Credit

When Do I Cancel My Agreement For Non-Payment of Expert Witness Fees?

When Do I Cancel My Agreement For Non-Payment of Expert Witness Fees? It’s uncommon but there’s always the difficult credit damage expert client.  Not a client who bothers you excessively, but a client who can’t seem to find his or her checkbook.  Don’t get me wrong, I am the most flexible “vendor” in the world… Read more »

What If I Don’t Want to Take a Case as an Expert Witness?

What If I Don’t Want to Take a Case as an Expert Witness? Professional expert witnesses won’t publicly admit it, but they’re all hourly employees to some extent.  If they don’t work, they don’t get paid.  So the dilemma we face when we’re presented with potential “business” that we don’t really want is hard to… Read more »

Credit Damage Discovery, The Value of Dodd-Frank to Credit Expert Witnesses

Credit Damage Discovery, The Value of Dodd-Frank to Credit Expert Witnesses How many of you credit expert witnesses have struggled with the exercise of trying to find suitable documentation memorializing your client’s (or the adverse party’s) FICO scores?  Unless you have reports from the myFICO website or tri-merge credit reports provided for a mortgage loan… Read more »

Sony Sued in Class Action for Data Breach

On April 27, 2011 a man named Kristopher Johns filed a lawsuit in Federal court against Sony. The lawsuit, which seeks class action status, was filed in the US District Court in the Northern District of CA. The issue is the well publicized data breach where Sony’s PlayStation customer list and some of the information… Read more »

Thomas Reuters Acquires Round Table Group

Today I received the following email from Round Table Group, an expert witness consulting service. Dear Mr. Ulzheimer: More than 15 years ago, we established Round Table Group as an expert witness consulting service to connect the right industry experts, corporate executives and academics with litigators building their cases. Today, Round Table Group helps connect… Read more »

Credit Damage Lawsuits Come in All Shapes and Sizes

We’re almost 3 months into 2011 and we’re on pace to match the record volume of FDCPA and FCRA lawsuits from 2010. We ended the year with over 12,000 consumer credit protection lawsuits, with the majority being FDCPA and FCRA suits. Of course, there were also countless lawsuits of another nature that included a credit… Read more »

Subcommittee to Examine Role of Credit Scores

Washington, DC – Tomorrow, Rep. Luis Gutierrez (D-IL), Chairman of the Subcommittee on Financial Institutions and Consumer Credit, will hold a hearing to examine the role consumer credit scores and reports play in today’s economy. Credit scores and reports are ubiquitous in the current financial marketplace and are used for everything from credit card and… Read more »

Credit Score Recovery After Foreclosure or Short Sale

It has now become the million-dollar question despite the fact that only yesterday it was a 25 cent question because everyone already knew the answer. How long does it take for your credit scores to recover from a short sale or a foreclosure? Years, right? These incidents remain on your credit reports for 7 years… Read more »