Category Archives: Banking

New rule allowing Ga. homeowners to halt foreclosures

New rule allowing Ga. homeowners to halt foreclosures.

Posted in Banking, Banks, Collections, Courts, Debt Collection, Debts Owed, Finance, FInancial News, Georgia, Georgia Department of Banking and Finance, Georgia Government, Judgment Collection, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News, Mortgage | Leave a comment

Bank to pay homeowners up to $30,000 to sell

Bank of America is offering homeowners up to $30,000 to sell their homes in a short sale. The nationwide program, announced this week, is the expansion of a pilot program that started in Florida last year. That program offered homeowners … Continue reading

Posted in Banking, Banks, Collections, Judgment Collection, Judgment Debt, Judgment Enfocement, Judgment Recovery, Mortgage | Tagged , , , , | Leave a comment

Judgments on Credit Reports

Satisfaction/Release of Judgment – leave it to court computer or send letters to the CRA’s? I recently obtained satisfaction/releases for two separate judgments. Both judgments (and release orders) were entered in the same county court. Should I send copies of … Continue reading

Posted in Banking, Collections, Court Debt, Credit Card Debt, Debts Owed, Finance, FInancial News, Judgment Debt, Judgment Enfocement, Judgment Recovery | Tagged , , , , , , , | Leave a comment

Attorney General intervenes to stop illegal payday lending

Attorney General intervenes to stop illegal payday lending in Georgia ATLANTA — At the urging of Georgia Attorney General Sam Olens’ office, Payday Financial, LLC, Green Billow, LLC and Western Sky Financial, LLC, payday lenders which claim to be Native American … Continue reading

Posted in Banking, Collections, FInancial News, Georgia, Georgia Attorney General, Georgia Department of Banking and Finance, Georgia Government | Tagged , , , , | Leave a comment

“Debtors Prison” Bill in Senate Committee Hearing Next Week

An Illinois state bill that would directly address the practice of “body attachment” for debt-related judgments will be the focus of an Illinois Senate committee hearing next week having already unanimously passed that state’s House of Representatives. The bill, HB 5434, … Continue reading

Posted in Banking, Banks, Collections, Court Debt, court judgment, Courts, Credit Card Debt, Debt Collection, Debts Owed, Finance, FInancial News, Garnishments, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Wells Fargo ends free checking

Wells Fargo & Co. customers in the Carolinas will soon see the end of free checking accounts, with the bank charging customers a $7 monthly fee.  The bank hasn’t offered a free checking account to new customers in the Carolinas since … Continue reading

Posted in Banking, Banks, Credit Card Debt, Finance, FInancial News | Tagged , , , , , , | Leave a comment

Wells Fargo faces new fines for mortgage ripoffs

Wells Fargo isn’t done paying for the mess it made in the mortgage market. The Department of Justice appears to be close to bringing charges against Wells Fargo for violations of fair lending laws by its mortgage division in the … Continue reading

Posted in Banking, Banks, Court Debt, court judgment, Courts, Debt Collection, Debts Owed, Finance, Government, Judgment Debt, Judgment Enfocement, Judgment Recovery, Legal News, Mortgage | Tagged , , , , , , , , , , , | Leave a comment

Why Is This Decade-Old Debt Still Hurting My Credit?

Most negative information can stay on your credit reports for no more than seven years, or ten years in the case of certain types of bankruptcy. Then why is an old collection account still appearing on a reader’s credit reports … Continue reading

Posted in Banking, Collections, Court Debt, court judgment, Credit Card Debt, Debt Collection, Debts Owed, Georgia, Georgia Department of Banking and Finance, Georgia Government, Government, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Georgia ranks number 3 among states with most bankruptcies per capita

The state-by-state data reflects the national trend toward fewer bankruptcy filings. Only four of the 50 states showed increases in per capita bankruptcies: Delaware, Illinois, Kentucky and Michigan.  Delaware’s increase was the only substantial one, and it was enough to … Continue reading

Posted in Banking, Collections, Debts Owed, Finance, Georgia, Georgia Department of Banking and Finance | Tagged , , , | Leave a comment

Supreme Court Sides with Issuers in Credit Card Arbitration Case

The U.S. Supreme Court ruled Tuesday that consumers that sign credit contracts with arbitration clauses cannot dispute charges and fees in court cases, despite a 1996 law that expressly allows consumers to file such actions.   The case, CompuCredit Corp and … Continue reading

Posted in Banking, Collections, Court Debt, Courts, Credit Card Debt, Debts Owed, Finance, Law, Legal News | Tagged , , , | Leave a comment