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Attorney Facing FDCPA Class Action for Allegedly Attempting to Collect on Judgments for Bankrupt Creditor

Account Recovery

The lawsuit, filed in the Southern District of New York, targets the defendant, a debt collection attorney accused of continuing to collect on judgments against former students of the Technical Career Institute (TCI) despite TCI having filed for Chapter 7 bankruptcy. The background: Technical Career Institutes, Inc.

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Types of Property Subject to Seizure in Chapter 7 Bankruptcy

Sawin & Shea

Filing Chapter 7 bankruptcy provides numerous Indiana residents with debt relief. Fortunately, the vast majority of Chapter 7 filers are able to retain all of their property while also discharging their debts. Indiana Chapter 7 Bankruptcy Exemptions.

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Who Can Declare Chapter 7 Bankruptcy?

Sawin & Shea

If you’re struggling with overwhelming debts, Chapter 7 bankruptcy could be your best option. Chapter 7 is the most common form of bankruptcy for individuals and families, and it allows you to discharge many of your unsecured debts within only a few months. What is Chapter 7 Bankruptcy?

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Appeals Court Partially Reverses Dismissal of FDCPA Case Over Consumer Status and Debt Definition

Account Recovery

The plaintiff, who had previously filed for Chapter 7 bankruptcy, had received a discharge order. The background: The lawsuit was filed after the defendant, a servicing corporation, sent two letters to the plaintiff concerning his residential mortgage loan.

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What are the disqualifiers to filing for Chapter 7 bankruptcy?

Roths Child Law

Many consumers who find themselves unable to pay their bills look to different debt relief options to gain a fresh financial start, including bankruptcy. Chapter 7 bankruptcy can provide you with that clean financial slate that you're looking for where you can wipe away most of your debts. Not passing the means test.

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Judge Rules Defendant Meets FDCPA’s Definition of Debt Collector

Account Recovery

The background: The case was filed after the plaintiff alleged that the defendant continued to attempt collection activities even after the plaintiff had filed for Chapter 7 bankruptcy protection. The defendant attempted to collect the debt using a different name, which implied that an independent third party was involved.

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How long does Chapter 7 bankruptcy stay on credit reports?

Roths Child Law

When a consumer in Tennessee has more debt than they can manage, bankruptcy may be the solution. Consumers commonly choose Chapter 7 bankruptcy, which allows them to erase certain debts, but filing for bankruptcy can impact credit scores. Chapter 7 bankruptcy and credit scores.