Allmand Law Firm, PLLC is pleased to announce that Lindsay Allmand has received Paralegal Board Certification by the Texas Board of Legal Specialization, with a focus in Consumer Bankruptcy. Together with her husband, Reed Allmand, who is a Board Certified Attorney in Consumer Bankruptcy, Lindsay provides high quality legal services to Texans struggling with debt. [...]
According to an article published by CNN money, plummeting oil prices may be related to problems with housing markets in Texas, Oklahoma, and North Dakota. While the national rate of foreclosure filings has dropped to a nine-year low, states heavily involved in the production of oil have not been as lucky. As oil prices have declines, foreclosure filings have [...]
Three years ago, Texas homeowners facing foreclosure were given a glimmer of hope in the form of a $25 billion national settlement from five lenders who were accused of wrongfully forcing people out of their homes: Citi, Bank of America, JP Morgan Chase, Wells Fargo, and Ally. This money was earmarked to provide relief for [...]
Student loan debts have only ever been dischargeable by bankruptcy under the most dire of circumstances, but student loan write-offs may soon be easier to accomplish if the Obama administration’s proposal is approved. The Department of Education recently released a report identifying solutions they believe will benefit people who are struggling to repay their loans. [...]
Here at Allmand Law we understand that charitable giving and volunteerism is an integral part of our commitment to serving our communities. The team here at Allmand Law is proud to announce our support for Cell Phones for Soldiers, a non-profit organization dedicated to providing cost-free communication services to active duty military members and veterans. [...]
The attorney general of Minnesota, Lori Swanson, along with many consumer advocates, are accusing Discover Bank of engaging in deceptive business practices to enroll credit card consumers for its payment protection program and other financial add-on products. "The company charged some consumers for expensive add-on financial products without their understanding that their credit cards would [...]
The Public Utility Commission just approved a rule that would allow electricity providers to prevent a consumer from switching companies if they fail to pay their bill. The new rule will only apply to consumers who are on a payment plan for their electricity bill. However, people who are struggling with debt and considering bankruptcy [...]
The U.S. Department of the Treasury has announced that it will launch a new pilot program that will give unbanked and underbanked Americans access to safe, low-cost financial accounts. "Far too often, unbanked and underbanked Americans are forced to turn to high-cost alternative financial products - such as check-cashing and other services - that take [...]
Bank of America and Citibank have announced that they will stop automatically enrolling its checking account customers into costly debit card and ATM overdrafts. The move comes as the Federal Reserve begins to roll out new rules that prohibit banks from automatically enrolling customers into overdraft protection schemes without their prior permission. However, the rules [...]
The Federal Reserve has approved the final set of rules for the Credit Card Accountability Responsibility and Disclosure Act (CARD) of 2009. The new rules, which will limit credit card companies' ability to charge penalty fees, will go into effect August 22, 2010. Listed below is a summary of the rules and how they may [...]
