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The Bankruptcy Law Firm, PC
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361 followers
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The Bankruptcy Law Firm, PC's posts

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"A troubled credit report, such as one that includes unpaid loans or debts that are in collection, can serve as a red flag to the military. That's because a person who is falling behind in their financial obligations may be more open to bribes or accepting money in exchange for disclosing security secrets. As a result, military personnel may be more likely to seek to clear up problems on their credit reports than the general population."

Read more here:

#debt #collection #soldiers

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Read our newest featured article that can be found on this page: http://www.bkylawfirm.com/articles.html

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Learn about the new asset class that is being created to prevent a future market crash:

#fannie #freddie #market

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A settlement has been reached with Wells Fargo Bank after it had been revealed they hadn't notified homeowners about certain aspects of their mortgage. Learn more on the following page: 

#wellsfargo   #bankruptcy   #settlement  

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"House delays consumer mortgage protections"

Bankers now have complete immunity from consumer protection statutes. Take a look at this article to learn more: 

#houseofrepresentatives   #vote   #mortgage  

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"Payday lenders sue FDIC, saying it "stigmatized" them"

Payday lenders are claiming the Federal Deposit Insurance Corporation (FDIC) pressured banks to sever ties with lenders: 

#paydayloans   #fdic   #lawsuit  

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"As Banks Retreat, Private Equity Rushes to Buy Troubled Home Mortgages"

The number of foreclosures is expected to rise in the future. Check out this article to learn more: 

#mortgage   #housingmarket   #foreclosure  

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"Commonly Asked Bankruptcy Questions"

Those who declare bankruptcy should get a bank account with a debit card, instead of getting back into debt after they get a bankruptcy discharge, by accepting and using more credit cards. Learn more here:

#bankruptcy   #faq   #debt  

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"Lienstripping at a Glance"

The US Supreme Court recently ruled that Chapter 7 debtors cannot "lienstrip" a junior lien, even if that junior lien is completely "under water". 

#lienstrip   #chapter7   #debt  

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Bankruptcy appeals have a lot of tricky, detailed, rules that must be followed, or you will lose rights:

#bankruptcy   #appeal   #losangeles  
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