Supreme Court Decides Charles E. Harris, III, Petitioner v. Mary K. Viegelahn, Chapter 13 Trustee

No. 14-400 (Certiorari to the U.S. Court of Appeals for the Fifth Circuit)

Issue: Whether, when a debtor in good faith converts a bankruptcy case to Chapter 7 after confirmation of a Chapter 13 plan, undistributed funds held by the Chapter 13 trustee are refunded to the debtor (as the Third Circuit held in . . . → Read More: Supreme Court Decides Charles E. Harris, III, Petitioner v. Mary K. Viegelahn, Chapter 13 Trustee

NACTT Salt Lake City Speaker Newly Appointed Judge

Eduardo V. Rodriguez has been appointed as the United States Bankruptcy Judge for the Southern District of Texas. Eddie will have big shoes to fill as he steps into the judgeship vacated by retiring Judge Richard S. Schmidt.

Eddie received his M.B.A. with high honors and his J.D. from Texas Tech University in . . . → Read More: NACTT Salt Lake City Speaker Newly Appointed Judge

U.S. House Bill Would Suspend a Homeowner’s Right to Enforce Accurate Mortgage Pricing - Advocates Oppose Bill that Would Let Lenders Off the Hook

FOR IMMEDIATE RELEASE: MAY 14, 2014

(WASHINGTON) Homeowners’ legal rights if they are given inaccurate pricing information before taking out a mortgage should not be suspended, according to letters sent today to Congress and the Consumer Financial Protection Bureau (CFPB) by the National Consumer Law Center, on behalf of its low income clients, and . . . → Read More: U.S. House Bill Would Suspend a Homeowner’s Right to Enforce Accurate Mortgage Pricing – Advocates Oppose Bill that Would Let Lenders Off the Hook

NCLC Nationwide Survey Finds Major Problems with Mortgage Servicers

READ NCLC’s policy brief re: this survey: http://www.nclc.org/images/pdf/foreclosure_mortgage/mortgage_servicing/ib-servicing-issues-2015.pdf

(Washington) The National Consumer Law Center (NCLC) conducted a nationwide survey from February 24 to March 3, 2015, of more than 100 attorneys and housing counselors representing homeowners. The survey’s results show significant ongoing problems with mortgage servicing. While the CFPB’s mortgage servicing regulations have made . . . → Read More: NCLC Nationwide Survey Finds Major Problems with Mortgage Servicers

Science Says Sitting Is Killing Us - So It’s IT To The Rescue!

By The Honorable John P. Gustafson, United States Bankruptcy Court for the Northern District of Ohio

A recent study, published in the January 20th edition of the Annals of Internal Medicine (on news stands now!) says that sitting for long periods is associated with one of our least favorite things – early death. Some . . . → Read More: Science Says Sitting Is Killing Us – So It’s IT To The Rescue!

Meet Faye English

Ms. English was appointed as the Chapter 13 Trustee in Columbus, Ohio in August 2014. She filled the vacancy left by Jeff Norman who was appointed as a United States Bankruptcy Judge.

Ms. English began her professional career in banking. After working for five years, she decided law school was the fastest way . . . → Read More: Meet Faye English

CFPB Finalizes Rule Aimed At Improving Credit Card Agreement Submission Process

CFPB Finalizes Rule Aimed At Improving Credit Card Agreement Submission Process – Bureau to Temporarily Suspend Card Issuers’ Obligation to Submit Credit Card Agreements

FOR IMMEDIATE RELEASE: April 15, 2015

WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) issued a final rule aimed at improving the way that companies submit . . . → Read More: CFPB Finalizes Rule Aimed At Improving Credit Card Agreement Submission Process

CFPB Issues Guidance On Housing Counselor Requirement

CFPB Issues Guidance On Housing Counselor Requirement – Final Interpretive Rule Includes Additional Instructions for Providing Housing Counselor Information

FOR IMMEDIATE RELEASE: April 15, 2015

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today issued a final interpretive rule on how to provide mortgage applicants with a list of local homeownership . . . → Read More: CFPB Issues Guidance On Housing Counselor Requirement

Fessenden Inducted Into ACB

Peter C. Fessenden was inducted into the American College of Bankruptcy on March 14th as part of Class 26.

Mr. Fessenden is the Standing Chapter 13 Trustee for the District of Maine. He has served in that position since 1981. He also acts as Trustee for all Chapter 12 cases filed in Maine, and . . . → Read More: Fessenden Inducted Into ACB

CFPB Considers Proposal To End Payday Debt Traps

CFPB Considers Proposal To End Payday Debt Traps Proposal Would Cover Payday Loans, Vehicle Title Loans, and Certain High-Cost Installment and Open-End Loans

(March 26, 2015)

WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) announced it is considering proposing rules that would end payday debt traps by requiring lenders to . . . → Read More: CFPB Considers Proposal To End Payday Debt Traps