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Here’s a Chance to Voice Your Concerns About Credit Card Practices »

Okay, folks, here’s your chance. The Federal Reserve has opened a comment period for proposed new regulations of credit card lenders.
The Federal Reserve Board on Friday proposed rules to prohibit unfair practices regarding credit cards and overdraft services that would, among other provisions, protect consumers from unexpected increases in the rate charged on pre-existing [...]

Creditor Can Not Claim Mistake Defense Without Precautions »

When a debt collector tried to collect an unjustified legal fee from a tenant and was caught in the act, it claimed it had made a bona fide error in defense. The 9th Circuit Court of Appeals, in Reichert v. National Credit Systems, Inc., just recently upheld the federal district court in denying use [...]

Confessions of a Debt Collector: How I Violated the FDCPA, and Why »

This is an excellent video posted to YouTube by prominent FDCPA attorney Peter Barry and taken from his appearance on the Mike and Juliet Show, a morning television show produced by Fox.  The video is interesting and instructive for several reasons.  It starts out with interviews of consumers who have been victims of unethical debt [...]

How Long Does a Credit Card Company Have to Sue Me? »

A recent article by Bankruptcy Law Network member Jay Fleischman talks about statutes of limitations that apply to credit card debt.
The case, Capital One Bank USA, NA v Gregorich, dealt with whether Capital One’s lawsuit against Ms. Gregorich was filed on time, or was barred by the statute of limitations. Ms. Gregorich lived in Florida, [...]

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 [...]