Category: Debt
In Illinois, recently, law enforcement began to take action against debt collectors demanding money from debtors for debts that were entirely made up and fraudulent. Some debtors paid as much as $30,000 to resolve debts they never owed. Just demanding that you pay money you don’t owe violates both federal and state law, and if someone demands […]
The Consumer Financial Protection Bureau recently issued new regulations intended to help clarify and modernize the federal Fair Debt Collection Practices Act. These new rules are intended to help consumers by making it easier for them to assert their rights against debt collectors. Through the next few blog posts, these rules will be described and […]
The Center for Disease Control today announced that it was using its emergency powers to prohibit evictions of tenants whose inability to pay full rent is caused by the coronavirus/Covid-19 pandemic. The prohibition will begin shortly, and will continue until December 31, 2020. The order prohibits any residential landlord or management company from evicting any […]