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Countrywide fees during bankruptcy? Read about HSBC too

TS in Ohio sent this report. If you studied the Countrywide case regarding fees added during bankruptcy you will see the same is happening at HSBC. Read this report carefully. Compare it to what attorneys are saying about Countrywide adding additional fees when the bankruptcy court is handling the payments. […]

Bankruptcy Reform Ignored Congressional Report

Did anything change between their findings in 2004 and the sellout of American consumers in 2005? Not that we can tell. Former predator Household International was instrumental in pushing for bankruptcy reform, and HSBC took over after they bought Household.

Bankruptcy law could mean fewer lawyers

New rules taking effect today could shrink the number of bankruptcy lawyers and increase costs for those seeking debt relief.

But while some debtors’ attorneys say tougher filing requirements and increased liability could force them out of the field, credit counseling agencies are prepared for a boom in business.
Under the new bankruptcy law, debtors must pass […]

Sears and K-Mart Proposed Merger

Kmart Holding Corp. is acquiring Sears, Roebuck and Co., in a surprise $11 billion deal that will create the nation’s third largest retailer, it was announced on November 17, 2004.

Only days after predatory lender Household Retail Services, now known as HSBC Retail Services, announced a deal with K-Mart to market a “K-Mart Rewards Card” the […]

Massachusetts passes anti-predatory lending law

Joining a growing number of states in the battle against predatory mortgage lending, Massachusetts enacted a strong anti-predatory lending law earlier this week. The new law passed with overwhelming bipartisan support and with the endorsement of both mortgage industry trade groups and consumer and civil rights advocates.

Among the law’s significant provisions:
Triggers strong […]

Our confirmation of your complaint

Letter to Confirm a complaint about Household Retail Services
To: < Insert your data >
Subject: Household Retail Services

Allow me to send supporting documentation for this case. We collect information about this company and their business practices. As the lead investigator I also reference Federal Trade Commission case reference number 1782918 in this on-going investigation. I am […]