60 Minutes Report Reveals The Broken Credit Report System In America 60 Minutes had an excellent expose of the credit reporting industry and how Equifax, Experian, and TransUnion are not concerned with fixing credit report errors. The journalist on the story was Steve Kroft who really captured the frustration felt by so many consumers who cannot get the attention of the credit bureaus to fix a credit report with errors. 40 million Americans have errors — there are about 200… (Read more)
You must figure out your “current location” If you use your phone or a GPS, it has to figure out your current location before it can tell you how do you get to wherever you want to go. If you want to go to Atlanta, it makes a difference to know where you are right now. Are you in Birmingham, Savannah, New York, or Miami? That current location is going to fundamentally change how you get to Atlanta. In the… (Read more)
Summary of the case Bank of America forecloses They foreclosed on our client. Bank of America sues for eviction or “ejectment” This happens after the foreclosure to force you out of your home. Consumer counter sues for wrongful foreclosure, including breach of contract Along with some other claims all related to the wrongful foreclosure. No money was owed to Bank of America after the foreclosure Because they were fully paid in the foreclosure sale. Lawsuit and counterclaims were resolved The… (Read more)
“Why do I need to bring you a timeline and give you info for our consultation?” When we have a consultation we need certain information from you including a timeline of what happened when. Sometimes potential clients don’t want to get us documents — they say, “I have a specific question and I just want you to answer that one question. I don’t need to share any other information with you.” We respectfully decline to consider letting these folks be… (Read more)
First off, congratulations! Most people do nothing when they’re sued. You took action, and answered the collection suit. You showed up at court, and you won your case. Now is the time to finish the good work you have started. Some people may say, “Well, I’ve won my case, so it’s over.” No, you’re about halfway done, so you need to finish the deal. Look into suing the debt collector. I suggest you look into suing the debt collector who… (Read more)
“How do I settle a collection lawsuit without hiring a lawyer?” Remember you have 5 options when sued by a debt collector (debt buyer) such as LVNV, Midland, Portfolio, etc. File bankruptcy Fight the case on your own Settle the case on your own Hire a lawyer to fight the case Hire a lawyer to settle the case So let’s talk about option three — settling the case on your own. (I’m assuming you know to file your answer to… (Read more)