Considering a Reverse Mortgage? Learn the risks.

three bags of money balanced against a house

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 […]

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 […]

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 […]

How Can Banks Misinform Customers?

The Federal Deposit Insurance Corporation (FDIC) protects consumers from the will of financial institutions every day. However, banks can still manage to misinform their customers. Below are some common examples of ways your bank may try to circumvent your rights:  Hidden Fees – undisclosed or concealed fees for maintaining accounts, balance transfers, cash advances, and […]

Consumer Protection Statistics for 2020

The covid-19 pandemic increased consumer complaints substantially. There was nearly a 54% increase in consumer complaints from 2019 to 2020. Detailed Consumer Statistics Beginning in April 2020, consumers began to submit more than 3,000 complaints mentioning coronavirus nearly every month. Overall, around 32,000 complaints mentioning coronavirus were summitted. Below is a more detailed look at […]

Free Weekly Credit Reports Extended

The three major credit bureaus, Equifax, Experian, and TransUnion said in a statement that they will continue to offer consumers free credit reports on a weekly basis until December 2022 because of the ongoing COVID-19 pandemic. The reason for the extension is because of the still-present need for consumers to have the key to their financial information. How […]

Data Breach Attorneys

Data breaches have become increasingly common over the past several years. In addition to consumers, these breaches can put a considerable burden on banks and credit card companies, which must respond to a flood of fraud claims and canceled cards. However, many data breach victims receive compensation for damages through multimillion-dollar settlements.  Major Data Breach […]

Investigation of United Property Management

United Property Management owns and operates residential rental properties all across the state of North Carolina. Our firm is currently investigating United Property Management’s property management practices related to the assessment and collection of eviction-related fees from tenants following the filing of a complaint for summary ejectment. It is our understanding that United Property Management […]

Investigating Trademark Residential

Trademark Residential is a property management company that operates throughout North Carolina. Trademark Residential owns and operates residential rental properties in most major cities across North Carolina and in some smaller communities. Our firm is currently investigating Trademark Residential’s property management practices related to the assessment and collection of eviction-related fees from tenants following the […]

Collection Calls After a Bankruptcy Discharge

Filing a Chapter 7 petition for bankruptcy can be a difficult experience. However, there remains a huge benefit for you that offsets the frustration, embarrassment, and emotional strain of bankruptcy called a “discharge”. Also known as a “fresh start”, bankruptcy discharge means creditors can no longer harass you with collection letters, phone calls, credit reports, […]