Foreclosure Prevention Offered

By admin, 19 June, 2012, 1 Comment

Homeowners facing foreclosure in Pitt, Beaufort, Washington, Martin, Nash, Edgecombe and Lenoir may be able to get help from one of two state programs offered by the Greenville Housing Development Corporation.

The N.C. Foreclosure Prevention Fund helps qualified unemployed workers and others facing financial hardship pay their mortgage while they seek employment.

Call 888-442-8188 for more information.

Homeowners facing foreclosure for any reason can obtain free counseling and other help through the State HOme Foreclosure Prevention Project.

For more information, call 888-623-8631 or go to

The Daily Reflector, Saturday, January 21, 2012

Judge Rich Leonard Named to Board of Visitors for Campbell Law School

By admin, 19 October, 2011, 6 Comments

Campbell Law School Names Judge Rich Leonard to Board of VisitorsMelissa Essary, dean of the Campbell University Norman Adrian Wiggins School of Law, has announced that Judge Rich Leonard has been named to the Campbell Law Board of Visitors, which advises, guides, and counsels the dean, faculty, and senior leadership. A graduate of Yale Law School, Judge Leonard earned his undergraduate degree at the University of North Carolina at Chapel Hill, where he received the prestigious full-tuition academic Morehead Scholarship.

“Campbell Law is honored to welcome Judge Leonard to the Campbell Law Board of Visitors,” said Essary. “His experience and qualifications along with his nationally recognized efforts in the legal community will be a wonderful asset to the school’s leadership efforts.”

Since 1992, Judge Leonard has served as a judge with the U.S. Bankruptcy Court for the eastern district of North Carolina and was the court’s chief judge from 1998 until 2005. In addition, he chairs the national task force to develop the requirements for the next generation of case management systems in the federal courts. He has participated extensively in numerous judicial reform efforts in Africa, and has made more than 30 trips to the continent as part of his efforts. Judge Leonard is the editor in chief of the American Bankruptcy Law Journal and teaches bankruptcy and corporate reorganization at the Campbell Law School. In 2011, the American Bar Association named him the recipient of the Robert B. Yegge Award, given to the judge or lawyer who has made the greatest contribution to judicial administration nationally.

The Campbell Law Board of Visitors is comprised of esteemed legal, judicial, and business leaders. Each member of the board serves a two-year renewable term.

WHAT NEXT: At at time when the economy is in such bad shape now–”Obama wants to ease way for debt collectors to call cellphones”

By admin, 4 October, 2011, 1 Comment

Recent Article from Fox News Website:  October 4, 2011

Washington-To the dismay of consumer groups and the discomfort of Democrats, President Obama wants Congress to make it easier for private debt collectors to call the cellphones of consumers delinquent on student loans and other billions owed the federal government. 

The change “is expected to provide substantial increases in collections, particularly as an increasing share of households no longer have landlines and rely instead on cellphones,” the administration wrote recently. The little-noticed recommendation would apply only to cases in which money is owed the government, and is tucked into the mammoth $3 trillion deficit-reduction plan the president submitted to Congress. 

Despite the claim, the administration has not yet developed an estimate of how much the government would collect, and critics reject the logic behind the recommendation. 

“Enabling robo-calls (to cellphones) is just going to lead to more harassment and abuse, and it’s not going to help the government collect more money,” said Lauren Saunders of the Boston-based National Consumer Law Center. “People aren’t paying their student loans because they can’t find a job.” 

Whatever the impact on the budget deficit, the proposal has aligned the White House with the private debt collection industry — frequently the subject of consumer complaints — at a time when the economy is weak, unemployment is high and Obama is embarking on his campaign for re-election. 

Democrats in Congress who frequently support the president, including Senate Majority Leader Harry Reid of Nevada and House Democratic leader Nancy Pelosi of California, declined through aides to say whether they favor or oppose the plan. 

Nor was there any reaction from two other members of the party’s leadership in the Senate, Sens. Dick Durbin of Illinois and Chuck Schumer of New York. Both men frequently take the side of consumers in legislative struggles. 

Several aides, speaking on condition of anonymity so they could talk freely, said Democrats do not want to oppose the president but are unable to support the request. 

Mark Schiffman, a spokesman for ACA International, an industry trade association, said the administration “basically has come to the same solution we have” at a time when an increasing number of Americans have no landline phone to receive calls. 

The change “is something we have been advocating for,” he said, although he added his organization did not have direct discussions with administration officials in advance. 

