Everyone has a credit card, but how good are you at avoiding the pitfalls that accompany nearly every credit card? Follow these eleven traps that can hit any credit card holder: 0% Teaser rates Yes, it’s 0% for six months. But if you don’t pay the balance off in full by the end of the [...]
September 2009
Now you are up to your eyeballs in debt. Your cards are maxed out, the interest rates are high, and the only new credit you can get is tiny and expensive. It’s time to get scammed with sleazy “debt relief” or “credit counseling” services. While there are some reputable companies in the debt relief industry, [...]
Following up on an investigation of Connecticut Marshals who serve foreclosure papers on homeowners, Attorney General Richard Blumenthal found that certain practices regarding billing of fees were prohibited by Connecticut law.  Blumenthal found that state statutes limit marshals’ fees for serving foreclosure papers to $30 and prohibits them from charging a separate and additional fee [...]
Times have changed in the last ten years. Traveler check fraud is abundant and as a result, businesses are refusing to accept traveler’s checks in the United States. What does this trend mean for our society that businesses prefer that their customers use plastic as opposed to a classic substitute–the traveler check?
Bankruptcy might be something to consider, even if you don’t own any property. But people are often surprised to learn that even if they don’t file, their property may be protected (exempt) under their state’s exemption laws.  Debtors have to be careful to follow the rules required to protect themselves from their creditors and [...]
Interpreters are available in 196 languages for debtors at the meeting of creditors in bankruptcy cases. The U.S. Trustee is providing the interpreter services free of charge by telephone to assist debtors with who do not understand or speak English. If you want to use an interpreter at the meeting of creditors, also called 341 [...]
