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Posts Categorized In: Current Affairs

California Debt Blog: Hiring the right attorney for you

October 2, 2009 by Jonathan Stein

I have seen quite a few emails lately about people needing an attorney in different locations. There are a few good ways to find an attorney: 1. Personal recommendation of friends or family. This is the best way to find…

Categories: Current Affairs, Hiring an attorney Tags: Avvo, hiring an attorney

California Debt Blog: Credit Score Impact: Short Sale versus Foreclosure

October 1, 2009 by Jonathan Stein

People ask me about the difference between a short sale and a foreclosure as it impacts their credit score frequently. There are no hard and fast rules. It depends on your situation. However, here are some guidelines: A short sale…

Categories: Credit, Current Affairs, News Tags: credit score, foreclosure, rebuilding credit, short sale

California Debt Blog: Wa Mu Mistakenly Sells Woman’s House

August 19, 2009 by Jonathan Stein

It is amazing that this happens, but Washington Mutual (now Chase) mistakenly sold a woman’s house in Florida. NBC in Miami is reporting that the woman came home to the Sheriff throwing her family out of a house she just…

Categories: Current Affairs, News Tags: Chase, foreclosure, Washington Mutual

California Debt Blog: Did Countrywide give preferential loans?

July 27, 2009 by Jonathan Stein

Sen. Dodd and Sen. Conrad both received preferential loans from Countrywide, according to testimony in front of a Senate ethics committee. The AP is reporting that, not only did they receive preferential loans, but they knew about it. I don’t…

Categories: Current Affairs, News Tags: Countrywide, foreclosure, Sen. Conrad, Sen. Dodd

California Debt Blog: Sample Validation Letter to Debt Collector

July 22, 2009 by Jonathan Stein

I have had a lot of people calling lately asking what to do when a debt collector sends the first letter. By law, you have 30 days to dispute the debt and ask for validation of the debt. You should…

Categories: Current Affairs, FDCPA, Legal Process, News, Rosenthal FDCPA Tags: debt validation, debt validation letter, Fair Credit Reporting Act, Fair Debt Collection Practices Act, FDCPA, Rosenthal Act

California Debt Blog: More on Erica Brachfeld and Brachfeld and Associates

July 19, 2009 by Jonathan Stein

One concern for attorneys, especially attorney bloggers, is how much you can write about existing cases. Obviously, I cannot list my client names or violate the attorney client privilege. But, I can write about things that happen in cases. I…

Categories: Current Affairs, FDCPA, Legal Process, News Tags: Brachfeld and Associates, debt, Erica Brachfeld

California Debt Blog: Arrow Financial Services Loses A Default

July 16, 2009 by Jonathan Stein

I recently was sent a copy of a denial of default judgment out of Louisiana. Download In that case, Arrow Financial Services asked the court for a default judgment. The court rejected it. Why? For the simple reason that Arrow…

Categories: Current Affairs, Legal Process, News Tags: Arrow Financial Services, assignment of rights, contract, debt collector

California Debt Blog: The Banks Trying to Limit Your Rights

July 15, 2009 by Jonathan Stein

I do not know the last time I posted and just gave you an article. But here goes from the New York Times: What is up with the banks and the rest of the financial industry? The people running this…

Categories: Current Affairs, News Tags: Consumer Financial Protection Agency, foreclosure, mortgage

California Debt Blog: Banks Avoiding Doing Loan Modifications

July 7, 2009 by Jonathan Stein

A new study by the Federal Reserve of Boston concludes that lenders are not offering loan modifications, despite the lenders statements to the contrary. Why? Because the lenders aren’t making money on them. The interesting part, I think, is that…

Categories: Current Affairs, News Tags: Federal Reserve of Boston, loan modifications, loan workouts, stimulus

California Debt Blog: California AG Sues Mitchell Roth

July 7, 2009 by Jonathan Stein

I can’t provide the story via the link since it is a locked story, but here is the story from The Recorder, a legal publication out of San Francisco: SACRAMENTO — Attorney General Jerry Brown on Monday sued a Southern…

Categories: Current Affairs, News Tags: Attorney General Jerry Brown, California, Jerry Brown, loan modifications, Mitchell Roth, scam, United First

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