Schiffman noted that debt collectors have long been allowed to make robo-calls to landline phones. He said automatic dialing is a more efficient way to contact consumers who are overdue in their payments, and the industry wants it allowed in all cases, not solely those involving debts owed to the government, as Obama has proposed. Legislation along those lines was introduced in the House last week. 

Federal law currently permits private debt collectors to use automatic dialing in trying to contact consumers on their landline phones. They also are permitted to make individually-dialed calls to some cellphones. 

The request comes at a time when the government is looking for ways to collect tens of billions of dollars. 

According to a report by the Treasury Department’s Financial Management Service, the Education and the Health and Human Services departments as well as FMS itself referred debts totaling $35.9 billion to private debt collectors in the 2010 fiscal year. 

The Education Department accounted for the largest share by far — $28.8 billion referred to 22 private debt collection companies. The firms collected $685 million outright, and another $1.7 billion was recast into agreements that are designed to be paid monthly, according to the report. 

Education Department officials did not respond to several requests to speak on the record about the proposal. 

According to written responses the department provided to questions, it hires private collection agencies in part so the government can gain “the benefits of greater collections” through the use of new technology that is developed by private industry. 

Collection agencies can receive a fee of as much as 17.5 percent of the amount they recover. 

A different federal agency, the Federal Trade Commission, collects extensive records about the private debt collection industry in general. 

“The FTC receives more complaints about the debt collection industry than any other specific industry,” according to an annual report to Congress, more than 100,000 in 2010. 

The complaints fall into several categories, citing alleged harassment, demands for impermissibly large payments, failure to provide required consumer notice and threatening dire consequences such as jail time.

Read more:

N.C.Foreclosures up 7% for 2010

By admin, 7 March, 2011, 1 Comment

According to an article published in the New and Observer, Foreclosure filing in North Carolin increased 7 percent in 2010. This is believed to be in direct connection with the fallout from the economic downturn and turmoil in the housing market. There were 67,854 filing in the state over the last 12 months, according to the NC Administrative Office of the Courts’ year-end report. In the Triangle, filings declined slightly in Johnston and Durham counties and increased 8 percent in Wake County.  There were 5,584 filings in Wake; 1,172 in Durham; and 1,271 in Johnston.  North Carolin a is now offering homeowners a federally funded program to help avoid foreclosure.  The program allows eligible homeowners to receive up to $24,000 or 24 months of mortgage payments while they seek other employment or participate in job training programs. It’s a zero-interest loan that is forgiven over 10 years if the owner stays in the home.  You can find out more on the program by calling 888-623-8631 or go to the website

Student Loan Discharged

By admin, 12 October, 2010, 1 Comment

The US Supreme Court on March 23, 2010 ruled unanimously in United Student Aid Funds Inc. v. Espinosa that a bankruptcy court can discharge a student loan debt even if the student has not filed a claim of “undue hardship” under 11 USC § 523.  the ruling affirms a decision from the US Court of Appeals for the Ninth Circuit which held that student loans can be discharged within a Chapter 13 plan if the creditor receives notice of the plan and fails to object.  Writing for the court, Justice Clarence Thomas said:  “Where, as here, a party is notified of a plan’s contents and fails to object to confirmation of the plan before the time for appeal expires, that party has been afforded a full and fair opportunity to litigate, and the party’s failure to avail itself of that opportunity will not justify…relief.  We thus agree with the Court of Appeals that the Bankruptcy Court’s confirmation order is not void.”    See for the full article. 

Attached is the Student Loan Discharge Application for Disabled people.        student discharge app

U.S. Homes Lost to Foreclosure Up 25 Percent

By admin, 16 September, 2010, 2 Comments

“The increase in home repossessions came even as the number of properties entering the foreclosure process slowed for the seventh month in a row, foreclosure listing firm RealtyTrac Inc. said Thursday.”

Home Mortgage Modification Snags Spark Lawsuits

By admin, 15 September, 2010, 1 Comment

“They say they made their reduced monthly payments early and did everything else that was asked of them. But the didn’t get a permanent modification, and they say they don’t know why.”

Electronic Public Access in Federal Courts

By admin, 14 September, 2010, 1 Comment

Free Credit Report

By admin, 27 August, 2010, 2 Comments

To get a Free Credit Report

Mortgage Modifications

By admin, 27 August, 2010, 1 Comment

Mortgage Modifications