Blog
Search The Site
When Debt Buyers Escalate Collection Efforts: What to Do in a Collection Lawsuit
What to Do in a Collection Lawsuit Aggressive debt buyers make big business out of purchasing and collecting on old credit card, medical, and charged-off consumer debt. California passed its Debt Buyers Fair Practices Act in part because old consumer debt accounts...
The Impact of Having An Estate Plan: 3 Reasons for Creating a Plan Regardless of One’s Station in Life
August is National Will Month. It precedes September’s National Preparedness Month and somehow, National “What Will Be Your Legacy” Month manages to fit snugly between the two. In truth, there is never a better time than “now” to be prepared and create an estate plan...
National Banks Are Making Riskier Loans: 3 Precautions Business Owners Can Take Against Rogue Lenders
On June 25, 2014, the US Treasury Department, through the Office of the Comptroller of the Currency (“OCC”), issued a press release saying that banks nationwide are making riskier loans to compete with other banks. The OCC is charged with regulating and supervising...
The Safe Way to Consolidate a Chunk of Consumer Debt
Author: Kaitlin Funaro, MarketPlace Media We’ve all seen late night infomercials promising to lift us out of a mountain of crushing debt: It’ll only take a phone call. Just three minutes of your time. And you, too, could be debt free forever. You don’t need to consult...
When the Bank Demands Payment in Full: 3 Options for Borrowers with Matured Business Loans
There are three realistic options that a business owner should consider when their bank demands payment of the loan in full. Pay Off the Loan In a restrictive banking climate, refinancing sounds much easier than it really is. Banks infrequently rewrite their own...
“Keep Your Money!”
When Is It Acceptable to Forgo Payments to Your Creditor or Landlord? Credit card, loan and lease agreements contain terms that regulate the debtor / creditor or landlord / tenant relationship. Not surprisingly, a large portion of these contracts are dedicated to the...
Why Perform Bathroom Surgery?
I recently met two successful business partners in the real estate investment business. They were frustrated about a real estate transaction they had been involved in for a while. They proceeded to tell me how many hours they spent on doing the legal research that...
So House Flipping is Your Thing? Really.
Believe it or not, house flipping is back with the housing recovery. And while there’s money to be made from flipping houses, there’s also money to be made from selling things to would-be flippers. Flipping workshops are crowded again. House Flipping Workshops At a...
The Meaning of ‘Where is – As is’ in Real Estate
What Does "Where is-As is" Mean? “Where is-As is” is a real estate term whereby the property is being sold in its present condition. No “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property. It...
Does Having More Money Make You Less Empathetic? Surprising Psychology Behind Money.
http://www.npr.org/programs/ted-radio-hour/295260995/the-money-paradox People who were shown a picture of their "future selves" tend to save more (by 20%) than those who are shown pictures of their current selves. Studies show that as a person's wealth increases,...
Meet David Soble
DAVID SOBLE
Real Estate & Finance Attorney