Debt Free Colorado

MARCH 3, 2023

There are officially six separate categories of bankruptcy , each designated after a specific section of federal bankruptcy law. When the lead debtor on a co-signed loan is discharged in bankruptcy, the co-signers may still be required to pay back all or part of the loan. Do Bankruptcies Come in Different Types?

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Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52

Roths Child Law

MARCH 12, 2021

The first thing to know is that if your main home’s loan was cancelled or a portion of that debt was eliminated, then you may be able exclude that debt forgiveness from your income. To do this, you’ll need to show that the loan was used to improve your main home, build your main home or buy your main home.

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Credit Card Debt Foreclosure Loans Bankruptcy 40

Collection Industry News

NOVEMBER 16, 2021

Department of Veterans Affairs (VA)-guaranteed loans continue to see the lowest level of risk. Lenders and mortgage loan originators (MLOs) who suspect mortgage fraud are to file a suspicious activity report (SAR) with the U.S. property fraud , when the borrower provides false information about the property. Treasury Department.

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Consumer Financial Services Law

FEBRUARY 17, 2017

Each month, the report focuses on a category of consumer financial products. Here are the highlights of the most recent report: IN GENERAL · Student loans showed the greatest increase in complaints comparing October -December 2015 with October-December 2016, showing a 109% increase.

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Student loans Student Loans Foreclosure Loans 40

Troutman Sanders

OCTOBER 26, 2020

On October 23, lawmakers in the House of Representatives introduced a bill to exclude Paycheck Protection Program (PPP) loans from regulators’ calculations of the asset size of smaller banks. PPP loans administered by the Small Business Administration would not be excluded from assets on the institutions’ quarterly call reports.

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Financial services Financial Institution Foreclosure Banks 52

Jimerson Firm

MAY 12, 2021

However, upon notification of the death of a borrower, lenders must “promptly identify and facilitate communication with the successor in interest of the deceased borrower with respect to the property secured by the deceased borrower’s mortgage loan.” Although not required, the confirmed successor in interest may assume the loan upon consent.

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Collateral Lender Loans Foreclosure 52

Public Citizen

JULY 6, 2020

the Court held that a 2015 amendment to the Telephone Consumer Protection Act, which allowed cellphone robocalls to collect federal debts (such as student loans and mortgages), gave unconstitutionally favorable treatment to federal debt collection over other types of speech. American Assn. of Political Consultants, Inc.,

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Collections Student loans Student Loans Government 70

Better Credit Blog

JANUARY 14, 2021

Credit inquiries come in two different categories: hard and soft credit checks. They differ in a few key ways, starting with what prompts them: Soft Credit Check: Occurs when you check your score, get pre-approval for a loan/card, or get screened for a job or new home rental. Foreclosures. Charge-offs. Collections-stage debts.

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Loans Repossession Foreclosure Bankruptcy 52

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. Currently, any student loan debt canceled by the government can be considered taxable and levied at the borrower’s normal income tax rate.

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Financial services Retail Foreclosure Financial Institution 52

Better Credit Blog

NOVEMBER 24, 2020

While Chase doesn’t give you your FICO score, it can still be a solid indicator of how healthy your credit is and how likely you are to get approved for various loans or credit cards. Public records such as bankruptcy or foreclosure. Getting rejected for a loan application. How Do You Sign Up for Chase Credit Journey?

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Lender Education Bankruptcy Banks 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.,

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Foreclosure Loans Collections 40

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. Chapter 7 will not assist you if your primary source of debt is a mortgage, auto loan, or other kinds of debt.

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Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 75

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 August 8, the Office of the Comptroller of the Currency (OCC) issued a bulletin to provide banks with guidance regarding the applicability of the legal lending limit to purchased loans. Ripple Labs , et al. ,

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Financial services Foreclosure Banks Loans 52

Better Credit Blog

JANUARY 5, 2021

Citicards come in several categories, including: 0% APR. Citi also offers personal loans, lines of credit, and mortgages, which can prompt a hard inquiry. If you go on Citibank’s website and compare quotes or get pre-approved for a loan or credit card offer, you don’t have to worry about a hard inquiry. Balance transfers.

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Loans Banks Repossession Lender 52

Better Credit Blog

JANUARY 5, 2021

Citicards come in several categories, including: 0% APR. Citi also offers personal loans, lines of credit, and mortgages which can prompt a hard inquiry. If you go on Citibank’s website and compare quotes or get pre-approved for a loan or credit card offer, you don’t have to worry about a hard inquiry. Balance transfers.

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. For more information, click here. ” To read more about the EEOC’s announcement, click here.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

Troutman Sanders

MAY 2, 2023

PACE loans, secured by a property tax lien on the borrower’s home, are often promoted as a way to finance clean energy improvements, such as solar panels. The bill additionally leaves room for assets that don’t fit neatly into either category. For more information, click here. Dollar (USD) LIBOR after June 30.

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