Statute of Limitations on North Carolina Credit Card Debt

someone holding out 4 credit cards fanned out

The advent of credit cards in the 1950s brought with them unmatched buying power for Americans. But they also brought more risks for consumers and for some, financial ruin. Today, more than 191 million Americans have credit cards, and the average card holder has 2.7 different cards. Credit card usage took a dive last year, […]

Super Lawyer & Super Lawyers Rising Stars (2022)

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Maginnis Howard is proud to announce that five of our attorneys made the list of Super Lawyers or Super Lawyer Rising Stars for 2022! Our lead personal injury attorney, T. Shawn Howard claimed the title for the second consecutive year. He earned the Rising Star award every year from 2016 until 2020. Ed Maginnis, our […]

Camden Property Settlement for $5 Million

This week attorneys Ed Maginnis and Karl Gwaltney alongside co-counsel from Whitfield Bryson finalized a $5 million settlement related to eviction fees. The class action against Camden Property Trust alleged the company collected illegal eviction fees from hundreds of tenants. In 2016, Camden filed to evict our client and, in connection with that filing, charged eviction fees totaling nearly $200. […]

Handshake Agreements and Breach of Contracts

two people shaking hands

The old-fashioned handshake began as a means for two people to assure one another that neither was carrying a weapon. Over the years the handshake has evolved into a contractual gesture for different types of agreements. With pages and pages of contracts and barely visible fine print, do handshakes still carry any weight in the […]

Considering a Reverse Mortgage? Learn the risks.

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Perhaps you’ve seen Tom Selleck on a daytime TV ad addressing seniors directly, or maybe you’ve only heard the term involved in lawsuits. But what is a reverse mortgage really? A brief summary of the reverse mortgage. A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), is only available to homeowners 62 […]

Maginnis Howard Obtains Settlement from Seterus Inc.

In December of 2020, Maginnis Howard agreed to the $7 million settlement from Seterus Inc. regarding unlawful debt collection practices. This week, homeowners signed off on the deal. Thousands of homeowners received threatening “final notice” letters from Seterus Inc between September 2012 and February 2019. Collectors, in order to expedite loan repayment, pressured homeowners who […]

Bank of America agrees to settle class action over excessive fees

Hands of cafe visitor holding credit card and putting it to the card payment machine

Bank of America Corp has agreed to a $75 million preliminary settlement for charging multiple overdraft fees on transactions for checking and savings accounts. What is an overdraft fee? When a customer attempts a purchase with insufficient funds, many banks charge users an overdraft fee for the failed transaction. The practice is highly profitable for […]

How to Spot a Consumer Scam

Phone call from unknown number late at night. Scam, fraud or phishing with smartphone concept. Prank caller, scammer or stranger. Man answering to incoming call. Hoax person with fake identity.

A consumer scam is an unlawful and deceptive ploy designed to extract more money from victims than they owe. During the course of the COVID-19 pandemic, creditors, debt collectors and scammers have been stepping their efforts at an unprecedented rate. In 2020, consumers reported losing $3.4 billion to fraud. Luckily, there are ways to stay […]

Nationstar Hits Thousands with Unauthorized Withdrawals

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Mortgage servicing giant Nationstar (which also operates under the name Mr. Cooper) made multiple unauthorized withdrawals from customer accounts on the night of April 24th, 2021. The North Carolina Attorney General’s Office said that the glitch impacted more than 14,000 North Carolina residents. For some customers, temporary courtesy credits were visible later that same day. […]

Inaccurate & Incorrect Background Checks

Incorrect background checks can cost someone an opportunity for a new job or even cost them their current job. Consequently, the United States government enacted the Fair Credit Reporting Act (FCRA) to protect consumers and promote the accuracy of private consumer reports. In the past few years, our firm resolved a case involving an individual […]