Banking and Finance Law Blogs

Banking and finance legal blog posts, publishing by banking lawyers and law firms with expertise in banking law.

2014 IRS Tax Law Changes To Know About

by Bert Seither January 14, 2014 Banking and Finance Law

By Bert Seither, Director of Operations at Corporate Tax Network About the author: Bert Seither is the Director of Operations at Corporate Tax Network, a national accounting and business development firm. For nearly 10 years, Seither has assisted small business owners to help put their companies on a path to prosperity. A new year is […]

Read the full blawg post →

Credit Training Could Minimise Banks Legal Issues

by timaldiss December 12, 2013 Banking and Finance Law

There are a variety of successful ways to manage credit and reduce problems with loans. Many institutions have concerns, as a result of the current economic problems and uncertainties, regarding the commercial credit associated with loans and credit management. The over emphasis of the potential growth of loan portfolios along with incidences of corporate misconduct […]

Read the full blawg post →

Credit Card Mistakes that can Cause You Problems

by edralyn December 8, 2013 Banking and Finance Law

Whether you’re getting one for the first time or already learning how to manage debt, credit cards can be extremely complicated. If the recession has taught Americans anything, it’s that credit companies, banks, and even department stores are not their friends, and most cards are designed to gouge you for annual fees, interest, late fees, […]

Read the full blawg post →

Debt Collectors Cannot Engage in Conduct that Harasses a Consumer When Attempting to Collect a Debt

by Adam J Krohn November 28, 2013 Banking

The purpose of the Fair Debt Collection Practices Act (FDCPA) is to stop debt collection practices that are abusive and to protect the consumer.  Under the FDCPA, 15 USC Section 1692d, debt collectors cannot engage in conduct that is meant to harass, oppress, or abuse a person when attempting to collect a debt.  More specifically, […]

Read the full blawg post →

Bank condemned in Spain for failing to avoid a fraudulent transfer

by David Lorenzo October 24, 2013 Banking

Bank condemned for failing to avoid a fraudulent transfer given without the permission of their client. The Provincial Court of Palma has sentenced a bank for failing to prevent a transfer that was fraudulently from a customer’s account, from which they were transferred 9,000 euros without the consent of the owner, disapproving they  had not […]

Read the full blawg post →

Defendants Will Pay $1 Million to Settle the First Case Brought by the FTC that Alleges Text Messages Were Used in an Illegal Debt Collection Scheme

by Adam J Krohn October 16, 2013 Banking and Finance Law

In the first Federal Trade Commission (FTC) action against a debt collector who used text messaging in their efforts to collect debts in an unlawful manner, the California based collector will pay $1 million to settle the charges that they violated federal law. It was alleged by the FTC that Archie Donovan and two companies […]

Read the full blawg post →

7 Schemes that Scam the Mortgage Distressed

by terryduschinski September 18, 2013 Banking and Finance Law

On its road to recovery from the tailspin of the Great Recession, the United States housing market has become a playground for schemers and scammers. It is fertile soil for fraud. Mortgage shenanigans proliferate due to whealings and dealings of “industry insiders” — loan officers, mortgage brokers and appraisers — according to the FBI in […]

Read the full blawg post →

Making the Removal of Negative Credit Information from Your Credit Report Part of Your Negotiation with Debt Collectors

by Adam J Krohn August 16, 2013 Banking and Finance Law

Negative information on your credit report can seriously affect you financially.  For example, it can make it difficult to obtain loans.  During negotiations with a collection agency over the payment of a debt, you should consider making the removal of negative credit information on your report part of the negotiations.  If you and the debt […]

Read the full blawg post →

Debt and Money: The Bailiffs are coming

by EdwardHandsandLewis July 24, 2013 Banking

By Frances Jacobs If you owe money, your creditor can  recover their money  from you using different options. Bailiffs are one of those options. Bailiffs can be used to make you pay  a range of debts , including  council tax arrears, business rates arrears, county court orders, high court orders, child support arrears, parking or road traffic offence penalties, criminal case fines, […]

Read the full blawg post →

What Consumers Should Know About Credit Cards

by Adam J Krohn June 13, 2013 Banking

(US law and generally) Credit cards can be very useful if used correctly.  However, if they are not, they can get you into a world of trouble.  On average, an US household holds about $16,000 in credit card debt.  Due to the economy, more and more debt collectors have been retained by these credit card […]

Read the full blawg post →

← Previous Entries