“Dear Steve, My ex husband and I have about $30k in credit card debt. He agreed to take it in the divorce settlement but it is all in my name. He isn’t paying everything as he needs to be and I’m getting all the collection calls. Telling the creditors that he is responsible and giving …
I just wanted to share some random moments with you from the North Carolina State fair last weekend. As a kid these things were a lot more fun. I made the mistake of piling a funnel cake on top of an italian sausage sub. Mistake. After this picture I moved my wallet to my front …
“Dear Steve, Initially contacted Bank of America to reduce Credit Card APRs, and they closed all my credit card accounts. Was told to call back in 6 months for APR reduction. Promised an APR reduction from 24.99% to 8.99%. Received a letter indicating that although Bank of America agreed to the APR reduction, they are …
“Dear Steve, We bought our home in 1995 put $25K down and mortgaged $70K for 15 years @8,5%. The mortgage was not originated with Citi but is serviced by them and I believe the mortgage “investor” is Wells fargo. Long story short; the last two years have been difficult but we’ve been managing to stay …
“Dear Steve, Divorced, accumulated at least $15000.00 in unsecured CC debt and owe on a car loan. I was recently laid off and cannot meet my bills. I stand to inherit the house I live in, and maybe 10,000. in cash. Should I apply for bankruptcy, I would want chapter 7 but am afraid they …
“Dear Steve, I am planning a family vacation to Dubai in the near future, but have become worried about a credit card balance of about 600AED with HSBC that was left unpaid in 2001 when I returned home to the UK after a period of residency in Dubai. Would this outstanding debt mean I have …
Florida Attorney General Bill McCollum today announced his office has filed two lawsuits on behalf of Florida consumers against five debt settlement-related companies. According to the Attorney General’s lawsuits, the businesses promised consumers they could pay off their debts for a fraction of the amount owed, but instead collected large up-front fees and left customers …
Recently I wrote about a debt settlement company called Everest Debt Solutions here and here. I managed to get my hands on one of their client agreements so I wanted to review it for you to help you understand what it all means to the best of my ability. I think you’ll find some eyeopening …
In a twisted matter of irony the law firm that was acting as a receiver for the Hess Kennedy debt settlement company that was closed down in Florida, has been closed down. Law.com reported that Lewis B. Freeman & Partners went to court in Florida on Friday and put the firm out of business. This …
California Attorney General Edmund G. Brown Jr. today issued a consumer alert warning California homeowners to avoid individuals and businesses that charge up up-front fees for foreclosure relief services in light of a just-enacted state law that makes this “abusive practice” subject to prosecution. “Over the past two years, unscrupulous attorneys and real estate brokers …