Abuses by mortgage companies against consumers have received much attention in the past few years, with several high-profile national settlements. Now, SunTrust Mortgage, Inc. can be added to the list of companies who have to pay consumers back for millions of...
Month: June 2014
Supreme Court says inherited IRA is not exempt bankruptcy asset
Consumer bankruptcy is a useful tool afforded to Americans by federal statute that can significantly help those who have found themselves burdened by an unmanageable load of debt due to any number of unpredictable life situations. Losing a job, unexpected sickness and...
Creditors develop new ways to collect outstanding debts
As the economy continues to pull itself from the depths of the recession many Ohio residents are experiencing that same slow rise; some of them are impeded by their outstanding debts to a number of creditors. To make matters worse, it turns out that for debt...
Zales avoids bankruptcy, agrees to be bought by competitor
It is the nature of competitive business that some companies will struggle to run their operations effectively. It is often not enough to simply break even financially, but rather to make enough sales to earn a profit. When a company experiences significant and...