FINANCE LAW

This industrywide but obscure practice is called the dealer markup. Over several decades, laws and federal actions have pried open the credit process. Under fair housing laws, for example, all points and commissions must be specifically disclosed. More recently, banks and other major lenders have spend millions of dollars on credit systems that screen out […]

Contents Introduction What is bankruptcy? Who may declare bankruptcy? Who is involved in bankruptcy proceedings? What constitutes the bankruptcy estate? What is Chapter 7 bankruptcy? What are some of the advantages and disadvantages of filing bankruptcy? What debts are not discharged in a Chapter 7 bankruptcy? What property may I keep in a Chapter 7 […]

What are some of the advantages and disadvantages of filing bankruptcy? Advantages: With a few notable exceptions, bankruptcy stops all ongoing legal actions against the debtor, prevents a creditor from beginning new legal actions against the debtor, and prohibits creditors with notice of the bankruptcy case from contacting the debtor, or anyone else besides the […]

In general, bankruptcy proceedings involve: the debtor – the person who files bankruptcy, also known as “the petitioner”; the creditors – any persons, firms or entities that claim the debtor owes them money; the trustee – a court-appointed person who administers the bankruptcy proceedings and any property available for distribution to creditors (called the bankruptcy […]

Here is a checklist of basic questions to ask before you hire a lawyer: What is your experience in this field? Have you handled matters like mine? What are the possible outcomes of my case? What are my alternatives in resolving the matter? Approximately how long will it take to resolve? Do you recommend mediation […]

Protect your legal rights. If you have problems with your account, contact our lawyers for more information. Computer tapes with information about consumer lending lost by UPS in transit to credit bureau. June 6, 2005 NEW YORK – Citigroup (Citibank) said Monday June 6, 2005 that personal information on 3.9 million consumer lending customers was […]