Break Up the Banks
We should break up the banks. Only the full separation of depository banking and investment banking can protect consumer savings from banks’ naked speculation. Our nation needs a modern-day Glass-Steagall Act, the Depression-era banking system repealed in 1999. Commercial banks should not be allowed to make investment decisions with customers’ depository funds. When Wells Fargo Bank […]
Homeowners Association Foreclosure in DC, MD & VA
A homeowners association (“HOA”) or condo board in Washington, D.C., Maryland or Virginia has super-priority status over even first mortgage holders. Homeowners association foreclosure in the DMV is subsequently quite common. If you are unable to pay your condo or coop fees, your HOA can and will foreclose against your home. Homeowners association foreclosure procedures […]
Don’t Get Mad — Get Paid
Most of the civil litigation clients who come to see me want some person or company to pay them. You may be angry that the defendant has broken a contract or otherwise failed to deliver on some promise or warranty. You may even want the defendant to perform some specific action, and injunctive relief is sometimes […]
7 Uncommon Bankruptcy Assets
When you declare bankruptcy, you must be honest in your statements. You must list all of your property, even the most uncommon bankruptcy assets. List your assets in Schedule A/B. Be sure to include all real property, vehicles, inventory, home furnishings, clothing, jewelry, and all other tangible things that you own. Beyond personal and real […]
Are You Meeting Your Financial Goals?
Are you meeting your financial goals? More specifically, are you saving enough to meet your financial goals? The CEO of insurance giant Assurant recently observed: The reality is, half of Americans can’t afford to write a $500 check. Assurant CEO Alan Colberg via Bloomberg TV (March 2017) If you’re going year after year without saving […]
Washington DC Has the Most Student Debt in the Nation
Washington DC is a great place to live. And the residents who live here are some of the most educated in the nation. But as might be expected, Washington DC also has the most student debt in the nation, too. The average student loan debt per borrower in Washington DC is $39,832.12. That’s the highest in […]
How Long Does Foreclosure Take?
Several factors affect how long it takes to complete a foreclosure in the District of Columbia. You may be living in the property, or you may have it rented. You may need some time to find a new place to live, or to save up for a security deposit. The bank may have paperwork problems […]
Don’t Face Your Debt Alone
Don’t face your debt alone. Hire a lawyer to stand up for you to your creditors. You want a lawyer who understands you and your goals. But also you want a lawyer who understands your creditors and the entire debt collection process. An advocate who will fight for you. Don’t face your debt alone. At […]