One of the most important articles in the issue describes the ways in which the NCLC has supported consumer attorneys since the Supreme Court’s decision in Spokeo v. Robins. The Spokeo decision addressed whether consumers have the right to file lawsuits against, among other things, banks, mortgage servicers, and debt collectors, for per se violations of federal laws that may not have actual damages. Some of the major laws affected by the Spokeo decision are the Fair Debt Coll
Attorney Joe Culik is a presenter at a conference today i The conference is an educational seminar for Massachusetts consumer protection attorneys to provide them with litigation strategies for defeating debt buyers. Debt buyers are debt collectors who purchase defaulted accounts from the original creditors in order to collect on them. Attorney Culik’s presentation is called “Litigation Tactics: Challenging Assignment Evidence.” Debt buyers often have insufficient evidence th
Negative credit reporting affects virtually every aspect of a person’s life: whether you can get a mortgage, whether you can get a loan, whether an employer will hire you, whether you can obtain insurance, and even whether a landlord will rent to you. The effects of negative credit reporting can last for a significant time. Under current laws, a negative account can stay on your credit report for up to seven years. With certain types of bankruptcy, it can last up to 10 years.
Check out this great story about a California homeowner who became fed up with Bank of America and sued them in small claims court. In a great victory against this big giant, he won a settlement of $7,595.00. More importantly, he brought to light something we advocate for clients on all the time — that big banks like this are violating the guidelines of a program they agreed to participate in, are holding homeowners in trial modifications for indefinite periods of times, and