California Attorneys Facing Disbarment as a Result of Targeting Homeowners

Two Southern California attorneys are facing disbarment and a third faces a disciplinary trial after a joint investigation by the State Bar’s Office of Chief Trial Counsel and the Attorney General’s Office into a loan modification scam that targeted distressed homeowners, the State Bar of California announced today. The proposed discipline is the result of … Read more

Mass Joinder Receiver Report States What They Found During Raid

The court appointed receiver of the law offices and companies that were raided and seized in the recent mass joinder actions in California has shown that the very issues were were all concerned about, appear to have been true. Marketers for lawyers selling access to mass joinder and tort litigation created such a network of … Read more

Hey Credit Counseling. How Did We Get the 60-60 Plan So Wrong?

I was talking with a debt industry friend today on the phone and he was asking me about the 60-60 program that credit counseling talks about trying to implement in place of debt settlement. Typically the 60-60 program is talked about being a repayment of 60% of the balance over 60 months. After the call … Read more

Where Has Credit Counseling Been on Pushing Ahead Alternative Dispute Resolution From BAPCPA 2005?

Every had one of those times when something pops into your head and makes you say to yourself, “Why?” Recently I had an opportunity to look at a copy of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. I know, I know, not the kind of light reading you normally pick up. I … Read more