Articles from Diane L. Drain - Phoenix Bankruptcy & Foreclosure Attorney

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Bank of America Holds Family Hostage According to Judge

Submitted by Anonymous (not verified) on Thu, 10/19/2017 - 20:29

October 19, 2017 – Article posted in Bloomberg.com.
Bank of America tries to bully a bankruptcy judge, ignoring the consequences of an illegal acts, but the judge is not standing for it.

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FDAA Cheated Consumers, Sued for Fraud & Misleading Clients

Submitted by Anonymous (not verified) on Sun, 10/15/2017 - 21:05

Sued for Fraud – Federal Debt Assistance Association, LLC and Financial Document Assistance Administration, Inc. “FDAA”

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STOP PAYDAY LOAN DEBT TRAPS – CFPB NEW RULE

Submitted by Anonymous (not verified) on Tue, 10/10/2017 - 04:07

Lenders Must Determine Upfront If Consumers Have the Ability to Repay Loans
October 5, 2017
The Consumer Financial Protection Bureau (CFPB) has developed a new rule which has common-sense protections cover loans that require consumers to repay all or most of the debt at once, including payday loans, auto title loans, deposit advance products, and longer-term loans with balloon payments.

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Anti-Puppy Mill Law Upheld

Submitted by Anonymous (not verified) on Wed, 09/27/2017 - 02:11

Article in Journal Sentinel, part of the USA Today Network
Chicago’s Anti-Puppy Mill Law Upheld by Appellate Court

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Wells Fargo and Equifax to be Roasted by Senate

Submitted by Anonymous (not verified) on Fri, 09/22/2017 - 21:01

CEOs for Wells Fargo and Equifax to be roasted:
Wells Fargo and Equifax to be roasted by Senate

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Debt settlement a bad alternative to bankruptcy

Submitted by Anonymous (not verified) on Mon, 09/04/2017 - 21:03

Debt settlement a bad alternative to bankruptcy
By Liz Weston NerdWallet.com, Aug 30, 2017 (a summary from South Bend Tribune)

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Debt settlement a bad alternative to bankruptcy

Submitted by Anonymous (not verified) on Mon, 09/04/2017 - 21:03

Debt settlement a bad alternative to bankruptcy
By Liz Weston NerdWallet.com, Aug 30, 2017 (a summary from South Bend Tribune)
Many people believe that hiring a company to settle their debts is better on their credit, will cost them less in the long run and will generally be better than a bankruptcy. This is what the debt settlement industry would like you to believe. The following are some clips from an article by Ms. Weston which details the real cost of debt settlement.