My fellow bloggers in this group helped my client this morning when a Wells Fargo collector told my client that despite my representation, and the bankruptcy filing we are preparing, they would contact her (relentlessly) until the filing was complete.  I was thought that was illegal but needed the statutes to cite.
Andy Miofsky of the [...]

An AARP survey, The Cost of Financial Jargon, put some numbers on the cost to consumers of investment instruments larded with technical terms. Thirty percent of those surveyed said they’d made an investment they regretted because they didn’t understand it; 29% failed to invest or waited too long because the information provided was [...]

The stimulus package now in Congress, whereby the country is going to borrow money to give out to some segment of our populace to combat recession, made me think about the differing consequences of living beyond one’s means.
If you are an individual, your debts die with you.  If you are a sovereign nation, the debts [...]

Marriage, or a former marriage, does not make one spouse personally liable for the debts incurred by the other. Yet I’ve had a round of clients reporting that debt collectors have told them “it’s the law” that they are responsible for the debts of an ex. Not so, in California anyway.
Californians seem to be more [...]

Californians enjoy expanded protections from unfair debt collection practices because state law makes the original creditor comply with collector limitations found in federal law. The federal Fair Debt Collection Practices Act applies only to third party collectors; in California even the original creditor, collecting its own account, is subject to the [...]