Predatory & Unethical Bankruptcy & Foreclosure Practices
Both before and after the mortgage collapse the home mortgage industry had problems with predatory and unethical bankruptcy and foreclosure practices. In Bankruptcy, debtors must file Chapter 13 if they can afford to repay some reasonable portion of their debt. However, a National Association of Consumer Bankruptcy (NACBA) study shows 97% of people qualify for […]
Predatory Auto Subprime Car Loans
These loans are often bought and sold in securities markets but might still be serviced by the original lender. Without a home, you might live with a relative or you may even live out of a car. But, if you don’t have a car to get to work in, life gets very difficult. In 2015 […]
