Blogs

Three Reverse Mortgage Firms Fined

Attorney Ed WoodsOn Wednesday, USA Today reported that three reverse mortgage firms entered into consent agreements with the Consumer Financial Protection Bureau for using deceptive advertising.

What are the Benefits and Consequences of Being an Authorized User on a Credit Card?

What is an authorized user?

Attorney Mary PoolAn authorized user is someone who has been “authorized” to use a credit card that is in someone else’s name.  For example, parents will sometimes add their children as an authorized user to help build their child’s credit or use while they are away at college.

Dischargeability of Recent Debt

Nick-GajewskiNow that Thanksgiving and Black Friday are behind us, the Holiday shopping season is in full swing.  Many of you likely made purchases using credit cards or other credit accounts to make gift purchases.  If you’re already in a tight financial situation, keep in mind that the Bankruptcy Code has provisions built in that prevent a person from disch

Helpful Tips to Improve your Credit Score Prior to Seeking a Mortgage

Bankruptcy Decatur Amy TannerWe are quickly approaching the beginning of a new year. Many people see the new year as a new beginning and a time to make a fresh start or seek some sort of improvement from the past year. Many folks may decide to consider looking for a home and taking out a mortgage in the coming year.

Happy Thanksgiving!

Gail DonaldsonThanksgiving is a time to spend with family, have delicious food, hunting for deer and watching football in the south.  We have so many things to be thankful for this year and we hope you and your family’s Thanksgiving is filled with lots of love and fun memories this year.

CFPB Puts 44 Mortgage Lenders and Brokers on Notice For Failing to Report Mortgage Data

The Consumer Financial Protection Bureau (CFPB) issued warning letters to 44 mortgage lenders and mortgage brokers. The Bureau has information that appears to show they may be required to collect, record, and report data about their housing-related lending activity, and that they may be in violation of those requirements.