Bank of America hit with $1,051,000 judgment for harassing cell phone calls

On July 2, 2014 a Tampa couple filed suit in Federal Court against Bank of America alleging that the bank called them as many as 700 times on their cell phones using an autodialer in an attempt to collect a mortgage debt. For some reason, Bank of America failed to file an Answer to the complaint and the Court entered a Default Judgment in the amount of $1,051,000 against them. Bank of America ...

I Can't Afford to Pay My Student Loans...What Can I Do?

Most people know that the total amount consumers owe in student loan debt is now more than 1 Trillion dollars. Yes, that is $1,000,000,000,000! Student loan debt now exceeds credit card debt in this country. But unlike credit card debt, it is very difficult to discharge student loan debt in bankruptcy. Notice I said difficult, but not impossible. However, this article is not about discharging ...

Vulgar voicemails force debt collector to pay $1.5 million

DALLAS - The harassing and threatening voicemail messages left on Allen Jones' mobile phone are nothing short of vulgar. "This shouldn't be tolerated," he said. "Nobody should have to experience what I had to experience." Debt collectors from Advanced Call Center Technologies, LLC left eight messages for Jones in August 2007 trying to collect what it said he owed on a credit card. Click here to ...

Letting Go: A Possible New Solution for Florida Homeowners in Distress

According to the Bureau of Labor Statistics, unemployment in the United States has been holding steady at 9.7 percent in 2010, after peaking at 10.1 percent in October 2009. In contrast, the unemployment rate in Florida is on the rise, reports the Sun Sentinel. In March 2010, unemployment rose to 12.3 percent, the highest since recordkeeping began in 1970. This is an increase of 2.7 percentage ...