ReleaseWire

The recent increase in FDCPA lawsuits indicates consumers are fighting back against debt collectors that violate fair debt collection laws.

By increasing the number of lenders available to borrowers, and decreasing turn around time on their payday loans, CashAdvance.com provided more cash advances to its borrowers Thanksgiving weekend than ever before.

Foreclosure defense attorneys can help people trying to avoid foreclosure with several different options. Probably the most common is to file bankruptcy or try to get a HAMP loan modification. In addition to filing bankruptcy some foreclosure defense attorneys may chose to file a lawsuit if they suspect foul play by either the lender or Mortgage Company servicing the loan. Recently there has been a wave of lawsuits filed against some of the Country’s biggest mortgage lenders. Bank of America, Wells Fargo, Chase, CITI and One West Bank are all being challenged to produce the note and prove they have the right to foreclose. Some of these lawsuits are filed before and after consumers file bankruptcy with a bankruptcy attorney. The attorney can approach the courts Trustee and challenge the securitization of the asset to prove it’s a secured asset. If not, it may be dischargeable as an unsecured asset in a Chapter 7 bankruptcy filing. While not all bankruptcy attorneys have the knowledge and expertise to pull this off, some foreclosure defense attorneys that litigate and file bankruptcy do.

Bankruptcy rates increased 14% from last year, the third consecutive increase, but ADMA executives say struggling consumers have another option.

CESI Debt Solutions CEO, Dr. Diane Chen, was one of twenty-five panelists at the first ever “Rally in Raleigh” event this past Saturday. The event was hosted by “The Get Out of Debt Guy,” Steve Rhode, and brought together leaders from the debt relief industry, including consumers and consumer advocates, to discuss how to make the industry a safer and better place for consumers.

Financial security expert and New York Times best-selling author Pamela Yellen has been on a whirlwind media tour in 2010, debunking the myths behind traditional financial investment strategies and revealing the scary truths haunting the 401k’s of many employees.

Debt can be an issue that you may wish to avoid discussing. The general headache that is caused by unrelenting debt and the harassing bill collectors is enough. Debt relief may seem like a dream, not a reality. Many people have heard of debt settlement programs but have been afraid to inquire, or simply have not been able to afford a consultation. This problem has been solved.

41 per cent of UK credit card holders still have an outstanding balance on their credit card after a year, this equates to 6 million UK credit card holders.

Unauthorised overdraft charges of up to 20 per cent will be stopped for NatWest and RBS customers in February 2011.

Government cuts will affect the poorest in society; warning from Debt Advisory Line

After newly released improvements together with the insertion of new loan providers to its automated procedures, Payday Power has now refreshed its original system for loaning of up to £1,000 in as low as 1 hour or so.

Payday Loan Savvy is helping consumers better understand Payday loans as a financial tool

Payday lenders are often targeted as an institution that preys on low income communities, but when compared to some practices by traditional lenders, payday loans can be a reasonable alternative.

The Ultimate Music Success Summit website offers information regarding how to audition for the seminar and what participants will learn.

With help from Biz2Credit, the number one credit resource for small businesses, MEDFONE (http://www.medfone.com) closed on a deal that will enable MEDFONE to refinance existing debt obligations and improve monthly cash flow by 50%.

David Cameron faces further criticism today over plans to scrap child benefit for higher tax payers.

M. Sean Cydrus cites early legal advice as the key to stopping wage garnishment, avoiding foreclosure, and removing the burden of accumulated consumer debt.

Over the last 6 months a staggering 1.3 million complaints have been lodged against banks. This equates to an alarming 7,143 complaints every day.

The only mobile application that projects the user’s full financial picture in calendar view promises to stop overdrafts and financial embarrassments for iPhone users.

Following recent reports that some fee-charging debt management firms are pretending to be charities and aim to make money from vulnerable people, Debt Advisory Line maintains its position at the forefront of the debt management sector...

People are continuing to pay back debts before making any savings according to research from Markit UK's Household Finance Index. The research also found that lower levels of debt have been noted for the 8th consecutive month.

High street spending figures show signs of receovery but is more credit card spending a receipe for disaster?

CESI Debt Solutions, a national non-profit organization providing credit counseling and debt management services, is proud to announce that founder and CEO, Dr. Diane Chen was one of only twenty-five women awarded the 2010 Women in Business Award by the Triangle Business Journal on Wednesday, August 6, 2010, at the Sheraton Imperial Hotel in Durham, North Carolina.

CESI Debt Solutions, a nationwide nonprofit leader in finance education and debt counseling, was featured by FOX Business.com, USA Today, Forbes.com, and CBS Money Watch in various articles highlighting the prevalence of dishonest spending habits within marriages.

No more interest free student loans - could this push people further into debt