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After being named the longest government shutdown in history, the government finally opened its doors back up temporarily until February 15th–pending approval of budgetary needs for the President’s wall-funding request. During this tumultuous shutdown, many federal workers went without pay. Approximately 800,000 workers were furloughed, and according to Inman–leading news…

At Loan Lawyers, we have used the Fair Debt Collection Practices Act (FDCPA) to great effect to protect members of the public from harassment by debt collectors, mortgage companies and mortgage services, As the FDCPA states, its purpose is to “eliminate abusive debt collection practices by debt collectors, to ensure…

Financial problems are one of the leading causes of divorce in America. It is not hard to see how money issues and debt cause stress, and stress is, without a doubt, harmful to any relationship. Not all debt is caused by mismanagement of money, but clashing money management styles can…

A monetary judgment once entered, gives the judgment creditor the right to seek to collect the amounts due. After the entry of the judgment[1], the creditor in many cases, may not make an immediate attempt to collect or may go a long time without making any collection effort. Lack of…

In this era of data breaches and stolen identity, it is not uncommon to receive the dreaded call or letter stating that someone has opened a credit card or line of credit in your name. While informing the creditor that the account does not belong to you is a necessity,…

A good decision came out recently in the Seventh Circuit, the case of Loja v. Main Street Acquisition Corporation. The issue it considered is fairly well settled in Florida but it is always good to see normal members of the public prevail anywhere. The Fair Debt Collection Practices Act or…

Most forms of debt have what is called a “statute of limitations”, a date after which a lawsuit to collect the debt will fail because the debt is too old, if the allegation that the debt is too old is proven in court. Many local courts have held that it…

A great opinion came out of the Second District Court of Appeals recently, the case of Katrina Bushnell v. Portfolio Recovery Associates, Case No. 2D17-429. Portfolio is what is commonly called a “debt buyer” and anyone who has read our blogs knows our office has had a great deal of…

Florida Statutes §702.12, Coming on October 1, 2018, May Create a Streamlined Foreclosure Procedure against Borrowers who have Previously Filed for Bankruptcy Protection If you are a borrower who has previously filed for bankruptcy protection and you are now potentially looking at possible foreclosure action by your lender after October…