http://www.californiacreditlaw.com/ Published by Kemnitzer, Anderson, Barron, Ogilvie & Brewer, LLP en-us 2009-07-02T20:39:16-08:00 http://www.californiacreditlaw.com/2009/07/obamas_proposed_consumer_finan_1.html A few days ago, the White House sent Congress a bill to create a Consumer Financial Protection Agency (CFPA). Everyone who favors consumer protection should support this bill. Georgetown University Law School Professor Adam Levitin argued the case for the... Legislation lemonlaws-2 2009-07-02T20:39:16-08:00 http://www.californiacreditlaw.com/2009/06/sites_to_get_your_free_credit_1.html The three major credit bureaus charge fees for revealing consumers' credit scores. However, two new sites, www.creditkarma.com and www.quizzle.com, offer free credit scores based on Trans Union and Experian data. The sites allow you to compare your score to a... Credit Scores lemonlaws-2 2009-06-11T10:43:59-08:00 http://www.californiacreditlaw.com/2009/04/a_towed_car_does_not_establish_1.html A towing company towed our client's car from the public streets because the registration had expired. The towing company sold the car for nothing. Then it assigned its claim for the towing charge to a collection company, Pacific Creditors.... Credit Reports lemonlaws-4 2009-04-30T11:49:22-08:00 http://www.californiacreditlaw.com/2009/04/banks_starting_to_modify_mortg_1.html Throwing a lifeline to homeowners under water on their mortgage obligations, the U.S. Treasury announced its Home Affordable Refinance Program in mid-February. The program is supposed to facilitate mortgage servicers in modifying troubled homeowners' mortgages so that their monthly payment... lemonlaws-4 2009-04-14T12:00:48-08:00 http://www.californiacreditlaw.com/2009/04/most_credit_cards_are_unfair_a_1.html A report by the Pew Charitable Trusts found that most credit cards include “unfair and deceptive” practices as measured by new Federal Reserve guidelines that go into effect in 2010. Reviewing consumer credit cards issued by the 12 largest companies... Credit Cards lemonlaws-2 2009-04-03T11:35:26-08:00 http://www.californiacreditlaw.com/2009/04/statute_of_limitations_defense.html In May 2006 a debt collector sued an Oregon consumer--in Oregon--for a credit card debt. The consumer had made her last payment in November 2001 before she defaulted. The credit card agreement said that New Hampshire law would apply to... lemonlaws-4 2009-04-02T14:45:10-08:00 http://www.californiacreditlaw.com/2009/03/banks_walking_away_from_forecl_1.html We often receive calls from panicked homeowners who need advice about the ballooning mortgage they can no longer handle. The government was supposed to set up agencies for help with that sort of problem, but reports indicate the success... lemonlaws-4 2009-03-31T15:11:05-08:00 http://www.californiacreditlaw.com/2009/03/sometimes_a_splurge_is_good_fo.html The economic pundits couldn't disagree more on how to fix the economy. Most agree, however, that at least part of the crisis was due to consumer overspending and under-saving. Folks thought the equity in their houses would continue to... Consumer Debt lemonlaws-4 2009-03-27T18:10:53-08:00 http://www.californiacreditlaw.com/2009/03/credit_card_companies_are_now.html Charging too much on your credit cards is a good way to get into financial trouble. So, in this economic climate, it's best to keep those cards in your wallet, right? According to an article in MSN Money, not... Credit Cards lemonlaws-4 2009-03-19T15:29:10-08:00 http://www.californiacreditlaw.com/2009/03/senate_takes_up_prof_warrens_p_1.html Law Professor Elizabeth Warren proposes that Congress create a Financial Product Safety Commission to help protect consumers from predatory and deceptive financial products. To illustrate the need for such a commission, Prof Warren points out that if a consumer goes... Legislation lemonlaws-2 2009-03-15T21:54:33-08:00