Debt collectors can be a persistent and even frightening. Calls all day, confusing and threatening letters, and fear of legal action by creditors. Did you know that federal law regulates the practices of debt collectors? At least one U.S. senator doesn?t think it goes far enough and wants to expand protections for consumers.
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Identity theft is a serious crime and it?s on the rise. It occurs when your personal information is stolen and used without your knowledge to commit fraud or other crimes. You can?t guarantee your identity will never be stolen, but you can minimize your risk by safeguarding your personal information and paying attention to possible signs of identity theft.
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In the midst of bankruptcy proceedings, American Airlines has asked permission to stop paying retiree health insurance and life insurance benefits. The airline hopes to save over $1.3 billion annually while slashing benefits for 40,000 retirees.
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Former MLB player Lenny Dykstra agreed to a plea deal on federal bankruptcy fraud charges, following accusations he sold or removed up to $400,000 worth of memorabilia and household goods from his home and office during bankruptcy proceedings.
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The Lawyers.com bankruptcy law forums should be one of your first stops if you?re dealing with a money-related legal issue. Covering topics including consumer bankruptcy, credit problems and debt collection, these forums are the place to ask questions and get answers before you hire a bankruptcy lawyer.
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Source: http://blogs.lawyers.com/2012/08/read-the-latest-issue-of-your-money-the-law-newsletter-4/
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