January 9, 2020, the Bureau filed suit against several companies and individuals involved in offering student loan debt-relief services for allegedly obtaining consumer reports illegally, charging unlawful advance fees, and engaging in deceptive conduct. The Bureau’s action is against a mortgage lender called Chou Team Realty, LLC, which does business as Monster Loans (Monster Loans); an allegedly sham mortgage brokerage...
Critical Case Comment – Maney v. Kagenveama, 2008 WL 2485570 (9th Cir. June 23, 2008)
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Maney v. Kagenveama, 2008 WL 2485570 (9th Cir. June 23, 2008)
Summary of the Case
Ms. Kagenveama was an above-median income debtor whose Schedule I income and Current Monthly Income were identical: $6,168.21. Subtracting Schedule J listed monthly expenses resulted in $1,523.89 per month excess. The deductions from Current Monthly Income per Form B22C resulted in a negative "disposable income": -$4.04. Her plan proposed to pay $1,000 per month over a three-year period . . .
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