Living in Bankruptcy Confusion? Escape The Stress! Nothing But Blue Skies From Now On.

Archive for the Creditors Behaving Badly Category

Why Your Bank’s Credit Card is NOT Good Debt….Ever.

Friday, February 7th, 2014

By: Bruce C. Truesdale, Esq. Currently, Americans are in debt to banks on credit cards in the amount of approximately $856 billion dollars.  The average individuals credit card debt totals more than $15,000.00, trumped only by student loans. Using a credit card is borrowing money, at a very very very high interest.  The banks are […]

The Bad Collection Practices of Payday Lenders

Thursday, December 5th, 2013

There are stories all over the news right now about payday lenders behaving badly and a regulatory crackdown on them. This isn’t news to the attorneys at Bruce C. Truesdale.  We find it more interesting that the regulators seem to be more concerned about putting the rates in big letters than they are about capping […]

New Streamlined Mortgage Modification Process

Thursday, September 12th, 2013

Have you received a letter from your mortgage company stating that you are eligible for a mortgage modification recently?  Does it list shockingly specific payment terms and include coupons? A new streamlined mortgage modification process may explain the mail you have been getting from your mortgage company about a possible modification. The new streamlined process […]