Tuesday, January 17, 2012


LOS ANGELES (CN) - JPMorgan Chase routinely fabricated documents to deceive bankruptcy judges, going so far as to Photoshop documents to "create the illusion" of standing "in tens of thousands of bankruptcy cases," according to a federal class action.
Lead plaintiff Ernest Michael Bakenie claims that Chase's "pattern and practice of playing 'hide-and-seek' with debtors, judges and other bankruptcy players"... [Read More >>]

JAN 10, 2012

JPM Chase Quietly Halts Suits Over Consumer Debts
JPMorgan Chase & Co. has quietly ceased filing lawsuits to collect consumer debts around the nation, dismissing in-house attorneys and virtually shutting down a collections machine that as recently as nine months ago was racking up hundreds of millions of dollars in monthly judgments.

A sampling of court records in the major cities in five states shows that Chase collection suits have virtually... [Read More >>]

December 08, 2011

The King of All Vegas Real Estate Scams
A twisted tale of how homeowners were bilked by those they least suspected: their neighbors

Before the market crashed and home prices tumbled, before federal investigators showed up and hauled away the community records, before her property managers pled guilty for conspiring to rig neighborhood elections, and before her real estate lawyer allegedly tried to commit suicide by overdosing on drugs and... [Read More >>]

January 8, 2012

Q. It is known throughout the community that my neighbor filed for bankruptcy six months ago, and she continues to use the community pool and gym. This owner is also telling everyone that she does not have to pay assessments anymore. Is this true and what can be done?— C.S.

NaplesA. Many bankruptcy debtors (and attorneys) do not fully understand the debtor's assessment obligations in bankruptcy, particularly when there is a superior first mortgage.... [Read More >>]

December 31, 2011


HONOLULU -- At the request of congressional leaders, President Obama is delaying his certification that government spending is again nearing the legal borrowing limit and it must be increased by $1.2-trillion.

On the advice of the Treasury Department, Mr. Obama was poised to declare Friday that the debt of the United States was within $100 billion of the statutory debt ceiling, which now stands at $15.194 trilllion.
... [Read More >>]

Dec. 21, 2011

MILWAUKEE — AP
A Wisconsin factory worker worried about layoffs became a dairy farmer. An employee at a Minnesota nonprofit found an escape from her cubicle by buying a vegetable farm. A nuclear engineer tired of office bureaucracy decided to get into cattle ranching in Texas.

While fresh demographic information on U.S. farmers won't be available until after the next agricultural census is done next year, there are signs more people in their... [Read More >>]

Dec 14, 2011



If you can't afford to hire a lawyer or pay the bankruptcy filing fee, consider some options so you still get creditor relief and protect yourself from property loss.
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Matt and Toni used their credit cards when times were good to buy furniture and otherwise set up their new household. They assumed they would keep earning enough money to pay off their debts.

But Toni, a home health aide, had stretches of unemployment between... [Read More >>]

Dec. 2, 2011

The economy has dented your car's value, at least in the eyes of insurers. Here's why, despite fewer serious wrecks, more cars are being declared a total loss.

The roads are safer today than ever. For several reasons -- older drivers, better cars, graduated licensing for teens -- fatal accidents in the U.S. have been falling for years. In fact, the government reported this month that highway fatalities had fallen to their lowest level since 1949.
... [Read More >>]

November 28, 2011


WASHINGTON — “This is the strangest statute I have ever seen,” Chief Justice John G. Roberts Jr. said near the end of a Supreme Court argument on Monday.

The justices had spent most of the previous hour trying to puzzle out the meaning of a part of 1991 federal law that addresses telemarketing abuses, and they had reached consensus on only one point.

“Both sides agree it’s odd, and all nine justices agree it’s... [Read More >>]