June

Blog Posts in June, 2014

  • Thinking about bankruptcy and personal credit scores

    Americans have learned to be very protective of their credit scores. Even if we don’t know exactly how our scores are calculated, we know that this three-digit number can be the difference between getting a line of credit and being denied. It ...
  • How to deal with past medical debt in Illinois

    Routinely checking one's credit report can be a good habit to get into. Sometimes, it will alert an individual to an unpaid medical debt that may have been turned over to a collection agency. Knowing that fact allows a person to take action ...
  • Late last month, the Consumer Financial Protection Bureau released a report citing illegal practices among some American debt collectors and so-called payday lenders. Upon release of this report, the CFPB also announced that it had privately ...
  • Forget About Trump, Look At Our Blighted Neighborhoods

    Dawn Turner Trice, a columnist for the Chicago Tribune, wrote a great column today. She took the opportunity to turn the current brouhaha about Donald Trump's obnoxious sign into a discussion about urban blight on the city's south and west ...
  • How Foreclosures Have Impacted Chicago

    Last month, I wrote a post about the number of vacant properties in Chicago and how long those properties had been vacant. Now, to elaborate on that post, I have found an article in the Washington Post that discusses what that actually means for ...
  • Why Collecting Time-Barred Debts Hurts Consumers

    The FDCPA Defense Blog recently published a post decrying the Consumer Financial Protection Bureau and FTC's position regarding debt collectors attempting to collect on time-barred debts (debts that are too old to sue on). In short, the federal ...
  • The evolution of mortgage modification litigation

    In the wake of the most recent financial crisis, many homeowners who had either lost their homes to foreclosure or who were fighting to keep their homes from being foreclosed upon learned that banks may not have handled their foreclosure and ...