Author: firmfinder

If you were involved in a crash while driving for Uber or Lyft, you probably have a lot of questions about your claim. Will the rideshare company’s insurance policy cover the damages? Will I have to pay anything out of pocket? What can I do to strengthen my case? Fortunately, both Uber and Lyft have insurance policies that cover their drivers when they are on the clock. There are, however, circumstances when this coverage does not apply. And even if you have a valid claim, you can expect the insurance adjuster to search for reasons to dispute liability. In this blog, we’ll explain a few steps Uber and Lyft drivers can take to increase their chances of filing a successful accident claim: 1. Get the Passenger’s Phone Number One of…

The California Homeowner Bill of Rights became law on January 1, 2013 to protect California homeowners from the wrongful foreclosure. This law was a direct response to the many homes that were wrongfully foreclosed upon while homeowners were processing a loan modification and/or short sale with the mortgage servicers. The laws are designed to guarantee basic fairness and transparency for homeowners in the foreclosure process. Key provisions include: Restriction on dual track foreclosure:Mortgage servicers are restricted from advancing the foreclosure process if the homeowner is working on securing a loan modification. When a homeowner completes an application for a loan modification, the foreclosure process is essentially paused until the complete application has been fully reviewed.Guaranteed single point of contact:Homeowners are guaranteed a single point of contact as they navigate the…

On January 10, 2014, the Consumer Financial Protection Bureau (CFPB) issued new mortgage servicing rules designed to protect borrowers when it comes to mortgage loans. The new rules require servicers to send period billing statements containing specific information, promptly credit mortgage payments, respond quickly to pay off requests, provide options to avoid forced-placed insurance, quickly resolve errors and respond to requests for information. These rules prohibit the servicer from rejecting partial payment. For instance, the servicer is required to place partial payment into a special account called a suspense account. Once the suspense account has sufficient funds to make a full payment the servicer must credit the account. The partial payment must be included in the monthly mortgage statement. The new rules also require servicers to send notice at least…