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Listen as Tough as Nails Consumer Dishes It Out to Legal Helpers Debt Resolution Supervisor

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A reader and tipster (send in your tips here) sent me in a number of recorded calls with LHDR and information of her attempt to hunt down the Irvine office. She said: “I have reported LHDR to BBB and attorney general in California, Colorado and Illinois. I happened to be visiting in California – so I attempted to find these ... Read More »

    Understanding APR

    Ready to Collapse

    Dear Dollar Stretcher, Most of us have at least one mortgage these days, but there is so much confusion over the interest. It seems that by the time you’ve paid off your mortgage, the interest costs more than your home. I would love to know how the interest is calculated and how it can end up being way more than ... Read More »

      Bank of America Sues Fidelity Land Trust With Foreclosure Action

      2936 Estill Street, Deltona, Florida

      Fidelity Land Trust Company, a Florida based company who claims they are the “only real cash buyer of properties with negative equity” (source), a company I’ve writen about before (here) has been sued by Bank of America in Volusia County, Florida. I’m not sure if this is the first time they’ve been sued for foreclosure on one of the properties ... Read More »

        Beware of Omni Home Solutions and Rampart MMW Says Former Client

        Darrell Neilander, a former client of the foreclosure/tust company/mass joinder companies Omni Home Solutions and Rampart MMW sent in the following contributed information in an effort to help inform others of his experience with two companies that are claiming to help save his property from foreclosure and get his home free and clear. I’ve written about these companies, Omni Home ... Read More »


          Ready to Collapse

          COURT ORDERS LAKOTA CASH AND TWO OTHER INTERNET PAYDAY LENDERS TO SHOW CAUSE WHY THEY SHOULD NOT BE HELD IN CONTEMPT FOR FAILING TO COMPLY WITH THE ATTORNEY GENERAL’S INVESTIGATIVE SUBPOENAS In a case that has implications nationwide, the Circuit Court of Kanawha County issued an order on October 24, 2011, holding that Payday Financial, which did business as Lakota ... Read More »

            Octomom the Latest to Endorse Payday Loans

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            [repostus thumb=2569712 hash=8de81793c1c5e05ac067a54a2626145a title=Octomom%20the%20Latest%20to%20Endorse%20Payday%20Loans short=1iztg] Read More »

              Study: Payday Loans Used for Expenses, Not Emergencies

              Ready to Collapse

              [repostus thumb=2584759 hash=f948eb892894bd187b60668de1e8392e title=Study%3A%20Payday%20Loans%20Used%20for%20Expenses%2C%20Not%20Emergencies short=1iJl8] Read More »

                Capital One Spanked by OCC Over Servicemembers Civil Relief Act Violations

                Ready to Collapse

                The Office of the Comptroller of the Currency (OCC) today announced enforcement actions against Capital One, N.A., and Capital One Bank (USA), N.A., for violations and compliance deficiencies related to the Servicemembers Civil Relief Act (SCRA). The SCRA provides servicemembers relief from certain obligations and temporarily suspends judicial and administrative proceedings and transactions involving civil liabilities when military service affects ... Read More »

                  Chapter 13 Bankruptcy Trustee Sued by Bank of America to Stop Asking for Notes

                  Ready to Collapse

                  It appears Bank of America is none too happy with Henry “Hank” Hildebrand, a Tennessee chapter 13 bankruptcy trustee. Hank has been requiring Bank of America to produce the underling mortgage documents to prove they actually own the mortgages that are included in bankruptcy. When Bank of America can’t locate the paperwork, the trustee has been diverting the monthly payments ... Read More »

                    California Loan Modification Group, Owners and Manager, Hit With Millions in Loan Modification Scam

                    A final judgement was handed down in California against Statewide Financial Group, Hakimullah Sarpas, Zulmai Nazarzi, Sharon Fasela, aka Fasela Sheren. The July 23, 2012 decision stated all consumers who paid USHA and/or from January 1, 2008 to July 14, 2009 will be contacted and offered full restitution. Restitution will be up to $2,047,041. The judge stated the owners, ... Read More »

                      Holy Crap – UK Consumer Loans Double Overnight

                      Ready to Collapse

                      It what can only be explained as a desperate attempt for UK residents to stay afloat using borrowed money, new figures out show a very disturbing trend in the amount of loans and overdrafts. According to statistics from the Bank of England, unsecured consumer lending on loans and overdrafts doubled from £379 million in April to £732 million in May. ... Read More »

                        I’m Worried About Being Stopped at the UK Border for an Old Debt. – David

                        “Dear Jon, My situation is this,im a uk citizen but live abroad for most of my life,i went back to the uk on 2005 and stayed there until 2008 within that time i opened a couple of credit cards and a samll loan ,in 2008 i had to leave the uk and nevesr repayed the credit card,loan or mobile phone ... Read More »

                          Lloyd Ward & Associates and Meracord Hit With RICO Class Action Suit Apparently Open to All Clients

                          Yesterday the law firm of Hagens Berman filed a class action suit (3:12-cv-05657) in the State of Washington against Meracord (Formerly NoteWorld), Linda Remsberg personally, Lloyd E. Ward, Lloyd Ward PC, Lloyd Ward & Associates, The Lloyd Ward Group, Lloyd Ward Group II, Ward Holdings Inc, and Settlement Compliance Commission. This marks the second active class action suit against Lloyd ... Read More »

                            Do These Sexy Chick Pics Help Make Reading About Financial Literacy More Attractive?


                            Sex sells, I think we can agree on that, so can it also help attract people to learn more about financial literacy and money topics? At least that’s what I wondered years ago. After all, what can make a boring subject the least bit attractive for those that would otherwise almost never venture into a subject they could care less ... Read More »

                              I Declared Myself Bankrupt in the UK But Worried About Charge Against My House. – Hayley

                              “Dear Jon, I have recently declared myself bankrupt and this was all agreed and I have an official receiver whom I am providing information to, old banks statements, credit reports and personal information about my working life and why I got into debt. However before I was declared bankrupt I had a loan where the company would not agree a ... Read More »

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