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Although the economy seems to be improving, many families in Cincinnati are still struggling. Many households are still attempting to recover from a stint of unemployment, and this often means struggling to get on top of bills that have gone into debt collection. For many families, they are in too deep to recover. According to the Consumer Financial Protection Bureau’s most…
Many people in Cincinnati and throughout Ohio live in constant fear of the next ring of their telephone because they worry that on the other end of phone there might be a creditor ready to harass them about why they have not made their payments. As an author of a book on the subject suggests in a recent news article,…
Military personnel, veterans, and their families are often the targets of aggressive or unscrupulous debt collectors. Now that the Consumer Financial Protection Bureau is keeping statistics, it’s possible to quantify a degree to which abusive debt collectors target service members in Ohio, Kentucky, and elsewhere around the country. Military Abusive Debt Collection Complaints The bureau first began to take complaints in…
A debt collection firm named Aeon Financial foreclosed upon more than 400 properties in Cuyahoga County, the largest county in Ohio. The company also apparently had purchased a number of liens in other states across the country as well. Yet what is truly unusual about these circumstances is the fact that Aeon information lists no owners or company website. Its…
For burdened debtors, abusive debt collection can be a nightmare. Or, if not a nightmare, then at least what wakes them up from a nightmare. Calling in the middle of the night is one of many cases of abuse aggressive debt collectors engage in. Unfortunately, the law governing debt collection is outdated and does not address the many abuses debtors…
We all age in different ways. One 85-year-old man runs marathons while another is wheelchair-bound due primarily to the inevitable aging of his body. But no matter how we age, it tends to be an unavoidable truth that we require more medical care as we advance significantly into our elderly years. It is of little surprise then that both the…
When individuals age, their finances do not necessarily mature at the same rates as they do. As a result, it is certainly possible and increasingly common to reach the age of retirement and beyond while still wrestling with seemingly unmanageable debt. Frustratingly, if this debt is not dealt with in a constructive way, not only will those in debt be…
When consumers are faced with harassment and other abuses committed by big banks, the law generally favors consumer protection but such protections can be difficult to enforce. One state has become frustrated enough on behalf of its citizens who are navigating a legally complex and often abusive web of credit card debt that it has said “enough.” California is currently…
When you are already under stress from debt obligations, harassing calls by debt collectors only make the situation worse. If you are being hassled, it is important to know what your rights and remedies are. The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits “any conduct the natural consequence of which is to harass, oppress, or…
The U.S. District Court for the Southern District of Ohio granted preliminary approval to a class action settlement for unlawful debt collection practices by a law firm based in Lebanon, Ohio. The federal class action lawsuit alleges that the debt collector sued consumers in a county other than where they lived or signed the debt being sued on, which violates…