The Fair Credit Reporting Act, 15 U.S.C. Secs. 1681–1681x, is part of the Federal Consumer Protection Act. It is intended to protect consumers by assuring the accuracy of a consumer’s credit information held and disclosed by the credit reporting agencies. The statute allows a consumer to challenge information in his/her report that is allegedly inaccurate, and requires the credit reporting agencies to investigate alleged inaccuracies, and make corrections, if necessary.
- HOMESTEAD EXEMPTION: California Increases ProtectionBy Herbert WigginsIn bankruptcy, creditors, debt relief, mortage, Real EstateDecember 3, 2021As of January 2021, California’s Homestead Exemption […]
- SCOTUS: Violating Bankruptcy Discharge Serves Up Creditor for ContemptBy Herbert WigginsIn bankruptcy, creditors, debt reliefNovember 26, 2021The primary purpose of the bankruptcy stay [11 USC […]
- BANKRUPTCY LAW (Discharge Order)By Herbert WigginsIn UncategorizedNovember 19, 2021An order entered by the court at the conclusion of a […]