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Their cases mainly consist of unfair practices in cash, vehicle and mobile home loans. Richard Feferman won the 2014 Countryman award for legal services or special contributions to the practice of consumer law that have strengthened and affirmed the rights of low-income people in the United States.
Were just trying to get money for big banks personal loans clients. he said. He hopes businesses in this area reform their practices. Milking the Cash Cow or customers. In the 16-page, class-action, lawsuit against Cash Cow, Feferman cites a number of alleged wrong-doings that he said violates both the Truth in Lending Act and the New Mexico Unfair Practices Act, including misstating the nature of the loan, the interest rate of the loan, the schedule of payments, and the security interest.