I was Ohio’s Attorney General when the fraud-driven collapse of the housing market documented in “The Con” began. I’m proud to say that my office was at the forefront of the effort to hold the big banks, predatory lenders, rating agencies, mortgage brokers, stock and bond speculators, brokerage firms, real estate appraisers and others who ignited the near-collapse of the global economy accountable for their actions. The things I learned as we investigated the mortgage industry were extremely … [Read more...] about You’re invited to attend the free virtual world premiere of the “The Con” on August 5
A lot has happened since we issued our first COVID-19 on March 13. In our tenth update we’ll take a look at recent developments, discuss impending challenges and opportunities, issue a couple warnings, and dispense some sage advice… Involuntary Forbearance can threaten your financial future Let’s start with a cautionary tale about involuntary mortgage forbearance. As we’ve said repeatedly, while it can be a lifesaver for people who are facing financial disaster as a result of the pandemic, … [Read more...] about COVID-19 Update 10–forbearance, evictions, collections, and more
At DannLaw we devote considerable time and attention to one of the most challenging areas of consumer law: student loans. That’s why we are particularly pleased and proud to announce that we recently scored an impressive victory for a client in Common Pleas Court. Our client had been sued by National Collegiate Student Loan Trust (NCSLT), his private student loan lender. The company secured a $42,781.02 judgment against him in 2016 when he did not appear for a hearing on the case. There was … [Read more...] about DannLaw scores impressive win over NCSLT, student loan firm ordered to refund $15,000 to borrower
The U.S. Supreme Court’s decision in Seila Law v. Consumer Financial Protection Bureau marked the culmination of a years-long attack against the agency by the business community, Congressional Republicans, and the Trump administration. It also provided a major dose of “be careful what you wish for because you just might get it” for the powerful forces who have been trying to destroy the CFPB since it was created in the wake of the collapse of the nation’s housing market in … [Read more...] about Supreme Court ruling that CFPB may continue to operate is win for consumers, major blow to lenders, scam artists
Founder Marc Dann and Managing Partners Brian Flick and Javier Merino are pleased to announce that DannLaw has acquired the Zingarelli Law Office, one of the Cincinnati area’s most highly respected consumer and small business bankruptcy law firms. Atty. Nick Zignarelli, who will work with DannLaw on an “of counsel” basis, has been widely recognized for his work in bankruptcy and consumer law. He is rated 10 out of a possible 10 by Avvo, has been named a top rated bankruptcy attorney by Super … [Read more...] about DannLaw acquires Zingarelli Law Office in move that will strengthen firm’s business bankruptcy practice
THIS IS AN URGENT ALERT FOR INDEPENDENT CONTRACTORS OR SELF-EMPLOYED INDIVIDUALS WHO FILED FOR PANDEMIC UNEMPLOYMENT ASSISTANCE BENEFITS IN OHIO: YOUR PERSONAL DATA MAY BE AT RISK! PROTECT YOURSELF AND YOUR FAMILY BY CONTACTING DannLaw TODAY! We just learned that DeLoitte Consulting allowed unauthorized persons to view and access the social security numbers, names, addresses, and other personal and financial information of independent contractors and self-employed Ohioans who filed … [Read more...] about URGENT ALERT FOR INDEPENDENT CONTRACTORS OR SELF-EMPLOYED INDIVIDUALS WHO FILED FOR PANDEMIC UNEMPLOYMENT ASSISTANCE BENEFITS IN OHIO!
Since the COVID-19 emergency began DannLaw has issued regular updates featuring important information and advice for homeowners struggling to make their mortgage payments because they have lost jobs or been laid-off as a result of the crisis. As we’ve noted numerous times people with federally-backed loans are eligible for various types of relief under the CARES Act including a prohibition on foreclosures, an automatic 90-day payment suspension, and up to one year of forbearance. If used … [Read more...] about Bank, servicer mistakes plagues mortgage forbearance program, Wells Fargo among offenders
Join DannLaw founder Marc Dann as he discusses the problems plaguing the Paycheck Protection Program, when and how to access information about mortgage forbearance and other relief programs, and the Trump Administration's perversion of the CFPB. If you need help or advice please call 877-475-8100 or email firstname.lastname@example.org to schedule a no-cost consultation https://www.facebook.com/fightforconsumers/videos/2491221337874893/ … [Read more...] about DannLaw Covid-19 Video Update #9
As we’ve mentioned in a couple of our COVID-19 updates, under the CARES Act renters who live in “covered properties” as defined by the law may not be evicted for non-payment of rent for 120 days retroactive to March 27, 2020. Landlords are also prohibited from imposing fees, penalties, or other charges for non-payment of rent during the moratorium period and they must provide tenants with a 30-day notice of their intent to evict when the moratorium ends. We’re glad this protection exists, but … [Read more...] about Questions about evictions–the feds are finally providing some answers.
If there is one thing homeowners, consumers, and small business owners need from the federal government, their banks and mortgage servicers as they attempt to make sound financial decisions in the midst of the coronavirus crisis is reliable information. Of course, that’s exactly what they’re not getting. So in this ninth edition of DannLaw’s Covid-19 updates I’ll try once again to fill the knowledge gap and clear the confusion surrounding the multiple aid packages that have been enacted by … [Read more...] about DannLaw COVID-19 Update 9–knowledge is power