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April 2017 Archives

6 reasons that bankruptcy strikes

You've never had financial problems. In the 10 years since you graduated from college, you've been smart with money. You've gotten pay raises at work without massively raising your standard of living. You think you're immune to bankruptcy.

Supreme Court considering whether debt buyers must follow FDCPA

In 2012, a group of debtors filed a class action lawsuit against a Santander Consumer USA Holdings Inc., a Dallas-based debt buyer specializing in auto loans. Santander had bought the debtors' loans from other holders and was attempting to collect them. The debtors claim Santander was violating the Fair Debt Collection Practices Act by bypassing some debtors' attorneys and by misrepresenting how much some debtors owed.