Have you ever wondered what you would do if a car dealer asked you to purchase a used “lemon”? You might think that most people would avoid such a car like the plague. A lemon law lawyer would tell you not to buy a used lemon, and lemon law regulations make it crystal clear that you know you are buying a lemon. In California car dealers and manufacturers are required by law to disclose any … [Read more...]
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Bankruptcy, Debt and Covid-19
The coronavirus pandemic will result in job losses and economic turmoil. The number of folks filing for unemployment jumped over 70,000 compared to the week before. Goldman Sachs predicts unemployment claims to reach over 2 million. Many of those immediately affected will be those in the hospitality industry, but economist expect it to spread to most sectors of the economy. As a Santa … [Read more...]
Nationstar Mortgage Sued For Overcharging Homeowners
Nationstar Mortgage LLC has been sued for demanding homeowners pay more than what the mortgage contract allows. The lawsuit alleges that when the homeowners did not pay the higher monthly payment Nationstar commenced a harassing and illegal debt collection and credit reporting campaign designed to pressure the homeowners into paying. It did not start this way. In a April 2014 letter, Nationstar … [Read more...]
National Consumer Telecom and Utilities Exchange, Inc. Sued
National Consumer Telecom and Utilities Exchange, Inc., a credit reporting agency has been sued in the United States District Court, Northern District of California in San Francisco, CA. National Consumer Telecom and Utilities Exchange, Inc., “NCTUE” is a credit reporting bureau that collects data from utility companies regarding new connect requests, payment history and historical account … [Read more...]
Ocwen Loan Servicing, CIT Bank, formerly OneWest Bank, N.A. Ordered to Pay $50,000 to Bay Area Couple
A $50,000 money judgment was issued against Ocwen Loan Servicing, LLC., and CIT Bank, N.A., formerly known as OneWest Bank, N.A. The judgment required the banks to pay a San Francisco Bay Area couple $50,000. The banks also agreed to remove mortgage delinquencies from the couples credit report regarding the Ocwen and OneWest Bank mortgage loan. The court judgment came after Alex and Maria Lopez … [Read more...]
