Blogs

What Happens to Mortgage Debts After Bankruptcy?

Nick-GajewskiMany people worry about how filing a bankruptcy case will affect their home.  As long as your case is carefully planned out ahead of time, you can typically file for bankruptcy relief without affecting your mortgage or your home.

Consumer Financial Protection Bureau Recovers $14 Million in First Half of 2017

Last week, the Consumer Financial Protection Bureau (CFPB) announced that in January to June of 2017, supervisory actions resulted in $14 million for over 104,000 consumers.  "The Bureau’s recent supervision work has returned $14 million to more than 100,000 consumers, and found companies deceiving consumers and violating the law," CFPB Director Richard Cordray stated.

The Arbitration Rule: Balancing the Interests of Companies and Consumers

Jace FerraezMandatory arbitration provisions are once again at the forefront of policy discourse on Capitol Hill as government agency heads and members of Congress grapple with how to best balance the interests of both companies and consumers. But there doesn’t seem to be much hope for one side of the debate, as Congress is set to overturn a rule issued by the Consumer Financial Protection Bureau (CFPB) in July of this year.

What Happens If You Don’t Pay Your Student Loans?

Gail DonaldsonAmericans are drowning in student loan debt.  More than 3,000 people default on their federal student loans every day.  It takes around 20 years for the average student loan borrower to pay off their loans.  Today, there are over 44 million Americans with a total student loan debt of $1.4 trillion.  But what happens if you can’t make the necessary paym

How Does a Bankruptcy Affect a Lawsuit?

Attorney Ed WoodsOften, I consult with prospective and existing clients who are involved in a lawsuit. Normally, their first question is exactly how a bankruptcy case affects a lawsuit. The answer to that question depends on several factors.

Senior Citizens Becoming Overwhelmed with Student Loan Debt

Attorney Suzanne ShinnJust when we think we can't take any more bad news about student loans we are now finding out that senior citizens are becoming overwhelmed with student loan debt. Not their own student loan debt, necessarily, but rather student loans that they either borrowed themselves, such as a parent-plus loan, or may have cosigned with their children and even grandchildren.