We know we’re doing something right when the opposition turns their attention our way. Remember when the Mortgage Bankers’ Association decided to put together a little presentation for its annual meeting to help its members combat Boot Campers? Apparently, Max isn’t alone in drawing attention from the opposition. He recently shared this article from InsideARM.com, wherein an InsideARM editor offered …
Credit Card Collections Mirror Foreclosure Fiasco
As the Consumer Financial Protection Bureau (CFPB) rolls out new policies and expands the scope of consumer protections, the legal issues surrounding debt collection and debt buyers are getting an increasing amount of attention from the press. At the same time, state Attorneys General and other agencies are taking a second look at issues that have long plagued consumers and …
What Congress Didn’t Learn from BAPCPA
As every consumer bankruptcy attorney knows, in 2005 Congress bowed down to ten years of pressure from the financial services industry and passed the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). Whether purchased or persuaded, lawmakers listened to the industry that was already in the process of creating one of the greatest financial crises in U.S. history and built …