The recent arrest of a California couple has placed a spotlight on the issue of consumer scams in relation to bankruptcy. The pair allegedly ran a debt relief business that defrauded consumers of as much as $120,000. The story is a cautionary tale for consumers who...
Freedom And Hope Are On The Horizon
Year: 2012
American Express to compensate consumers for past abuse
A recent credit card company settlement may benefit Stockton residents with heavy credit card debt. American Express is set to refund approximately 250,000 customers a sum of $85 million to compensate for multiple violations of relevant consumer laws. According to the...
Debt collectors team with local prosecutors to harass consumers
For years, debt collectors have tried to strong-arm consumers into paying credit card debt and other delinquent accounts with threats of jail time. Legal professionals tell their clients to dismiss these threats, since no debt collector has the authority to arrest a...
Discover credit card debtors may benefit from payback
The economic difficulties we've faced in California are apparently far from over. The state government continues to struggle, as do individuals. Some may find themselves in a situation where they have had to turn more regularly to their credit cards just to meet their...
Hockey team changes ‘bankruptcy’ promotion after outcry
The management of a minor league hockey team apparently thought it would be funny to hold an "Our City Isn't Bankrupt" promotion for when the Stockton Thunder come to town on Dec. 27. But when few thought that mocking people's financial difficulties is less than...