Today’s Sacramento Bee has an article about ACORN attempting to disrupting foreclosure auctions in Sacramento. The lead paragraph: Protesters disrupted several foreclosure auctions Tuesday on the Sacramento County Courthouse steps, winning a temporary cancellation of one and sending an unidentified…
Posts Categorized In: Current Affairs
California Debt Blog: Zombie Debt: A real life story
I have written before about zombie debt. This is a debt that is not owed but debt collectors try to collect on. Here is a story from an emailer about her zombie debt: I owed money to a Macy’s card…
California Debt Blog: MERS: What is it?
At its most basic, MERS is a computer registry for trading loans. You have heard of securitization of mortgages and how that led to the current crisis? MERS is at the heart of that. The NY Times recently wrote about…
California Debt Blog: Midland Funding is at it again
Midland Funding is at it again. I have written before about how they sue folks through Erica Brachfeld. This time they have decided to sue a client – twice. First, Midland Funding sued my client through Ms. Brachfeld. I filed…
Driving Pet Peeves
Okay, I found this in my newspaper this morning and had to share it. Tony Bizjak, the “Back Seat Driver,” presents his list of top 10 pet peeves. The #1 pet peeve – people who use their cell phone without…
California Debt Blog: Debt Settlement Companies – Watch Out
Add the New York Times to people telling you to watch out for debt settlement companies. David Streitfeld wrote this article about what to look out for. The key sentence “More often, they say, a settlement company collects a large…
Police reports are not evidence
This is a topic that comes up often. In fact, I hear it not just from clients, but also from many insurance adjusters. They tell me that the police report is admissible evidence that my client did something wrong. The…
California Debt Blog: Debt Collector Posted on Myspace
Yes, a debt collector posted about someone’s debt on Myspace. The collector decided it would be a good idea to post something on the debtor’s Myspace page about the debt. This is a violation of the FDCPA. The only thing…
California Debt Blog: Read Closely – and then ask questions
I have warned you time and again about being careful of working with non-attorneys for a loan modification. Well, now a new warning: if you talk to anyone besides an attorney and they claim they are working with an attorney,…
California Debt Blog: Death Does Not Stop the Collector
The NY Times has a fascinating story about a debt collection firm in MN that calls the relatives of deceased people asking for money on old debts. This is horrible. It is an outrage. There is no good reason for…