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Month: December 2012

Fannie and Freddie Foreclosure Eviction Moratorium Begins This Week

It didn’t appear very widely in the news, but it appears that the two government-sponsored agencies (GSEs) responsible for mortgages, Fannie Mae and Freddie Mac, have suspended their eviction procedures for people living in foreclosed homes through the New Year. You can read about it here on The Huffington Post. Here are a few things …

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Bruce Weiner Interviewed On Bankruptcy, Divorce And Other Financial Issues

Brooklyn bankruptcy attorney Bruce Weiner was interviewed last week by NYC Financial Advisor Sara Stanich for her blog “Cultivating Wealth”. The interview covers questions about bankruptcy and divorce, debt negotiation and when to consider filing. Here’s an excerpt from the interview: Sara Stanich: “I work with people going through divorce and debt is often a …

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Why Would a Debt Collector Ask for Confidentiality in a Lawsuit Settlement?

It’s not uncommon for debt collectors to break the law when trying to recover money from debtors. Usually, their actions run afoul of the Fair Debt Collection Practices Act (FDCPA) or the Telephone Consumer Protection Act (TCPA). Violations of these federal statutes and their New York analogues can result in compensation for you and even …

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Streamlined Procedures May Allow Easier Hardship Discharges for Disabled Student Debtors

The most-noted change to the student loan rules that went into effect on November 1 of this year was to the Income-Based Repayment option for federal student loans. The changes will undoubtedly benefit many student debtors with lower monthly payments than before. The change to the federal code also touched on another subject: debts owed …

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