Older individuals face more harassment and abuse from debt collectors, on average, than younger individuals do, according to a recent report released by the Consumer Financial Protection Bureau (CFPB). The researchers found that older Americans are more likely to be …
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If your financial situation is such that you are considering bankruptcy or have recently filed for bankruptcy, chances are good that your credit score has slipped. That one little number can have a big impact on your ability to get …
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The U.S. has 50 states, about 320 million people â and about 369,000 debt collectors, according to the Bureau of Labor Statistics (BLS). Thatâs an average of about one debt collector for every 870 people, and the number of debt …
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WHITE PLAINS, NY, May 02, 2015 — JP Morgan Chase Bank, N.A., has been ordered to pay $16,000 as damages after the bank failed to comply with a U.S. Bankruptcy Court order that modified the terms of a mortgage loan …
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If youâre facing foreclosure, youâre probably looking for options â and a mortgage loan modification might be one choice on the menu. In a mortgage loan modification, one or more of the requirements of a loan are changed so that …
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The struggling franchisee of a number of local Friendly’s restaurants â famous for their âHappy Endingsâ sundaes â officially filed for Chapter 11 bankruptcy protection earlier this month. Having closed the doors of its Lower Hudson Valley locations only a …
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The Home Affordable Modification Program (HAMP) is a government program that allows struggling homeowners to modify the terms of a mortgage to make payments more affordable, allowing them to continue to pay for the property rather than face foreclosure. The …
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Reaching the point in life where you are finally able to buy your own home is an accomplishment. Not only is home ownership part of the American dream, but it can provide families with a sense of security and pride. …
Read MoreWHITE PLAINS, N.Y. â Michael H. Schwartz has been recognized for his efforts as co-chair of the Westchester County Bar Association Bankruptcy & Creditors Rights Committee in organizing a continuing legal education (CLE) seminar that was headlined by a federal …
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Upon the motion filed by Michael H. Schwartz, P.C., a U.S. Bankruptcy Court finds that Bank of America, NA, repeatedly and willfully violated a New York coupleâs discharge of their debt and that the violations appeared to be incorporated into …
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