Recent Posts in February, 2013

Another good reason to consider filing for bankruptcy
Feb 28, 2013

Over four years ago, the American economy took a sharp nosedive, as did the economies of several other western, industrialized nations. Thankfully, ...

Posted By Sulaiman Law Group, Ltd.
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Practice Alert: U.S. Supreme Court Expands Liability for Losing FDCPA Plaintiffs
Feb 27, 2013

The Fair Debt Collection Practices Act (FDCPA) states that when a Plaintiff brings a case in bad faith and with the purpose of harassment, that ...

Posted By Sulaiman Law Group, Ltd.
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Illinois Supreme Court Rule 113 -- New Mortgage Foreclosure Procudures
Feb 23, 2013

One of the reasons why Illinois has such a famously long foreclosure timeline is because our state's judicial foreclosure process puts procedural and ...

Posted By Sulaiman Law Group, Ltd.
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Illinois Supreme Court Rule 99.1 -- Mortgage Foreclosure Mediation Programs
Feb 22, 2013

Newly implemented Rule 99.1 establishes standardized requirements for mortgage foreclosure mediation programs. Judicial circuits that currently have a ...

Posted By Sulaiman Law Group, Ltd.
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Illinois Supreme Court Rule 114 -- The Loss Mitigation Affidavit
Feb 22, 2013

Illinois Supreme Court Rule 114 establishes a new procedural requirement in Illinois mortgage foreclosure cases -- the loss mitigation affidavit. ...

Posted By Sulaiman Law Group, Ltd.
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CFPB Bulletin 2013-01: What's Coming for Mortgage Servicing Transfers
Feb 19, 2013

The Consumer Financial Protection Bureau issues bulletins for many purposes, one of which is to notify the industries that it regulates about upcoming ...

Posted By Sulaiman Law Group, Ltd.
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New FTC Report: Over 1/4 of Credit Reports Contain Errors
Feb 15, 2013

According to a recent report by the FTC , 26% of credit reports contain an error, but 95% of those errors do not affect on the individual's credit ...

Posted By Sulaiman Law Group, Ltd.
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Illinois Foreclosures are Down! Or Up!
Feb 14, 2013

"There are three kinds of lies: lies, damned lies, and statistics." -- Mark Twain ( or possibly Benjamin Disraeli ) Today, I found two different ...

Posted By Sulaiman Law Group, Ltd.
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