruptcy Court Wants to Discharge Spousal Consolidation Student Loans. Educational Credit Management Corporation Says, “Not So Fast.”

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                  I have to admit I am totally perplexed by the media and popular myths that believe student loans can’t be discharged in bankruptcy. Even a lot of bankruptcy attorneys believe this wildfire myth. Thanks to some amazing readers and tipsters I’ve just received a collection of cases where the consumer managed to have their student loans eliminated in bankruptcy, right ... Read More »

                    Discover Bank Screwed Over Student Loan Holders Says CFPB


                    Today the Consumer Financial Protection Bureau (CFPB) took action against Discover Bank and its affiliates for illegal private student loan servicing practices. The CFPB found that Discover overstated the minimum amounts due on billing statements and denied consumers information they needed to obtain federal income tax benefits. The company also engaged in illegal debt collection tactics, including calling consumers early ... Read More »

                      FTC Smacks LifeLock for Violations of Previous Agreement

                      Hello I Am Suing You words on a name tag sticker informing that someone is bringing a lawsuit against you in a court of law

                      The Federal Trade Commission today asserted that LifeLock violated a 2010 settlement with the agency and 35 state attorneys general by continuing to make deceptive claims about its identity theft protection services, and by failing to take steps required to protect its users’ data. In documents filed with the U.S. District Court for the District of Arizona, the FTC charged ... Read More »

                        CFPB Says Citibank Really Screwed Over Consumers With Debt Protection

                        Crime Or Corruption Cartoon Illustration

                        The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries to provide an estimated $700 million in relief to eligible consumers harmed by illegal practices related to credit card add-on products and services. Roughly 7 million consumer accounts were affected by Citibank’s deceptive marketing, billing, and administration of debt protection and credit monitoring add-on products. A Citibank ... Read More »

                          10 Ways to Cut the Cost of Self Storage

                          illustration of a self storage isolated on white background

                          Americans buy – and keep – a lot of stuff. That’s made self-storage a $24 billion industry, according to its major trade group, the Self Storage Association. According to the SSA, 84 percent of all U.S. counties have at least one self-storage facility. It’s been one of the fastest-growing sectors of the commercial real-estate industry for the past 35 years, ... Read More »

                            CFPB Says if Morgan Drexen Owes You Money You Are Potentially SOL


                            The Consumer Financial Protection Bureau has finally taken down the old Morgan Drexen website and put up a message of their own. See for the latest version of the CFPB informational message. But yesterday on the CFPB website they put up advice and information for consumers who were harmed in the Morgan Drexen / Walter Ledda debacle. The most ... Read More »

                              Reader Expresses Concern About My Enrollment Ctr and Colonial Law Group

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                              I received the following email from a reader via the tipster (send in your tips here) line. As I normally do, I looked into the concerns to see if the concerns held water. I’ve also reached out to the companies named in the reader email and asked for contact information so I can get their responses to the concerns of ... Read More »

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