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 … [Read more...] about Chase and Zombie Debts
Getting a Mortgage After Bankruptcy in Ohio
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 … [Read more...] about Getting a Mortgage After Bankruptcy in Ohio
Will My Children Be Left with My Debts If I Die?
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 … [Read more...] about Will My Children Be Left with My Debts If I Die?
Can a Creditor Contact Me After I Hire a Lawyer?
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 … [Read more...] about Can a Creditor Contact Me After I Hire a Lawyer?
How Much Will Bankruptcy Lower My Credit Score?
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 … [Read more...] about How Much Will Bankruptcy Lower My Credit Score?
Credit Reporting Under the Fair Credit Reporting Act: Know Your Rights
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 … [Read more...] about Credit Reporting Under the Fair Credit Reporting Act: Know Your Rights