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California Attorneys Arrested and Booked for Taking Money From Consumer for Mortgage Help

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The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) and California Attorney General Kamala D. Harris today announced the arrests of the owners and managing attorney of a law firm that took thousands of dollars in up-front loan modification fees for services that were never performed for homeowners, many of whom ended up losing their ... Read More »

    Countrywide Emails Predicted Early Mortgage Collapse. Borrowers Set Up for Foreclosure.

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    A reader and tipster (send in your tips here) has forwarded me a document which is alleged to be the emails and documents of Countrywide regarding the mortgage loans they were initiating. There are a number of foretelling and interesting statements contained in this document. One point in particular, after the pay option sub-prime loans exploded, is the statement about ... Read More »

      Bankruptcy Attorney In Ballwin MO

      Bankruptcy Attorney in Ballwin MO

      Ballwin MO has an estimated population of just over 30,000 people as of the 2010 census. Like most of the country many residents here are hurting financially and looking for debt relief options. One local Ballwin business, Personal Credit Solution has created a unique approach to assisting local residents with over burdensome debts. Bankruptcy and Settlement and Counseling Oh My! ... Read More »

        Mortgage Loan Fraud Reports Up Significantly

        The Financial Crimes Enforcement Network has just released its Q3 2011 report on mortgage loan fraud. “As housing markets look to recover, criminals persist in their efforts to prey on struggling homeowners, while financial institutions continue to uncover apparent fraud as they work through their portfolios of earlier mortgages now in default,” said FinCEN Director James H. Freis, Jr. “FinCEN ... Read More »

          One of Every Four Student Loans is in Default. National Economic Crisis Boiling.

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          For many, many years now I’ve been the chicken little saying the sky is falling when it comes to student loan debt. Ever since the bankruptcy code was changed to prohibit the discharge of student loan debt, both government and private student loans, a national crisis has been building pressure. Student loans are looked at as “good debt” and people ... Read More »

            FTC Claims Payday Financial Abused Tribal Indian Court System to Abuse Consumers

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            The Federal Trade Commission expanded its case against an allegedly deceptive payday lender, charging that it sought to unfairly and deceptively manipulate the legal system and force debt-burdened consumers throughout the country to travel to South Dakota and appear before a tribal court that did not have jurisdiction over their cases. The amended complaint is filed against Payday Financial, Lakota ... Read More »

              United Employee Benefits Group Still Sending Debt Relief Unsolicited Faxes

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              A tipster (send in your tips here) just sent in this copy of an unsolicited fax they received. It certainly appears to be from United Employee Benefits Group, uebg.org, who has been sending these for a while now. In fact the State of California hit them with a cease & desist order before of similar faxes. – Source This fax ... Read More »

                4 Simple Steps to Protect Your Credit from Identity Theft

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                Identity theft is on the rise, according to the FTC, and it’s a crime that is getting more expensive than ever for American consumers. Last year it cost us $1.52 billion, up from $1.4 million in 2010. The median amount paid out per claim was $537. And that’s just the cost of reported crimes. While identity theft can involve different ... Read More »

                  Update on Bankruptcy Filing of “Real Estate Scam” Mass Joinder King Philip Kramer

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                  I previously published this post on the initial chapter 7 bankruptcy filing for Kramer & Kaslow mass joinder attorney Philip Kramer. on February 22, 2011 Kramer filed the missing detailed schedules. But first I present to you this gem. So let’s take a look at how successful Philip Kramer was with the mass joinder efforts. Kramer’s bankruptcy filing contained about ... Read More »

                    Real Housewives Star Teresa Giudice Denied Chapter 7 Bankruptcy Discharge

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                    Previously I covered the filing of a chapter 7 bankruptcy in 2009 for Real Housewives of New Jersey start Teresa Giudice. It’s been quite a while so I thought I’d drop back in to see what’s been going on in the case. Looks like the court, in a somewhat rare move, has agreed to waive Teresa from relief of her ... Read More »

                      Alternative Dispute Resolution Program (ADR) Deceptive Debt Relief Mailer

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                      An awesome reader and tipster (send in your tips here) has just sent in a new mailer I find to be highly deceptive. The mailer about debt relief says that consumers can get their debt addressed under “federal relief designed to restructure and/or eliminate revolving credit card debt.” I am not aware of any such federal government program other than ... Read More »

                        How to Save on College Textbooks

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                        Anyone going through college or helping to pay for someone in college knows that the costs keep skyrocketing. It’s getting harder and harder for most people to get through college without taking on massive student loan debt. So anytime we find something that could help us reduce those costs we want to learn more about it. Recently, I had a ... Read More »

                          CFPB Lays Out What It Will Look For as an Abusive or Deceptive Practice

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                          The Consumer Financial Protection Bureau (CFPB) has released material which lays out how it will investigate and/or identify unfair, deceptive or abusive acts and practices. This has a serious impact on the entire debt relief industry, non-profits included. The rules and regulations, to me, appear to be clear that the underlying issue is if the material and activities by the ... Read More »

                            Free Cheap Meals Recipes Cookbook

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                            Back in 2001 at the non-profit organization Myvesta.org we held a contest and solicited the best cheap meals from people all cross the country. The resulting entries were combined into the Cheapmeals.com Cookbook. You can download a free copy of this cookbook below. The Cheap Meals Cookbook is divided into: Appetizers Soups & Salads Entrees Desserts Kitchen Tips & Tricks ... Read More »

                              How Should I Fix My Credit? – Melissa

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                              I have been on my own since a young age and have been using my credit. Now that I’m older i realize the mistake that i made. I have no credit card dept, but i do have dept .. medical, and cell phones, gas company, etc. Its about 11,000$ worth. i wanted to go with a company to help because ... Read More »

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