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Tag Archives: National Association of Consumer Bankruptcy Attorneys
Debtors 1 – Creditors 0
With persistence and determination, Ohio NACBA members were successful in persuading the republican controlled, Ohio legislature to raise the homestead exemption by over $100,000,00. Since then, trustees in Ohio have battled against the debtor’s use of the new exemption. The … Continue reading
Student loan debt should be treated like Detroit’s
Last Thursday, Detroit gained the dubious distinction of becoming the largest municipality in American history to declare bankruptcy. In the days since, various partisan sources have weighed in on the story of a bankrupt major American city. Over at Slate, … Continue reading
Costly Debt Settlement Schemes Prey on the Most Debt-Burdened Consumers Struggling to Recover from Economic Downturn
WASHINGTON, D.C. – October 17, 2012 – As few as one in 10 unwary consumers who are lured into so-called “debt settlement” schemes actually end up debt free in the promised period of time, making the risky schemes the No. … Continue reading
Student Loans — Do Criminals Have More Rights?
Student lenders have collection powers denied most creditors. Credit card companies can’t garnish your wages without a court order. A federal student loan collector can garnish your wages just by sending a notice in the mail to your employer. Credit … Continue reading