Consumer Complaints at an All Time High. CFPB Leading the Charge.

Interesting article in Bloomberg Business regarding Consumer Financial Protection Bureau (CFPB) “a record 26,704 complaints were registered in July, up 15 percent from the previous month and up 20 percent from a year ago. The CFPB regulates a wide range of consumer financial products, with the notable exceptions of investments and insurance. Debt collectors inspire the most complaints, followed by problems with credit reports and with mortgages.

Wynn at Law, LLC Builds Legal Team in Wisconsin

Attorney Alyssa S. WilsonLake Geneva, WI – September 3, 2015 – Wynn at Law, LLC, a Southeastern Wisconsin law firm, announces the expansion of its Wisconsin legal team with a new appointment.

How I Save $1,140 A Year On Cable Television Service

On September 2, 2015, Hulu announced that it would offer an ad-free level of its popular streaming service. This prompted a lot of my Facebook friends to start talking about cutting their cable service.
According to the company’s press release:

7 Reasons to File a Kenosha Bankruptcy Before A Divorce

Divorce causes stress and amplified emotions for all family members. Once you realize you must also reconcile marital debt, you can double the stress for you and your spouse. Filing a Kenosha bankruptcy before divorcing, preferably jointly, can be a great solution to marital debt problems. We’ve put together a list of seven reasons why filing a Kenosha bankruptcy before divorcing may be the perfect option for you and your spouse.

Beware Debt’s Silent Partner

6,969 Complaints about Credit Reporting in Just ONE Month (July 2015)

The Consumer Financial Protection Bureau (CFPB) released its monthly consumer complaints snapshot. The report spotlights credit reporting complaints. According to the report, the majority of the credit reporting complaints were about problems with incorrect information on the reports.

Student loan debt and bankruptcy update

Here at Shenwick & Associates, many of our bankruptcy clients (especially younger ones) have outstanding student loans. Although the Bankruptcy Code doesn't contain an express prohibition against discharging student loans in bankruptcy, the bar to doing so is very high. Most (but not all, as we'll discuss below) appellate courts, follow the standard laid out in Brunner v. New York State Higher Education Services Corp.

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