Sentences with phrase «of creditor abuse»
You have rights as a consumer under the federal Fair Debt Collection Practices Act, and if you are a victim of creditor abuse, the attorney from the firm knows what actions to take against the lender or collection agency that is harassing you.
http://www.bankruptcylawyerpalmdaleca.com/ Not exact matches
Greece's political leaders, more accustomed to screaming abuse at each other in parliament, issued an unprecedented joint statement after a day of talks at the president's office backing efforts to reach a deal with creditors.
A small minority of filers try to abuse the bankruptcy process to hide assets and cheat creditors.
Within 10 days of the creditors» meeting, the U.S. trustee will report to the court whether the case should be presumed to be an abuse under the means test described in 11 U.S.C. § 704 (b).
Though consumers are protected financially from this abuse, other creditors may take note of all this activity and decide to raise your interest rates or refuse to grant you a loan.
We reserve the right (but shall not be obligated) to filter your Action requests through our validation and frivolous filter engines designed to avoid abuses, provide continuity and protect our communications to the source or furnisher of information (i.e. your creditor) that is the subject of your Action.
Creditor harassment and abuse immediately terminates, State and Federal Laws are immediately invoked, and lawsuits and counter lawsuits are filed from our quiver of offensive maneuvers to protect your rights that creditors and debt buyers do not want you to know about.
In the wake of more debtors struggling with their dues, creditors seem to have stepped up their money - realization techniques by making embarrassing calls at work, divulging your debt details to your neighbors, resorting to abuses, and lying about their status (debt collectors often claim that they are employed by credit bureau).
Fair Debt Collection Practices Act: A federal law that protects all consumers from abuse or threats from collection agencies trying to collect overdue payments on behalf of the original creditor.
This process can create a high degree of risk for consumers, who are open to abuse by companies interested in only collecting up - front fees while leaving consumers to deal with disgruntled creditors, most of whom are not interested in waiting for years to accept a pennies - on - the - dollar settlement.
The LIT administers the proposal or the bankruptcy, investigates the financial affairs of the debtor, ensures that the debtor's rights are not abused, and protects the rights of the creditors.
A «presumption of abuse» will arise if: (1) the debtor has at least $ 182.50 in current monthly income available after the allowed deductions (this equals $ 10,950 over five years) regardless of the amount of debt, or (2) the debtor has at least $ 109.59 of such income ($ 6,575 over five years) and this sum would be enough to pay general unsecured creditors more than 25 % over five years.
However, those same qualities leave them open to abuse, by those seeking to disguise ownership of their assets and frustrate the enforcement efforts of their creditors.
He did, however, find that, given the time lapse, the potential creditors» claims were prima facie liable to be dismissed for want of prosecution or abuse of process.
They are also able to assist those in financial debt that are dealing with the constant harassment of creditors that relentlessly hound and even at times abuse consumers.
Price Law Group has over 20 years of experience handling cases involving bankruptcy, creditor abuse and debt settlement.
The unsecured creditors that make up the Committee, most of whom were victims of clergy sexual abuse, will not obtain access to the value of over 200 non-profit entities affiliated with the Archdiocese of Saint Paul and Minneapolis to pay their claims.
It follows from this that it may well be an abuse of the correct use to serve a demand where you, as creditor, can not be sure that the debt is uncontested.
A large bank believed creditors should be permitted to establish processes and controls around the issuance of waivers, while a settlement agent and a credit union commenter recommended that the Bureau develop disclaimer language for a waiver to mitigate the risk of abuse, and a mortgage broker commenter believed consumers should be able to acknowledge at closing that they have waived the rule's timing requirements.