Last updated April 21, 2018. In a recent lawsuit, Chase Bank was forced to pay out more than $160 million in penalties and $50 million in refunds to consumers for selling bad zombie debt to collection agencies. What is a zombie debt? Many people have had a debt that they could not pay or that… Read more »
Last updated Oct. 30, 2017. You probably already know that filing for bankruptcy is going to affect your credit score. Most people emerge from bankruptcy with a credit score in the range of 500 out of a possible 850. Your credit score affects your ability to borrow and the rate you’ll be able to get…. Read more »
Last updated March 29, 2018. When a family member dies, there are often many tasks that need to be performed to put all of the deceased’s affairs in order. There may be a will to file with a probate court; there may be property to dispose of, bank accounts and charitable donations to take care… Read more »
Last updated Sept. 26, 2017. First, let’s make a distinction between creditors and debt collectors, because they have to follow different rules under different laws. Your creditor is the person or party to whom you owe the debt. It’s most often a bank, a credit card company, or a medical service provider. When creditors can’t… Read more »
Last updated Jan. 28, 2018. You probably already know that bankruptcy is going to impact your credit. In fact, fear of that impact may be what’s keeping you from filing. So how much does bankruptcy affect your credit score? How Credit Scores Work First, let’s take a look at how your credit score is calculated… Read more »
Credit Reporting Consumer Protections This is a guest post by Allan R. Bloomfield, a bankruptcy lawyer practicing in Queens. His offices are located at: 118-21 Queens Blvd., #617, Forest Hills, NY 11375. One of the most important national consumer protection laws is the Fair Credit Reporting Act, which regulates how credit reporting companies report information. … Read more »
Last updated July 31, 2018. It’s dinner time and the phone is ringing…again. You told the jerks to stop calling but it didn’t do a bit of good. Your phone is ringing off the hook. The kids want to know what’s up. Even your Mom is receiving calls. Stress levels are rising, and fast. Is… Read more »
Russ B. Cope is dedicated to legal standards that go far beyond filing cases — he is interested in your goals. Russ wants to be certain that each client is making an informed decision that will make their life better, and thrives on the interaction between lawyer and client.
