Predatory Lending

Predatory Lending

What exactly is Predatory Lending?

Lending and home loan origination techniques become “predatory” as soon as the debtor is led into a transaction that isn’t whatever they expected.

Predatory financing methods may include lenders, lenders, real estate agents, lawyers, and do it yourself contractors. Their schemes usually target those that have small incomes but significant equities in their homes. Continue reading “Predatory Lending”

NY Bankruptcy Judge’s Ruling Could Help People Get R >

NY Bankruptcy Judge’s Ruling Could Help People Get R >

What things to understand

  • Legal counsel with crippling education loan financial obligation and negative month-to-month earnings had their financial obligation released in a NY bankruptcy court
  • The principle U.S. bankruptcy judge in Manhattan stated a test that is crucial perhaps not been precisely sent applications for years
  • The attorney, a Navy veteran, had seen his debt very nearly dual since 2005

Legal counsel been able to get own his massive, years-old student debt tossed call at New York bankruptcy court this week, after he had been in a position to prove the responsibility ended up being therefore huge he could never ever manage to spend it. Continue reading “NY Bankruptcy Judge’s Ruling Could Help People Get R >”