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What Happens to Credit Card Debt When You Die?
Credit card debt is a pesky burden that impacts 55% of all Americans who have credit cards, and with interest, it can be challenging to pay off all ...
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Atlas Consumer Law
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5 Things Debt Collectors Can Legally Do
Debt collectors have been known to unfairly harass debtors, which is why the Fair Debt Collection Practices Act (FDCPA) is enforced to regulate this ...
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Atlas Consumer Law
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Bikram Yoga Founder in Hiding from Debt Collectors in Mexico
Bikram Choudhury, the founder of international exercise sensation Bikram Yoga, is currently on the run from creditors and hiding out in Mexico. The ...
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Atlas Consumer Law
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Scare Tactics: How Debt Collectors Profit Off Fear
In America, debt is as stigmatized as it is necessary. Even when someone is working as hard as they can, they might not have enough for surprise ...
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Atlas Consumer Law
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How Do I Get Rid of My Credit Card Debt?
Did you know that the average American household owes $15,956 in credit card debt? If these households only pay their minimum payments every month, ...
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Atlas Consumer Law
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Legal Defenses for Credit Card Debt Lawsuits
If you are being sued by a credit card company for your past-due debts, it can be a frightening and overwhelming experience. You are likely confused ...
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Atlas Consumer Law
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Education Secretary Tries to Make It Harder for Students Seeking Debt Relief
The U.S. Education Department has proposed new changes to rules enacted during the Obama-era that offer debt relief to students who were defrauded by ...
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Atlas Consumer Law
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What Should I Do if Debt Collectors Keep Harassing Me?
Going through financial hardship is a distressing experience. Getting harassing phone calls about your student loans, mortgage, or credit card debt ...
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Atlas Consumer Law
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Atlas Consumer Law Obtains Successful Result Against One of Nation's Largest Debt Collectors Over Time-Barred Debt Collection
Atlas Consumer Law is pleased to announce that our Chicago consumer lawyers have secured an important victory against Portfolio Recovery Associates ...
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Atlas Consumer Law
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Minnesota Law Can Hold Debt Collectors Liable When Auto Dialers Call the Wrong Number
Debt collectors have used an array of tactics over the years to contact debtors and compel them to make payments toward debt. As our legal team at ...
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Atlas Consumer Law
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Debt Collectors May Be Penalized for Filing Claims in Bankruptcy
Bad news for debt collectors: the 11 th Circuit Court held in Johnson v. Midland that debt collectors may face penalties under the Fair Debt ...
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Sulaiman Law Group, LTD
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Father Wins Student Loan Debt Relief
A federal appeals court has urged a bankruptcy judge to consider a settlement that would allow a Duxbury father to erase more than $246,000 in student ...
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Sulaiman Law Group, LTD
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Our Chicago Debt Relief Lawyers Defend Client Sued by a Creditor
Recently, our Chicago consumer law attorneys, Attorney Paul M. Bach and Attorney Penelope N. Bach asked the bankruptcy court to review a case for our ...
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Sulaiman Law Group, LTD
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Student Loan Debt Relief: How Much Hardship Does it Really Take?
The Department of Education has recently intervened in the case of a 65-year-old man named Robert Murphy, who has struggled for over three years in a ...
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Sulaiman Law Group, LTD
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Credit card debtor rights in Illinois
According to the Consumer Financial Protection Bureau, credit card companies have taken steps to limit consumer rights in the event of a credit card ...
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Sulaiman Law Group, Ltd.
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Personal bankruptcy and credit card debt
Many people throughout Illinois are struggling with credit card debt. It is all too easy to swipe a credit card for a few purchases and eventually ...
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Sulaiman Law Group, Ltd.
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American Bar Association Issues New Ethics Opinion Regarding Debt Collectors Renting Prosecutor Letterhead
Two years ago, I wrote a blog post about debt collectors using prosecutors' letterhead to collect a debt . This is generally done because the ...
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Sulaiman Law Group, Ltd.
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Paying credit card debt owed by a deceased loved one
Residents of Illinois might wonder who pays a deceased consumer's credit card debt. When the consumer is a parent, grandparent or spouse, grief is the ...
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Sulaiman Law Group, Ltd.
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Why individuals get bogged down in credit card debt
We have previously discussed the fact that the American public generally views debt differently in the wake of the 2008 economic downturn. After the ...
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Sulaiman Law Group, Ltd.
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Debt Collectors Calling? Why You Should Always Answer Your Phone.
The natural response to a phone call from a debt collector is to ignore it. After all, that's what voice mail is for, right? In my opinion, it's ...
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Sulaiman Law Group, Ltd.
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The Mortgage Forgiveness Debt Relief Act Has Expired -- What It Means For You
In 2007, Congress enacted the Mortgage Forgiveness Debt Relief Act. It was designed to remove the negative tax consequences of a short sale, deed in ...
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Sulaiman Law Group, Ltd.
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American Banker: Chase Halts Credit Card Debt Sales
According to American Banker , Chase has quit selling credit card debt in anticipation of increased regulatory scrutiny. This comes as no surprise ...
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Sulaiman Law Group, Ltd.
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Debt Collectors, Debt Buyers, and Collection Agency Act
I recently attended Max Gardner's Debt Buyer Boot Camp. During the boot camp, the panel briefly discussed the Unifund CCR Partners v. Shah series of ...
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Sulaiman Law Group, Ltd.
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Consumer Financial Protection Bureau to Oversee Debt Collectors Beginning January 2, 2013
In the new year, the CFPB will be regulating the debt collection industry . This represents the first time that one federal agency will have the ...
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Sulaiman Law Group, Ltd.
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Debt Collectors Using Local Prosecutors' Letterhead to Collect Debts
According to the New York Times, debt collectors in certain jurisdictions have been using the letterhead of the local prosecutor's office in order to ...
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Sulaiman Law Group, Ltd.
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