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Consolidation Archives

Banks Are Not Required To Present Any Proof In Order To Obtain Default Judgment

debt-consolidation-reverse1-thumb-275x275-41846.jpgIn HSBC Bank Nevada, N.A. v. Aguilar, the Appellate Division of the Los Angeles County Superior Court held that a bank was not required to present any proof in order to obtain a default judgment against a holder of a credit card.

The Student Loan Debt Bomb: America's Next Mortgage Economic Crisis

student-loan-consolidation-thumb-275x237-35572.jpgThe National Association of Consumer Bankruptcy Attorneys (NACBA) prepared a report regarding the dischargeability of student loans in the bankruptcy court. I have summarized the report below, but click here to review the entire report .

Credit Card Delinquencies Continue to Drop - Santa Rosa Bankruptcy

First-Savings-Credit-Card-thumb-275x206-28961.jpgCredit card delinquencies have reached a six-year low, according to the latest Credit Card Index from Fitch Ratings according to Consumer Bankruptcy News. The report also shows credit card charge-offs ticking up for the first time in the past several months.

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