Alabama debtor protections are weak, and Mobile lawyer wants changes.

by s1manager | Nov 20, 2013 | Consumer Protection, Latest News

By Alex Walsh awalsh@al.com A recent report that gave Alabama an “F” for the legal protections it affords consumers with debt failed to surprise one Mobile attorney. James Patterson is with Underwood & Riemer, PC, a firm that often defends consumers...

Have debt? Good luck: Alabama home to nation’s weakest debtor protections, report says

by s1manager | Nov 14, 2013 | Consumer Protection, Latest News

By Alex Walsh | awalsh@al.com http://blog.al.com/wire/2013/10/have_debt_good_luck_alabama_ho.html Alabama law contains only a few weak protections for its residents that find themselves with significant amounts of debt, a new report shows, making it one of the worst...

Credit data giant Experian tangled in ID theft case

by s1manager | Oct 25, 2013 | Latest News

An investigation of an alleged Vietnam-based identity theft ring has dragged in the credit reporting firm Experian and rekindled a congressional effort to force companies to reveal how they use Americans’ personal and financial data. The scam allegedly resulted in the...

Bank of America loses fraud trial over shoddy mortgages

by s1manager | Oct 25, 2013 | Latest News

Bank of America was found liable for fraud this week over defective mortgages sold by its Countrywide unit, a major win for the U.S. government in one of the few trials stemming from the financial crisis. After a four-week trial, a federal jury in New York found the...

Wells Fargo hit with $3.1 Million verdict for wrongful forelcosure

by s1manager | Oct 17, 2013 | Latest News

If you have an insurance policy through your mortgage company, it might not actually pay off the mortgage after you pass away…unless you get a lawyer and fight. James Dollens purchased a home in 2003 with a loan from Wells Fargo.   In 2010, he died accidentally...