Americans carry more than $2 trillion in consumer debt. 30 percent of consumers report having no extra cash. Most of America is living paycheck to paycheck, barely scraping by without a safety net. In good times, that’s bad. In bad times such as these, it’s a disaster waiting to happen. April is National Financial Literacy [...]
March 2009
Our friends over at the Alabama Consumer Law Blog recently released a free report titled, “How To Make Debt Collectors Pay For Leaving Illegal Voicemails.” I just received my copy, which discusses the three types of common illegal voicemails tha bill collectors leave on voicemail systems and answering machines. If you’re experiencing bill collector harassment, [...]
Nobody wants to file for bankruptcy, but sometimes it’s the best thing. Your finances are a mess, the rent is past due and the car is out of gas – so you do what you need to do. Let’s face it – you’re not proud of filing for bankruptcy. You want to pay back the [...]
American Express has announced a policy change regarding its Membership Rewards program. The policy change permits a cardholder that is in good standing at the time that his card is cancelled to redeem his Membership Rewards points for up to 90 days following the cancellation of his card. American Express did not define what the term good standing meant, [...]
The Bankruptcy Law Network’s Jed Berliner recently scored an impressive victory in the case of In re Panek, No. 03-46692 (Bankr.D.Mass. March 5, 2009). Attorney Berliner, on behalf of his client, Panek, sued Delta Management Associates, Inc. and others for violating the automatic stay and the Fair Debt Collections Practices Act for withdrawing money from [...]
No kidding. Our friends over at Bankruptcy Bill have posted their first single, “Bankruptcy Lover.” Check it out! Click here to listen to “Bankruptcy Lover.”