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Category Archives: Courts
New rule allowing Ga. homeowners to halt foreclosures
New rule allowing Ga. homeowners to halt foreclosures.
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 banking, Banks, Business debts, court judgment, Debt Collection, finance, financial news, judgment, judgment debtor, judgment enforcement, judgment recovery, Mortgage
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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 banking, credit card debt, finance, financial news
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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 court judgment, judgment award, judgment debtor, judgment enforcement, judgment plantiff, judgment recovery
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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 court judgment, credit card debt, Debt Collection, Debtors, financial news, judgment, judgment award, judgment debtor, judgment enforcement, judgment plantiff, judgment recovery
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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
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
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
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