Treinen Law Office, PC

On May 5, 2021, a federal judge struck down the national eviction moratorium.  This action leaves millions of Americans in jeopardy of losing housing just as COVID-19 restrictions are lifted and Americans begin looking for new jobs and navigating a return to school for their children. However, in New Mexico, all is not lost.  There […]

A new Consumer Financial Protection (“CFPB”) Interim Final Rule increases information for tenants about COVID-related protection from eviction, and clarifies that consumers have federal remedies against debt collectors involved in the eviction that fail to provide or misrepresent that information. The interim final rule prohibits debt collectors from filing an eviction for non-payment of rent […]

As discussed in more detail in other blogs posted on the Treinen Law Office website, the federal government, the New Mexico state government and some creditors continue to offer consumers protections in response to the COVID-19 pandemic.  These protections include relief plans such as forbearance or loan modifications, as well as eviction and foreclosure moratoriums.  […]

As discussed in other blogs posted on the Treinen Law Office website, the federal government, New Mexico state government and some creditors have offered consumers protections in response to the COVID-19 pandemic.  These protections include relief plans such as forbearance or loan modifications, as well as eviction and foreclosure moratoriums.  These protections often also include […]

Here are links to the critical programs so that you can learn more and get the help you need (Please share these links with your family, friends, and colleagues): · Small Business CARES Relief Grants (Application Open 12/7-12/18) · NM Economic Development Department Webinar on the Small Business CARES Relief Grants.   New Mexico Worker Pandemic […]

Consumer Litigation Associates have created a website, http://www.consumer.law, to provide a central source of information for consumers facing financial challenges during the COVID-19 crisis.  This website includes lists of hardship programs for mortgage, auto, credit card and student loan lenders.  If you need financial help due to COVID-19 hardship, this website is a great resource.

On June 19, 2020, the Consumer Financial Protection Bureau (”CFPB”) put mortgage servicers  on notice, urging them to comply with credit reporting obligations amid record numbers of consumer complaints.  The CFPB saw its highest-ever complaint volumes in April and May 2020, due to COVID-19-related complaints.  Complaints about mortgages were most common among the COVID-19-related complaints. […]

COVID-19 has caused not just a health crisis.  For many New Mexico families, it has also caused an economic crisis. Most mortgage servicers are allowing homeowners to defer payments for three months.  Most are also requiring full payment for the deferred three months, plus the fourth month payment, on month four.  This solution is no […]

  On June 5, 2020, the New Mexico Supreme Court ordered that all garnishments in collection lawsuits against consumers were stayed until further notice because of COVID-19.  This Order protects stimulus checks from garnishment.  Garnishments related to child support or spousal support are not stayed.  A copy of the Order and the Press Release are […]

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 […]