Here is another outrageous situation involving illegal
tactics used by some collectors. In this instance, the agency targets
only US military and as part of its routine collection efforts, it threatened
jail time as well as a dishonorable discharge...
We now know, after the re-election of Governor
Perry, that Texas has a budget deficit of an estimated 27 billion dollars and
we are now in the same boat as is New York, California and New Jersey.
Because of this state level economic disaster, as opposed...
Here is an article which predicts that 2011 will be
a banner year...for foreclosures. "'Early indications in January were that
this robo-signing related delay will be over by the end of first quarter if not
sooner,' says RealtyTrac's...
This should not be such an important decision. The
fact that it is heralded as important shows how little is expected
from banks in the way of legal documentation for their claims.
Thus far into the great real estate meltdown, banks may have been...
Here is a link to a very interesting article on an
ethical conundrum faced by many bankruptcy lawyers. It is
written by Gregory Duhl, who is a law professor from William Mitchell
Section 524 of the
Bankruptcy Code divides...
Well, the Federal Reserve has now revealed where some,
not all, of the 3.3 trillion dollar bail out has gone. The recipients may
surprise you. No doubt there will be further calls for an audit of the
central bank as well as a few calls for its closure...
Reports indicate that although the Federal
Reserve's final vote on the newest effort to prime the pump showed only
one dissenter, there was much wider concern among the members over the proposed
(now approved) bond purchases. Call it TARP One or...