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Debt Buyer Faces Fine and Loss of Thousands of Court Judgments

Jan 11, 2015 - 11:08 AM - by switch625
JANUARY 8, 2015

Debt Buyer Faces Fine and Loss of Thousands of Court Judgments

By JESSICA SILVER-GREENBERG

In courtrooms across New York State, lawsuits poured in by the hundreds as if manufactured on an assembly line. Some included generic testimony, others relied on bogus affidavits, churned out so rapidly that they were seldom viewed for accuracy.

Sound familiar? The same problems that dogged the foreclosure of homes — and prompted... [Read More >>]
  0 Replies | 1,218 Views


Debts Canceled by Bankruptcy Still Mar Consumer Credit Scores

Jan 07, 2015 - 6:29 PM - by switch625
November 12, 2014

By JESSICA SILVER-GREENBERG

In the netherworld of consumer debt, there are zombies: bills that cannot be killed even by declaring personal bankruptcy.

Tens of thousands of Americans who went through bankruptcy are still haunted by debts long after — sometimes as long as a decade after — federal judges have extinguished the bills in court.

The problem, state and federal officials suspect, is that some of the... [Read More >>]
  7 Replies | 2,121 Views


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