Entries by Hays Lawson

Buy Here—Pay Here: The Carnival Game of Buying a Used Vehicle

            Buy here—pay here “’is not the car business. This is the finance business,’ said Ken Shilson, an accountant who founded the National Alliance of Buy Here Pay Here Dealers in Houston. ‘Not everybody has the stomach for it.’” These words are true. And they should sound a warning bell. Private equity firms are investing […]

Is Service Financial Co. Suing You?

                If you have been sued by Service Financial Co. do not despair. There is hope and light at the end of the tunnel. I have a powerful flashlight, and I know the way through.             In order to succeed in its lawsuit against you, Service Financial must prove that, after repossessing your vehicle, it […]

Have you been Sued by Mariner Finance, LLC?

If you’re here, it’s mostly likely because Mariner Finance sued you. We may be able to help. We’ll evaluate your case at no cost to you. Specifically, we will look for counterclaims you may have against Mariner Finance for violations of the Kentucky Consumer Protection Act (“KCPA”), the Federal Truth in Lending Act (“TILA”), and […]

An Unconstitutional Statute that Refuses to Die

In Kentucky, husbands are legally responsible for their wives’ medical debts, but not the other way around. Please help me change that.             KRS 404.040 provides: The husband shall not be liable for any debt or responsibility of the wife contracted or incurred before or after marriage, except to the amount or value of the […]

Kentucky Garnishment Laws are Unfair and Outdated

Kentucky Garnishment Laws are Unfair and Outdated. Workers Deserve Better Protection In Kentucky, the only protection for debtors from garnishments is the minimum required by federal law, which limits the amount garnished to 25% of the debtor’s disposable income. There is no protection for bank accounts, including wages deposited in bank accounts. Kentucky gets an […]

Bankruptcy Filing Rate Triples for Senior Citizens

The rate at which Americans age 65 and older are filing for bankruptcy has more than tripled since 1991 according to a new study: “Graying of U.S. Bankruptcy: Fallout from Life in a Risk Society.” The study finds that between 2013 and 2016, the average rate at which 65- to 74-year-old Americans filed for bankruptcy increased to […]

Lexington Judge Says NO to UK HealthCare using the KY Dept. of Revenue as its Debt Collector

Since 2006, the UK HealthCare has been using the Kentucky Department of Revenue as its collection arm. This cozy relationship empowered UK HealthCare to garnish bank accounts, wages, and tax refunds without any judicial oversight. This essentially practice essentially strips the consumer of all due process rights. In addition to the recovery of debts, the […]

Garnishment and Bankruptcy

In Kentucky, filing for bankruptcy is the surest, and often, the only way to stop a wage or bank garnishment. Kentucky offers no protection for consumers being garnished. The only limitation on a creditor’s ability to garnish your wages is the 25% cap mandated by federal law. Unlike other states, Kentucky provides no additional checks […]

Who is PSI Louisville, Inc.?

PSI Louisville, Inc. is a true zombie debt collector. PSI died on October 1, 2016 but continues to appear on consumer credit reports. PSI filed for Chapter 7 Bankruptcy relief on May 15, 2015 in Case No. 15-31649-jal. The Bankruptcy Court entered a final order and decree in the case on November 18, 2015, which […]

Don’t Let ID Thieves Steal your Tax Refund

According to a report from CNBC, tax-refund theft is expected to “hit a whopping $21 billion.” ID thieves could steal your refund. Cyberscout postulates that “[w]ith more than a billion personal records “out there,” identity theft has become the third certainty in life, right behind death [and taxes].” Tax-refund theft could hit the poor and the […]