Recent Posts in May, 2015

Portfolio Recovery Associates Hit With $83 Million Jury Verdict
May 22, 2015

A jury in Missouri has ordered Portfolio Recovery Associates (PRA) to pay Maria Mejia almost $83 million for violations of the Fair Debt Collection ...

Posted By Matthew Hector
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The hidden costs of paying off debt vs. bankruptcy
May 12, 2015

Most people want to pay off unpaid bills because they feel it is the morally correct and most responsible thing to do. Financial experts preach ...

Posted By Sulaiman Law Group, Ltd.
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Bank of America, Chase To Change Credit Reporting Practices For Discharged Debts
May 11, 2015

According to the New York Times , Bank of America and JPMorgan Chase will be fundamentally changing how they report debts that were discharged in ...

Posted By Matthew Hector of Sulaiman Law Group, Ltd.
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Supreme Court rejects bankruptcy appeal
May 8, 2015

A recent decision by the United States Supreme Court regarding a bankruptcy case could have an affect on Illinois debtors who want to file for ...

Posted By Sulaiman Law Group, Ltd.
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How The Sale Of Discharged Debt Thwarts The Bankruptcy Discharge
May 7, 2015

BloombergBusiness has published an interesting article about the sale of discharged debts. Many consumers do not know that banks will sell debts that ...

Posted By Matthew Hector of Sulaiman Law Group, Ltd.
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Credit Invisibles
May 7, 2015

The Consumer Financial Protection Bureau's Office of Research recently released a research report regarding credit invisibles--adults that have no ...

Posted By Matthew Hector of Sulaiman Law Group, Ltd.
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Developing debt reduction strategies for Illinois residents
May 1, 2015

Illinois residents have options when it comes to paying off debt and improving their financial situation, according to a book called "The Debt Escape ...

Posted By Sulaiman Law Group, Ltd.
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