Collection Industry News

NOVEMBER 16, 2021

Further, mortgage holders who discover fraud may call the mortgage due, which may ultimately lead to foreclosure. While this is a significant increase, it’s important to note that CoreLogic’s Mortgage Fraud Index was at an all-time low a year earlier in Q2 2020. disguise aspects of the transaction from the lender or other parties.

Foreclosure 40

Foreclosure Lender Loans Collections 40

Sawin & Shea

JUNE 18, 2020

Another route to protecting your home is to use bankruptcy to halt a foreclosure, which is usually possible all the way up to the point of a sheriff’s sale. The other main category of exemptions is called intangible assets. So if you’re about to lose your home, you may be able to use bankruptcy to stop the process.

Chapter 7 bankruptcy 98

Chapter 7 bankruptcy Bankruptcy Chapter 13 bankruptcy Foreclosure 98

Debt Free Colorado

MARCH 3, 2023

There are officially six separate categories of bankruptcy , each designated after a specific section of federal bankruptcy law. Are you at risk of falling into foreclosure, being evicted, or having your utilities cut off? Do Bankruptcies Come in Different Types? What Benefits Can I Get from Filing for Bankruptcy?

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52

Roths Child Law

MARCH 12, 2021

It’s possible to exclude debt discharged in the Home Affordable Modification Program or through foreclosure in some cases. There are some exceptions in certain categories on a person-by-person basis that you should look into with the help of your attorney. What can you do about forgiven debts in other forms?

Credit Card Debt 40

Credit Card Debt Foreclosure Loans Bankruptcy 40

Consumer Financial Services Law

FEBRUARY 17, 2017

Each month, the report focuses on a category of consumer financial products. This category includes loan modification, collection and foreclosure issues. The Monthly Complaint Report provides a high level snap shot of trends in consumer complaints, using a three month rolling average of complaints.

Student loans 40

Student loans Student Loans Foreclosure Loans 40

Troutman Sanders

OCTOBER 26, 2020

On Friday, October 23, Ohio Senate President, Larry Obhof, and Governor Mike DeWine announced the creation of the “Home Relief” program to assist Ohioans facing evictions, foreclosures, and water service shut-offs during the current COVID-19 pandemic. For more information, click here. For more information, click here.

Financial services 52

Financial services Financial Institution Foreclosure Banks 52

Jimerson Firm

MAY 12, 2021

Continued reading: Certification of Original Promissory Note is Required to Bring a Mortgage Foreclosure Action. Who is a “Successor in Interest”? Lenders need to be aware of these obligations and implement standard procedures to get into compliance with the Rule, and follow best practices to preserve the value of the collateral.

Collateral 52

Collateral Lender Loans Foreclosure 52

Public Citizen

JULY 6, 2020

Although collecting government debt is no doubt a worthy goal, the Government concedes that it has not sufficiently justified the differentiation between government-debt collection speech and other important categories of robocall speech, such as political speech, charitable fundraising, issue advocacy, commercial advertising, and the like.”.

Collections 70

Collections Student loans Student Loans Government 70

Troutman Sanders

MARCH 8, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. For more information, click here. million are behind on rent.

Financial services 52

Financial services Retail Foreclosure Financial Institution 52

Collection Industry News

JUNE 28, 2022

In the first quarter of 2022, Florida ranked almost exactly in the middle of the pack in three key categories of the national homeowner economy: delinquent mortgages, total non-current mortgages, and foreclosure rates, according to a report issued by Jacksonville-based Black Knight Data & Analytics, Inc., Source: site.

Foreclosure 40

Foreclosure Loans Collections 40

Better Credit Blog

JANUARY 14, 2021

Credit inquiries come in two different categories: hard and soft credit checks. Foreclosures. If you are overwhelmed by dealing with negative entries on your credit report, we suggest you ask a professional credit repair company for help. Ask Lex Law for Help. How Do Hard Inquiries Impact Your Credit Report? Charge-offs. Repossessions.

Loans 52

Loans Repossession Foreclosure Bankruptcy 52

Better Credit Blog

NOVEMBER 24, 2020

You can select any one of these six factors from your Chase dashboard to see how much impact they have, how you’re doing, and to get an overview of your credit usage in that category. Public records such as bankruptcy or foreclosure. This includes changes like: A hard or soft inquiry. New account. Late payment. Collections.

Lender 52

Lender Education Bankruptcy Banks 52

Debt Free Colorado

DECEMBER 9, 2021

While bankruptcy law forces you to sell some assets to repay unsecured creditors, the majority of Americans keep all of their property because of bankruptcy limits on the categories of assets that may be used to settle debts. The lender protects the borrower against foreclosure. The means test decides who can seek debt relief.

Chapter 13 bankruptcy 75

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 75

FDCPA Defense

NOVEMBER 11, 2014

In rejecting the overshadowing claim, the Fifth Circuit stated: “The supposed threat falls in the category of letters that encourage debtors to pay their debts by informing them of the possible negative consequences of failing to pay, words that do not overshadow the required notice language. at 511; see also Lansing v.

Debt collector 40

Debt collector Debtor Creditors Original Creditor 40

Troutman Sanders

AUGUST 14, 2023

Analisa Torres ruled that three out of four categories of XRP token sales did not constitute an investment contract. On July 27, B25-0363, the Foreclosure Moratorium and Homeowner Assistance Fund Coordination Emergency Amendment Act of 2023, was signed by Mayor Muriel Bowser (D). Ripple Labs , et al. , 20-cv-10832 (S.D.N.Y.),

Financial services 52

Financial services Foreclosure Banks Loans 52

Better Credit Blog

JANUARY 5, 2021

Citicards come in several categories, including: 0% APR. They can also help with a slew of credit problems, like: Foreclosures. CBNA Sioux Falls On My Credit Report. Citibank is one of the nation’s most popular providers of credit cards. They have offers to meet a wide range of interests. Balance transfers. Collections-stage debt.

Loans 52

Loans Banks Repossession Lender 52

Better Credit Blog

JANUARY 5, 2021

Citicards come in several categories, including: 0% APR. They can also help with a slew of credit problems, like: Foreclosures. CBNA Sioux Falls On My Credit Report. Citibank is one of the nation’s most popular providers of credit cards. They have offers to meet a wide range of interests. Balance transfers. Collections-stage debt.

Loans 52

Loans Banks Repossession Lender 52

Troutman Sanders

MAY 3, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. ” To read more about the EEOC’s announcement, click here.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

Collection Industry News

AUGUST 9, 2021

On February 24, 2021, five New York landlords filed a complaint in federal court, alleging that Part A of the state’s COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 (the “ Act ”) violates their constitutional rights ( Chrysafis, et al. James , Case No. 2:21-cv-00998). The Act (S.9114/A.11181)

Foreclosure 40

Foreclosure Government Judgment Lender 40

Troutman Sanders

MAY 2, 2023

The bill additionally leaves room for assets that don’t fit neatly into either category. On April 26, the CFPB issued an advisory opinion, reminding the industry that a debt collector who brings or threatens to bring a foreclosure action to collect a time-barred mortgage debt may violate the Fair Debt Collection Practices Act.

Financial services 52

Financial services Trade Consumer Credit Government 52