Category Archives: Courts

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

“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 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

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

Judgment Collection Roadblocks

Judgments are not guaranteed, they are only chances for getting some cash in the future. When the economy was great, a judgment was sometimes a way to get money. Now, they are just a chance of getting some money. In … Continue reading

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

Can a Creditor Take Your Inheritance?

In this day and age of foreclosures, high unemployment, divorces and large credit card debt, an inheritance can certainly help to ease the financial obstacles that many people are facing. But what will happen to your inheritance if you are … Continue reading

Posted in Collections, Court Debt, court judgment, Courts, Debts Owed, Finance, Garnishments, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law | Tagged , , , , , , , , , , | Leave a comment

JPM Chase Quietly Halts Suits Over Consumer Debts

JPMorgan Chase & Co. has quietly ceased filing lawsuits to collect consumer debts around the nation, dismissing in-house attorneys and virtually shutting down a collections machine that as recently as nine months ago was racking up hundreds of millions of dollars in monthly judgments. Continue reading

Posted in Collections, Court Debt, court judgment, Courts, Credit Card Debt, Debts Owed, Finance, Garnishments, Georgia Department of Banking and Finance, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News | Tagged , , , , , , , , , , | Leave a comment

Georgia passes new law: only Lawyers can answer Garnishments or its UPL

Georgia Supreme Court Rules Non-Lawyers May Not Answer Garnishments Date: 9/19/2011 Over the years, Georgia employers have become accustomed to processing and responding to garnishments on their own. While legal counsel might be called upon to handle the more unique … Continue reading

Posted in Collections, Court Debt, court judgment, Courts, Debts Owed, Finance, Garnishments, Georgia, Georgia Department of Banking and Finance, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News, Uncategorized, UPL | Leave a comment

Courts Do Not Act To Collect Money You Are Owed

Once you win a money judgment in civil court you’re not done. Most people assume a court judgment means their debtor will pay them the money they are owed. The assumption your debtor is legally required to pay you is … Continue reading

Posted in Collections, Court Debt, court judgment, Courts, Debts Owed, Finance, Georgia, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News, Uncategorized | Leave a comment

Paying the Debts of a Deceased Relative: Who Is Responsible?

After a relative dies, the last thing grieving family members want are calls from debt collectors asking them to pay a loved one’s debts. As a rule, those debts are paid from the deceased person’s estate. According to the Federal Trade … Continue reading

Posted in Collections, Court Debt, Courts, Debts Owed, Georgia, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News | Leave a comment