Treinen Law Office, PC

Many homeowners are questioning whether it is prudent to take advantage of the forbearance plans currently offered by mortgage servicers.  They are concerned that the forbearance plans may leave them worse off since most are for three months with a lump sum payment for the three months in arrears, plus the fourth month, due on […]

On April 6, 2020, the New Mexico Court of Appeals held that reprehensible conduct by a bank – namely, Wells Fargo – justified significant punitive damages against it.  Wells Fargo sold the homeowner an accidental death policy that was supposed to pay off his mortgage if he met an untimely death.  When the homeowner died, […]

On April 6, 2020, the New Mexico Supreme Court affirmed that one-sided arbitration schemes will not be enforced in New Mexico.  Treinen Law Office was involved as one of the attorneys for the New Mexico Trial Lawyers Association and the American Association for Justice (“AAJ”).  These groups pointed out to the Court why unfair arbitration […]

The CARES Act was supposed to get money directly to Americans quickly. Folks need it. They are out of work through no fault of their own. Unlike many other states, New Mexico has not acted to protect stimulus checks from unfair garnishment. Since so many New Mexicans have nothing to fall back on, this failure […]

Many mortgages are held by Fannie Mae.  Although you make your payments to another company – called the mortgage servicer – Fannie Mae, which is a quasi-governmental entity, holds the mortgage.  In response to the CARES Act, Fannie Mae has issued instructions to the servicers of its mortgages. Treinen Law Office PC is happy to […]

The COVID-19 pandemic has caused business shutdowns.  It has caused reduced income for many Americans.  Stay-at-home orders have cleared traffic from roads across the country.  Eleven of the largest auto insurance companies say they will give back a portion of premiums to policyholders because they have fewer accidents to cover.  Other companies will likely follow. […]

In these difficult COVID-19 times, many are out of work or working fewer hours through no fault of their own.  Promised stimulus checks have been held up or will come too late.  Things are tight.  New Mexico has put in place protections for renters and consumers. Sheriffs have been directed to NOT serve eviction orders.  […]

Be wary of COVID-19 scams.  They are out there.  Many of the scams involve calls related to the stimulus checks issued by the federal government.  Scammers may try to get your confidential personal information or confidential banking information.  This information can be used to steal your identity, sell your confidential personal information on the dark […]

Under the CARES Act, banks and mortgage servicers must provide COVID-19 relief plans that allow homeowners to skip up to six months of payments.  The Consumer Finance Protection Bureau, a federal agency charged with enforcing consumer rights, recently clarified that banks and mortgage servicers must report any mortgage that is in a COVID-19 Relief Plan […]

If you have a federal student loan, you can stop paying it at no penalty until September 2020.  If you are unsure whether the loan you have is a federal student loan, rather than a private student loan from a bank, please call us.  Sometimes it is hard to tell.  We are happy to help […]