Bankruptcy News Briefs 3/24

CFPB fines Experian $3 million for lying about consumers’ credit scores

Advocates Applaud CFPB for Enforcement Action against Experian for Deceptive Marketing of Credit Scoring Products

FCC Adopts Proposed Rules and a Notice of Inquiry on Blocking Unlawful Robocalls

Consumer Spending Slows Since December

TG to Continue its No-Collection-Fee Practice for Borrowers Agreeing to Loan Rehabilitation or Repayment within 60 Days of Default

CFPB preps to review major mortgage rules

The New Administration’s Plans for the CFPB Take Shape

Portfolio Recovery hit with debt collection lawsuit

Study: 73% of consumers die with outstanding debt

The Latest–And Surprising–Victims of the Student-Loan Debt Crisis: Older Americans

Supreme Court Narrows Use of Structured Dismissals

Flagstar’s Dual Tracking of Chapter 13 Debtor Violated the Automatic Stay and RESPA; Disclaimer did Not Save Servicer

Upcoming NACBA Events


Join us in celebrating 25 years of NACBA on May 4th-7th in Orlando, Florida at the Walt Disney World Swan and Dolphin Resort. Visit NACBA25 for all the details on speakers, sessions, hotel reservations, registration and more! Register today!

Receive a $25 Amazon Gift Card!

In honor of NACBA’s 25th Anniversary, we want to reward you with a $25 Amazon Gift Card! Introduce a new member to NACBA and we will send you $25 Amazon Gift Card. Not only will YOU receive a $25 Amazon Gift Card but the NEW MEMBER will also receive a $25 Amazon Gift Card! Check out the Requirements and start referring today!

 NACBA Membership Promotion!

Renew your membership this month and be entered to win a copy of NCLC Consumer Bankruptcy Law and Practice Volume I & II, Eleventh Edition (Value $130). Two winners, will be selected at random each month

New NACBA Webinar! Register Today!



Join us Marc Dann & Bobby Rivera for “What to do: Post HAMP for Mortgage Borrower Clients.”

Thursday, March 16th 2017

The Federal Hamp Program has come to an end, but  most mortgage loan borrowers in default will be eligible for modifications to help them stay in their home. Furthermore, once a loan modification is accepted by a Mortgage Loan Servicer strict new RESPA regulations are in place to make sure that a servicer completes the review fairly and quickly while staying foreclosure activity.

Bobby Rivera, a nationally recognized expert in loan modifications will provided a brief overview to help lawyers understanding the importance of identifying investor, trends on proprietary programs and income calculations for modification and Marc Dann, who’s firm has prosecuted more than 100 cases under Regulation X to RESPA will talk about how to use the regulations to get the information you need to obtain critical information to oppose relief from stay, prosecute claim objections and to hold servicers feet to the fire by bringing Adversaries and Lawsuits which provide for fee shifting under Regulation X to RESPA.

Register Today!

Cost is 25 for Members/$75 for Non Members