The People's Lawyer Consumer News Alert | |||
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The People’s Lawyer’s Tip of the DayMost negative information stays on your credit report for seven years, a bankruptcy for ten. The time is not extended, however, when the debt is sold or assigned to a new person such as a debt collector. If a debt collector tries to "re-age" a debt, tell the credit bureau and demand they correct the incorrect information. Click here for more. Reverse Mortgages - What You Need to KnowIf you're over 62 and looking for extra money, you may be considering a reverse mortgage. A reverse mortgage allows you to convert equity in your home into cash without having to sell. Find out everything you need to know before you decide on a reverse mortgage. Click here for more. FDA and CDC Warn of Salmonella in Alfalfa SproutsConsumers should avoid eating raw alfalfa sprouts until further notice. According to the FDA and CDC, spouts have been linked to cases of salmonella across the United States. Click here for more. Red2Blu - Trade Your HD-DVD for Blu-rayIf you're one of the many consumers that made the gamble on HD-DVD (and lost), you can now trade a Warner Brothers HD-DVD for the equivalent Blu-ray. Find out how! Click here for more. Swine Flu ResourcesWant to stay up-to-date on all the swine flu news? This link provides you everything you need to know. Click here for more. Poll Results - Mandatory Binding ArbitrationA recent poll shows Americans oppose mandatory arbitration. Click here for more. Your MoneyCheck out this car loan rate comparison calculator. Click here for more. For the LawyersArbitration was waived. A Texas appellate court has held that a party who substantially invoked the judicial process, prejudiced the other party by pursuing an aggressive litigation strategy and abruptly switched to an arbitration strategy to seek an advantage, waived any right to arbitration provided by the agreement at issue. Click here for more. |
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