http://www.alabamaconsumerlawyerblog.com/ Published By Sharbrough Law Firm en-us 2009-02-24T08:42:57-06:00 http://www.alabamaconsumerlawyerblog.com/2009/02/consumers_and_lawyers_beware_o.html Bankruptcy and consumer lawyers in Alabama and elsewhere should be aware of American Express’s attempt to subvert bankruptcy laws with respect to preference payments. American Express has announced a plan to pay some of its card members $300 to... Debt Collection Practices John W. Sharbrough 2009-02-24T08:42:57-06:00 http://www.alabamaconsumerlawyerblog.com/2009/02/the_bankruptcy_option_1.html As an Alabama consumer lawyer I see more and more clients who are “over-extended” and having tough times economically. Deciding whether or not to file bankruptcy is one of the most difficult decisions a person can make. However, bankruptcy no... Bankruptcy John W. Sharbrough 2009-02-22T11:35:24-06:00 http://www.alabamaconsumerlawyerblog.com/2009/02/frequently_asked_questions_for_1.html Borrowers Who Are Current on Their Mortgage Are Asking: 1. What help is available for borrowers who stay current on their mortgage payments but have seen their homes decrease in value? Under the Homeowner Affordability and Stability Plan, eligible... Mortgage Foreclosure John W. Sharbrough 2009-02-20T10:50:08-06:00 http://www.alabamaconsumerlawyerblog.com/2009/02/president_obamas_foreclosure_p.html Alabama Consumer Lawyers will soon have another avenue to help embattled homeowners fight and avoid foreclosure. On Wednesday, February 18, 2009, the White House announced President Obama’s “Homeowner Affordability and Stability Plan” earlier this week. The plan presents a comprehensive... Mortgage Foreclosure John W. Sharbrough 2009-02-20T09:34:24-06:00 http://www.alabamaconsumerlawyerblog.com/2009/01/equal_pay_for_equal_work_shame.html Opportunity calls out to each of us every day. But, more often than not we fail to hear it. One day in 1998, Lilly Ledbetter of Gadsden, Alabama, heard the clarion call of justice, loud and clear. For almost twenty... Employment Discrimination John W. Sharbrough 2009-01-31T21:07:46-06:00 http://www.alabamaconsumerlawyerblog.com/2009/01/foreclosure_relief_bill_moves_1.html Help may be on the way for Alabama consumers facing foreclosure. On Tuesday, January 27, 2009, the House Judiciary Committee voted 21-15 to send a bill designed to help consumers save their homes to the full House. The bankruptcy reform... Mortgage Foreclosure John W. Sharbrough 2009-01-27T20:50:56-06:00 http://www.alabamaconsumerlawyerblog.com/2009/01/the_right_of_rescission_how_to_1.html The Truth in Lending Act mandates additional disclosures at closing for ARMs. A list of the required disclosures may be found at 12 C.F.R. § 226.19. In my clients’ case, there were a number of disclosures that were not made.... Mortgage Foreclosure John W. Sharbrough 2009-01-26T14:46:09-06:00 http://www.alabamaconsumerlawyerblog.com/2009/01/the_right_of_rescission_how_to.html The right of rescission is an under utilized and little understood but powerful weapon in the consumer lawyer’s arsenal. Nothing will stop a foreclosure faster than a consumer giving notice of rescission to a mortgage company. Most lawyers and many... Predatory Lending John W. Sharbrough 2009-01-25T15:56:48-06:00