Recent Updates
April 28, 2010
State Must Prove Defendant's Knowledge of Driver's License Suspension
April 13, 2010
Sentencing Commission Votes to Eliminate Recent Criminal History Points
October 15, 2009
Consent to search inside of vehicle does not extend to locked containers
October 14, 2009
Making phone calls to get drugs for personal use not a felony
October 07, 2009
Duval County schools agree to reduce number of students getting arrested
FEDERAL TRADE COMMISSION EXPOSES “CREDIT REPAIR” SERVICES FOR THE FRAUD THEY ARE
March 23, 2009
Topic: Bankruptcy
CNBC reports that the Federal Trade Commission has finally started cracking down on credit repair companies that promise to take all the negative items off a credit report. While persons do end up with some false things on their credit report, the majority of persons who hire credit repair agencies do so with the hope that the agency will remove legitimate reports off their report. Many potential clients who have consultations with our firm ask why they should declare bankruptcy when for a few thousand dollars they can hire a credit repair agency to fix their credit.
Of course we respond that the credit repair agencies are full of it, and that their actions violate the Credit Repair Organization Act, which specifically prohibits promising to repair a person's credit from legitimate reporting of credit problems. The next group that will likely be cracked down upon is the non-legitimate debt relief organizations that do nothing more than take thousands of dollars from clients, with their fees taken first, and the giving the clients "refinanced" bills that sometimes are worse than the current arraignments with the credit card companies.
Anyone who is significantly in debt with unsecured debt should consult a bankruptcy attorney and explore whether bankruptcy, which is the only tool which can absolutely and immediately discharge unsecured debts, is available and the best option for a client. Of course, bankruptcy is not the best option for every person, nor is it available to everyone who wishes to seek it. However, please contact us to set up a consultation if you or someone you know who may need the services of a Jacksonville Florida bankruptcy attorney.
