Credit Report Errors

If the companies won’t fix your credit reports, you have the option to sue under federal law to persuade the appropriate companies to fix your credit reports and compensate you.

Suing your mortgage company for refusing to give you a CARES Act forbearance you were entitled to receive

The CARES Act is a powerful law that, if you qualify, entitles you to receive a forbearance on making payments on your mortgage.  But what happens when your mortgage company refuses to give you the forbearance? What can you sue for? This is a question that was asked by a consumer after our article listed above.  So here are some possibilities: FDCPA RESPA and RESPA letters FCRA State law Let’s look at these but first let’s remind ourselves of what the… (Read more)

3 tips in 3 minutes: Credit reporting by a debt collector

Here are three simple tips that you can quickly learn and then take action on when dealing with credit reporting by a debt collector.  (We have longer articles but this will be a good start). Here are the three tips and then we’ll briefly discuss them: See if there is any obvious inaccuracy Dispute the debt directly with the debt collector if you need information Dispute the debt with the credit reporting agencies if you the first two options don’t… (Read more)

Referring lawyers — have a case you would like us to look at for you?

We welcome referrals from lawyers inside or outside of Alabama Many of our cases — and particularly our bigger cases — come from referring lawyers who refer their consumer cases to us.  While most people who send us cases are lawyers we have worked with for many years, we wanted to share this information primarily for lawyers we have not worked with so you will understand the process.  We want to make any referrals as easy as possible for you.… (Read more)

Should I look at my credit reports before I start looking for a house?

Yes, you do need to look at your credit reports before you start seriously looking for a house.  Credit report errors will either prevent you from buying a house or will make you pay more for your mortgage loan (interest rate, points, etc) so you need to use good practices and the Fair Credit Reporting Act (FCRA) to make your reports accurate.  Here is a summary of why you need to look at your reports sooner than later in the house… (Read more)

What damages can I get when I sue under the FCRA for false credit reporting?

When you have a company (or companies) violate the Fair Credit Reporting Act (FCRA), you can get money damages but there are some twists and turns to it. Let’s talk about the following: Basic timeline of when you can file an FCRA case . . . the oddities of this law make it counter-intuitive Compensatory (actual) damages . . . to make up for your loss Punitive damages . . . to punish companies for breaking this law Statutory damages… (Read more)

Can you sue your mortgage company for a defective default letter AFTER a foreclosure?

You were foreclosed on by your mortgage company.  And you are likely still feeling the effects of this — maybe you have been sued for ejectment, there is a deficiency balance allegedly owed, you had to uproot your family to move, etc. It may seem as if all hope is gone — your mortgage company got away with this. But there may yet be hope…. In a very surprising development, the law in Alabama has actually improved for consumers.  Very… (Read more)