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Bankruptcy Disclaimer Did Not Violate FDCPA

Consumer Financial Services Law

A district court in Michigan recently dismissed an FDCPA action, holding that a letter which included a bankruptcy disclaimer was for informational purposes only and did not violate the FDCPA. In those cases, the Sixth Circuit concluded that foreclosure proceedings are debt collection. successor by merger to LaSalle Bank Midwest, N.A.

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Debt After Death: 9 Things You Need to Know

Credit Corp

DISCLAIMER. If your loved one doesn’t have any beneficiaries listed on their will when they die, their mortgaged property may go into foreclosure. At that point, their bank will sell the property to recover the mortgage debt. Losing a loved one is hard on so many levels. What debts are forgiven at death, for instance?