Banks Profiting From Overdraft Coverage Plans, Federal Agency Says
Click here for the CFPB Report
The expanded Consumer Complaint Database now available.
This is a worker’s comp case but was simply too good not to post. Female employee traveling for her employer met a “friend.” With him, at her hotel, became “injured whilst engaging in sexual intercourse when a glass light fitting above the bed was pulled from its mount and fell on her.” She sued . . . → Read More: Too Good Not to Share
Rules To Facilitate Lending by Certain Small Creditors and Community Lenders
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) finalized rules to facilitate access to credit by creating specific exemptions and modifications to the CFPB’s Ability-to-Repay rule for small creditors, community development lenders, and housing stabilization programs. The amendments also revised rules . . . → Read More: CONSUMER FINANCIAL PROTECTION BUREAU FINALIZES AMENDMENTS TO ABILITY-TO-REPAY RULE
Bureau Report Highlights Student Debt As A Roadblock To Opportunity For Consumers – Bureau Identifies Path Forward to Spur Affordable Repayment Options CFPB Amends Card Act Rule To Make It Easier For Stay-At-Home Spouses And Partners To Get Credit Cards – Amendment Allows Consumers Who Are 21 Or Older To Rely On Accessible . . . → Read More: CFPB Update
Joseph Smith nears completion of his consumer relief crediting and compliance reviews of servicing reforms
RALEIGH, N.C. – Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, has received an update on the consumer relief activities the five banks that are parties to the Settlement reported through March . . . → Read More: Mortgage Settlement Monitor Reports Consumer Relief Data
Your car has been impounded and you can’t afford the ransom to secure its release. The answer to your dilemma appears as you wander the corridor of the impoundment offices. An “angel” appears offering a solution to your problem. For a small fee of $500 the “angel” will set you and your wheels free. . . . → Read More: Taking Bankruptcy Abuse to a Whole New Level
By Helen M. Morris, Chapter 13 Trustee, Northern and Southern Districts of West Virginia
Debtor math baffles me. I work base 10 daily; I am even competent in base 6 and can do binary. But I just can’t get the hang of debtor math.
For example, in a motion filed by an experienced debtor . . . → Read More: Debtor Math
NACTT is pleased to have in their all-star seminar lineup, Jenny Doling. Ms. Doling was recently awarded the National Association of Consumer Bankruptcy Attorneys’ Distinguished Service Award. NACBA recognized Ms. Doling for her many years of invaluable service to the national organization, as well as, her extraordinary contribution to advancing the goals . . . → Read More: 48th Annual NACTT Seminar – REGISTER NOW – Discounted Registration Ends June 15th