May 22, 2012

Question Admissibility of Creditor / Mortgage Servicer Records

While the popular press has made much of the way sliced, diced and flipped mortgages and other securitized debts have resulted in messy (or non-existent) paper trails that may provide opportunities for debtors, many courts and even debtor's attorneys aren't...

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]