MORE BILLS PASSED TO PROTECT CONSUMERS AGAINST PREDATORY LENDING
Posted on July 21st, 2009
Predatory lending is widely seen as one of the triggers for the current housing market slump and subsequent economic recession. In response to this predatory lending, Congress passed the Mortgage Reform and Anti-Predatory Lending Act in May of 2009 as an initial step towards restructuring the guidelines by which mortgage companies must abide. Congress recently [...]
BANKRUPTCY RELIEF
Posted on January 17th, 2009
With today’s volatile economy, the issue of bankruptcy relief is a hot topic. Many individuals and businesses are considering whether bankruptcy relief is an option for them and what does it specifically mean for them. First, bankruptcy relief requires filing documentation with the United States Federal Court seeking relief from payment of debt and a [...]
