I am currently involved in a negotiation with a collection agency regarding my client’s debt with a large credit card issuer.  My client owes about $60,000 and she does not want to file for bankruptcy.   My client does not own a house and she works as a consultant, meaning that she can make good money [...]

 In a previous article on this site, IRS Warns Of New Credit Scam Via Phishing Email, Susanne Robicsek discusses a variation on phishing scams.
Phishing, is an attempt to illegally acquire information about you such as your bank account numbers, social security number and passwords.  The e-mail appears to be from a legitimate company such as ebay, [...]

The Credit Cardholders’ Bill of Rights is pending in the House of Representatives now. But when subcommittee hearings were held recently, consumer privacy was apparently not high on the subcommittee’s agenda. That’s a sad commentary on how legislation gets marked-up these days.
On March 13, the Subcommittee heard testimony from learned academics like [...]

Ah, once again we arrive at tax season. I know this because my office is right next door to a very large accounting firm, and I know it’s tax season when I come in on a Saturday morning and their parking lot is full. This year I’m sure we have something in common, [...]

In 2003 Congress enacted the Fair and Accurate Credit Transactions Act which requires the big three credit reporting bureaus to supply every consumer with one free credit report a year.  However, while the reporting bureaus do in fact make the free credit reports available, they have also used this law as an opportunity to market services [...]

The amount of thought that goes into credit card marketing is staggering. I can only imagine a world where as much thought goes into solving our nation’s problems as goes into the marketing of credit cards.
If you have a credit card, and chances are that you have some type of plastic in your [...]

I received this interesting question by a visitor to my Atlanta bankruptcy law web site:
I have a friend who had a vehicle repo almost 7 years ago and there now taking a sum of 25% of his check what can he do and can they wait so long?
Here is my response: First, I think [...]

MARCH 11, 2008 – A couple of weeks ago, I reported on CreditLawNetwork.com that lawsuits had been filed by Florida Attorney General Bill McCollum against two debt reduction companies for swindling consumers. Last week, he went after two more.
The Complaint, filed in Duval County Circuit Court, contend that Future Financial Direct and Provident Financial Services [...]

Just in time to compliment your subprime mortgage comes the 401(k) ATM card.  Should you get one?  Probably not!
In an article on street.com entitled:  “Just Put It on My 401(k) Debit Card”  street.com editorial assistant, Simone Baribeau  discusses this new way of borrowing against your retirement and your future.
The card, called  a ReservePlus card, is issued [...]

In this series of articles, I wanted to provide a framework of how to get back into the driver’s seat after bankruptcy. So far, we have discussed receiving the discharge and what to do immediately thereafter, as well as, setting up the mortgage and car payments on auto-pilot (directly debiting same out of your [...]