D.C.’s New Progressive Judicial-Foreclosure Approach Involves Court Oversight And Early Mediation If you are a troubled homeowner in D.C. facing foreclosure today, you have a much better chance of resolving the issue early in the process. D.C. now has a new progressive, judicial-foreclosure approach, where there is court oversight and early mediation. Prior to 2014,… Read more »
Posts Categorized: Consumer
Financial Crisis; Acceptance; Release; Action; Hope.
Too often, I see people coming into my office that are mired in debt and denial, and weighed down with guilt over a financial crisis. Remember we are in the midst of a global financial crisis; therefore, you are not alone. There are a lot of people out there just like you who share either… Read more »
Timing in Debt Collection is Everything. Don’t Wait. Call a Lawyer.
Timing in debt collection is everything. I cannot emphasize the importance of timing and being proactive when you are contacted by a debt collector. Too often, I receive frantic calls or emails from people days before they have to appear in court pursuant to a court summons in a debt collection case. In each instance, I… Read more »
CREDIT CARD DEBT LAWSUITS AMERICA’S NEXT FINANCIAL CATASTROPHE
In 2003, Americans were carrying 1.46 billion credit cards, for an average of five credit cards person.[1] By 2009, outstanding consumer loans exceeded $2.5 trillion, of which debt from credit cards and other revolving credit card debt was nearly $1 trillion at its peak, with subprime credit cards constituting more than a quarter of the… Read more »
DOES DUE PROCESS EXIST FOR CREDIT CARD DEBTORS IN SMALL CLAIMS COURT?
Recently, I represented a bankruptcy client in a case brought against her by Capital One Bank in small claims court in Washington D.C. for about $1,500 credit card debt. I reluctantly went and I couldn’t help but wonder why a major bank such as Capital One would even go through the trouble of retaining counsel… Read more »