The Associated Press recently studied trends in bankruptcy filings. One thing stood out to them: in states where debt collectors can garnish wages, bankruptcies are sharply higher. Five states, North Carolina, Pennsylvania, South Carolina, Florida and Texas, prohibit or sharply…
Posts Categorized In: Legal Process
California Debt Blog: FAQ: Where can I be sued?
I have a credit card debt. The debt collection company is located across the country and told me they are suing me there. Can the debt collector sue me somewhere other than where I live? A: This question deals with…
California Debt Blog: Midland Funding on San Diego News
Midland Funding has made the news in San Diego. See, it is not just me who is unhappy with what they do. From the KGTV 10news.com website: “Because of the dubious debt, Dave couldn’t get security clearance to follow his…
California Debt Blog: Debt Collectors on Facebook
I have told you how debt collectors are using Myspace. Well, now a story about debt collectors on Facebook. (Caveat: I am in the video.) Debt collectors are getting more brazen. They are using any means possible to contact debtors….
California Debt Blog: Waiting Too Long on a Foreclosure is Dangerous
I have received a rash of calls lately from people who are about to be foreclosed on or have been foreclosed on. They want to know what to do. For most people, I have to tell them it is too…
California Debt Blog: Debt Collection: Fatal Attraction Style
Talking Points Memo has an interesting article on the alleged fatal attraction style of collection by Auto Financing Network. According to the lawsuit filed by Jennifer Dicks “AFN registered the URL to Dicks’ name and created a site titled ‘Jennifer…
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…
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…
California Debt Blog: Midland Funding
I admit it. I am amazed at Midland Funding. They file an awful lot of lawsuits. At least, they do in Sacramento County. At my last count, they had filed over 50 lawsuits in Sacramento County alone in March, 2009….