Cases involving students in Texas and around the country being defrauded by their colleges have prompted action by the U.S. Department of Education. It has announced that it will start to develop regulations in September 2015 to establish procedures designed to allow...
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Month: August 2015
Abandoning a foreclosure too soon could create a problem
On Behalf of Pelley Law Office LLP | Aug 18, 2015 | Foreclosure
Many people in Texas don't know that once they get a foreclosure notice in the mail, it could be several years before the bank repossesses their home. In some cases, banks change their minds about pursuing a foreclosure but fail to inform the homeowner. When a...
The prevalence of credit card debt
On Behalf of Pelley Law Office LLP | Aug 11, 2015 | Debt Relief
Just because buying things with plastic is easy does not mean that every Texas cardholder can pay off a credit card balance every month. Looking at national data from the Federal Reserve, total credit card debt amounted to $901 billion as of May 2015. This represents...
People in Texas cities have more credit card debt
On Behalf of Pelley Law Office LLP | Aug 6, 2015 | Debt Relief
A new report by CreditCards.com ranked two Texas cities among the most debt-burdened cities in the country. According to the report, credit card holders in Dallas and San Antonio owe an average of around $4,900. Although the debt burdens in San Antonio and Dallas are...