• Is Robo-Signing Sequel Being Put on Plastic?

    On Wednesday, we discussed how some Chicago-area homeowners are now dealing with foreclosure notices as lenders begin to tackle backlogs that were amassed while states investigated “robo-signing” fraud. As it turns out, the practice in which bank employees sign thousands of documents and affidavits without verifying the information was not just limited to foreclosures.

    On August 12, 2012, the New York Times reported that the same “robo-signing” problem is now emerging in the debt collection practices of credit card companies as well. Judges who oversee these cases told the Times that lenders are “churning out lawsuits without regard for accuracy, and improperly collecting debts from consumers.” Worse yet, many judges told the Times that “their hands are tied” and they cannot question the banks or comb through the lawsuits to root out suspicious documents unless a consumer shows up to contest the lawsuit.

    “I do suspect flaws,” Harry Walsh, a superior court judge in Ventura, California, told the Times. “But there is little I can do.”

    “I would say that roughly 90 percent of the credit card lawsuits are flawed and can’t prove the person owes the debt,” Brooklyn civil court judge Noach Dear told the Times. He said he presided over as many as 100 such cases a day .

    Are you being harassed by debt collectors for outrageous-possibly even exaggerated-credit card payments? You may be able to wipe out your credit card debt by filing Chapter 7 or Chapter 13 bankruptcy . Contact our firm today at (866) 930-7482 or complete the form located on this page to see how our Chicago bankruptcy attorneys can help.

    Benjamin Brand Services – Chicago bankruptcy lawyers

  • Bankruptcy Helps Sick People Who Did Not Plan on Getting Sick

    Suleika Jaouad was diagnosed with acute myeloid leukemia just a few months after moving to Paris to start her first full-time job. She now writes a column entitled “Life, Interrupted” for the New York Times Well blog, and her post on August 9, 2012, discussed some of the financial challenges she faces because of her cancer. “Like a lot of other young people, I never thought about health insurance until I got sick,” Jaouad wrote. “I was 22, and my adult life was just beginning.”

    Jaouad says her insurance has covered over a million dollars in medical expenses in the last year alone. She estimated that the out-of-pocket costs associated with her cancer care so far have “reached tens of thousands of dollars.” While Jaouad says the financial burden of cancer has not forced her parents to take on second jobs or sell their house, she said she knows of “fellow cancer patients with and without insurance who have had to consider such options.”

    “Sick people don’t plan on getting sick,” Jaouad wrote. “We shouldn’t have the added worry that someday insurance coverage may not be there. Or that a medical crisis could become a financial one too.”

    It is important to remember that Chapter 7 and Chapter 13 bankruptcy are legal options for people like Jaouad who have accumulated substantial debt through no fault of their own. We have helped hundreds of clients who were completely overwhelmed with medical bills for care they needed simply to survive. We fully believe that people like Jaouad deserve help, and our firm can help you if your family is struggling because of the costs of hospital visits and medical care. Contact our firm today at (866) 930-7482 or complete the form on this page to let our Chicago bankruptcy attorneys review your case.

    Benjamin Brand Services – Chicago bankruptcy lawyers