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As COVID-19 continues to reshape reality for the world, consumers and the businesses they rely upon are navigating the economical fallout from mandatory lockdowns and social distancing guidelines implemented by state and local governments. Not to be left unscathed, the debt collection market has seen significant impacts and made adjustments to the new guidelines put out by the Consumer Financial Protection Bureau (CFPB) in order to stave off delinquency reporting of consumers who’ve fallen behind…
During times of crisis such as the never-ending cataclysms of 2020, predatory lending practices unfortunately tend to rise as they seek advantage over consumers in desperate financial situations. Generally, predatory lending involves using financing terms that makes it impossible for the borrower to repay a loan, with additional costs and fees based on this unfair situation.…
During times of crisis such as the never-ending cataclysms of 2020, predatory lending practices unfortunately tend to rise as they seek advantage over consumers in desperate financial situations. Generally, predatory lending involves using financing terms that makes it impossible for the borrower to repay a loan, with additional costs and fees based on this unfair situation.…
In our continuing series on learning more about process servers with ABC Legal, we meet Lee DeLoach. He’s a family man and a former marine with a college degree who came into this career the round-about way.  As many blue and white collared wage-earners  have discovered, the career you start with isn’t necessarily the one you’ll have for life. After market changes in his management job, Lee decided to help a friend out as…