For Your Information

How Does the Consumer Financial Protection Bureau Help People?

Posted in: Consumer Protection Law Articles

How Does the Consumer Financial Protection Bureau Help People?

People have the right to be treated fairly and honestly by lenders. Borrowing terms should be easy to understand. When borrowers have a question or concern, lenders should respond to them in a reasonable time and try to resolve issues.  When lenders don’t follow these simple rules who can we turn to? Congress enacting The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) in 2010.  Part of Dodd-Frank created the Consumer Financial Protection Bureau (CFPB) to protect consumers from illegal and misleading lending practices. The CFPB website explains its goals this way: “We aim to make consumer financial markets work for consumers, responsible providers, and the economy as a whole. We protect consumers from unfair, deceptive, or abusive practices and take action against companies that break the law. We arm people with the information and stepstools that they need to make smart financial decisions.” On July 21, 2016, the CFPB celebrated its fifth anniversary and published its report card. The CFPB has: Provided $11.7 billion in relief to more than 27 million consumers; Handled nearly one million consumer complaints; Clarified and simplified loan disclosure forms; The CFPB is attacking abusive debt collection tactics. Consumers now have an advocate with enough clout to make a difference. People can rely less on private attorneys to address disputes with lenders and debt collectors. The CFPB saves people money, opens the door for many who otherwise could not get help and gives people the power to stand up for their rights against big companies.

Read More

What Is the Consumer Financial Protection Bureau?

Posted in: Consumer Protection Law Articles

What Is the Consumer Financial Protection Bureau?

In 2010 Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act which created the Consumer Financial Protection Bureau (CFPB) in response to the financial crisis to ensure that consumers have access to financial markets that are fair, transparent, and competitive. Through rules, oversight, enforcement of the law, and consumer engagement, the CFPB works to protect consumers, ensure they are treated fairly, and restore people’s trust and confidence in the markets they use for everyday financial products and services.

Read More

Dodd-Frank Wall Street Reform and Consumer Protection Act: How Does It Protect People?

Posted in: Consumer Protection Law Articles

Dodd-Frank Wall Street Reform and Consumer Protection Act: How Does It Protect People?

In 2008, financial markets crashed due to a number of causes. The economy tanked, millions of people lost their jobs and many companies who were deemed “too big to fail” were given a taxpayer-funded bail-out to prop them up. Many small banks and investment firms that were financially teetering on the brink of failure were bought up by larger banks. So, in the process some banks like JP Morgan Chase and Wells Fargo became even bigger than too big to fail. The American and world economies spiraled down into the deepest recession since the depression of the 1930’s. It was in this bleak atmosphere that Congress responded by enacting The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) in 2010 to help prevent this type of financial crisis from happening again.  It was the most comprehensive financial reform since the Glass-Steagall Act passed in 1933. Here are a few of the key ways Dodd-Frank protects consumers, taxpayers and small investors: Oversight to Head-Off the Failure of Financial Institutions Limit Banks’ Investments with Depositors' Money. Protect Consumers from Unfair, Abusive Financial Practices. It created the Consumer Financial Protection Bureau. Oversee Wall Street with greater scutinty.

Read More

Posted in: Our Focus on Clients

Don't Settle for Good Legal Advice

When you see a lawyer do you expect good legal advice?  If good legal advice is all you expect, that is the most you will get. I think people should expect and receive the BEST legal advice. Getting the best legal advice starts with choosing a lawyer who thinks there is a difference between good advice and the best advice for each client. Once you choose a lawyer, getting the best advice can be achieved if you and your lawyer work to have a trusting relationship and effective communication. This article deals with your lawyer’s role to achieve those things.

Read More

Posted in: Our Focus on Clients

Want the Best Legal Advice? Here's Your Role

When you talk to a lawyer do you expect good legal advice?  If good legal advice is all you expect, that is the most you will get. I think people should expect and receive the BEST legal advice. Getting the best legal advice starts with choosing a lawyer who thinks there is a difference between good advice and the best advice for each client. Once you choose a lawyer, getting the best advice can be achieved if you and your lawyer work to have a trusting relationship and effective communication. This article deals with your role as the client.

Read More

Airbnb Rentals – Tips for Evaluating Hosts and Host Contracts

Posted in: Contract Law Articles

Airbnb Rentals – Tips for Evaluating Hosts and Host Contracts

Airbnb provides an online service that connects Hosts who have accommodations to rent with Guests seeking to rent. It provides an alternative to booking a hotel room when traveling. In order to access certain features of the Airbnb website and its tools, and to book an accommodation or create a rental listing, you must register to create an account and become a member. And, in order to do that you must agree to its Terms of Service. This is the contract you are signing with Airbnb. You must also sign a contract with the Host - the rental agreement.  This article offers three tips to holp you evaluate the Host and his contract and to have a good experience with the accommodations you rent.

Read More

Posted in: Zoning & Land Use Articles

Understanding the Zoning Hearing Board and Zoning Hearing Basics

A zoning hearing board is appointed by the governing body of a municipality to decide questions and disputes (called appeals) involving the municipality’s zoning ordinance. This article provides information about zoning denials and appeals, the types of zoning relief available, the zoning appeal process, presenting evidence to a zoning hearing board and tips to increase the chances for a successful zoning appeal decision.

Read More