Not all debts are covered by the Fair Debt Collection Practices Act. Consumer debts are the only debts that fall within the ambit of the Act. Though a collector may violate Washington or Oregon state collections laws by engaging in collections activity that would normally violate the FDCPA, if the debt itself is commercial rather than consumer, there is no violation of the Fair Debt Collection Practices Act.

The Fair Debt Collection Practices Act limits the places and times for a collector to contact an Oregon or Washington consumer. The Act also severely limits third-party contacts and bars a collector from contacting a consumer represented by counsel.

You’re sitting at the kitchen table, poring over the bills – again. What impact does it have on your family?
If you’re deep inside your own financial problems, you’re probably not in a frame of mind to think about those around you.
You don’t see their faces as they watch you grimace over the past-due bills.

Sallie Mae splits into two companies. Why should we all be worried?

Comedian David Adkins, better known as Sinbad, filed for Chapter 13 bankruptcy protection.  He filed for bankruptcy protection previously in 2009.  The 56-year-old funny man jokingly claims to be broke, but documents related to his filing claim he makes $16,000 per month. This may not seem like typical pocket change but the comedian reportedly owes [...]

By John Clark
Just a few months after creditors accused him of committing bankruptcy fraud, the former head football coach at the University of Arkansas has settled his bankruptcy case, according to a report from Arkansas Business.

Written by: Robert DeMarco

When you file bankruptcy, a failure to list all real property you own could sink your case.
During an initial consultation, my client told me of her financial woes in great detail. Every credit card had a story, every debt an attendant nightmare.
When we got to the real property she owned, she duly told me about the home in which she lived.

Written by: Robert DeMarco
Jose Canseco, former Major League Baseball outfielder and designated hitter, is probably best know for his record setting season in 1988 when he hit 42 home runs and stole 40 bases.   He also achieved a great deal of notoriety after publishing his tell-all book, Juiced: Wild Times, Rampant ‘Roids, Smash Hits & How Baseball Got Big, in which he claimed that the vast majority of MLB players use steroids.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for May 30, 2013 Bill would safeguard DIA artworks in the event of Detroit bankruptcy Casey Anthony bankruptcy hearing today John L. Smith reaches settlement in bankruptcy case