Litigation for Other Civil Matters

Cramdowns/Stripping loans

Cramdown and Stripping are terminology used in Bankruptcy Court that allows the debtor to pay for the fair market value of the secured items vs. the contract price that you agreed upon the purchase of the secured item.

A cramdown with a car can be allowed if the debtor redeems the secured property by paying in full the amount of the current fair market value of the secured claim. For example, you may sign a contract to purchase a car for $25,000 by making monthly payments of $600 a month which includes perhaps 9% interest. Three years later you are still paying $600 a month but the car is no longer worth $25,000 but perhaps $17,000 (depending on the condition of the car). In bankruptcy the debtor can redeem the value of the car saving thousands of dollars.

Credit Report Information

Creditors must comply with Federal and State Rules and Regulations in regards to reporting accurate creditor information on an individual. If reporting agencies, such as Equifax, Experian and Transunion incorrectly or negligently provide creditor information; fines and penalties are imposed and proper and correct information must be supplied. Reporting agencies are required to report accurately under the Fair Credit Reporting Act or the FCRA. We ensure after bankruptcy that Experian, Equifax and TransUnion accurately report to ensure that you receive a “fresh start” that Bankruptcy provides. We will help you to rebuild your score so you can continue to pursue your dreams to own a house, buy a car or save for your family or retirement Creditor Harassment The Fair Debt Collection Practice (FDCPA) is a law that regulates the practice and techniques of Debt Collectors. The FDCP restricts creditors from discussing you debt to third parties, harassing you at work, using vulgar language or threatening to send you to jail.

Creditor Harassment

The Fair Debt Collection Practice (FDCPA) is a law that regulates the practice and techniques of Debt Collectors. The FDCP restricts creditors from discussing you debt to third parties, harassing you at work, using vulgar language or threatening to send you to jail.

We also will assist you with other civil matters and concerns such as review of loan modifications, Divorce, Criminal, Worker’s Compensation, Personal Injury, Trusts and Wills,