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Thinking About Arbitrating Your Credit Card Dispute? California Results Show The Odds Are Against You! »

Jay Fleischman, in his article on the Bankruptcy Law Network entitled:  “Report:  Arbitration Stacks The Deck Against Consumers”, discusses the findings of a Public Citizens study which found that Arbitration proceedings, allegedly designed to resolve credit card debt disputes, favor the credit card industry.
In a follow up article by Brett Weiss on this site, Brett notes that [...]

Financed Your Computer with Dell Financial Services? Check Your Contract! »

Did you buy a Dell Computer using Dell Financial Services, L.P. to finance the debt?  Well, at least one court has found that Dell
In the case of The People of the State of New York v. Dell, Inc. and Dell Financial Services, L.P., the court found that Dell lured consumers to purchase its products with [...]

I Live In Louisiana! What Does A Creditor Have To Do To Garnish My Wages? »

Garnishment is a process where a creditor gets paid the money it is owed from a debtor.  Often, the garnishment is of the debtor’s wages.
Louisiana is a judicial garnishment state, meaning that in order for a creditor to collect money from a third party such as an employer, it must first go in to court and [...]

Service Employees International Union And League Of Young Voters Sponsor “Debt Disease” Video Contest »

The Service Employees International Union and The League of Young Voters recently sponsored a contest to create a public service announcement on the topic of “debt disease.”  The winning video will be announced on April 23 2008.
The contest, entitled:  “Keep It In Your Pants” was open to students as young as age 14, from middle school through [...]

What Is A Deficiency Judgment And Are They Permitted In Louisiana? »

In another article I recently discussed the process of foreclosure in Louisiana.  When a house is sold at a foreclosure sale the sale has to pay for more than just the balance owed on the mortgage.  It must pay for the attorney’s fees of the creditor’s attorney, the court costs for filing the foreclosure suit, [...]