The People's Lawyer Consumer News Alert
Center for Consumer Law
  Volume 37 Number 3

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The People’s Lawyer’s Tip of the Day

Never give someone "change" for a cashier's check. If someone offers to pay for something with a larger cashier's check and asks you for the difference in cash, it probably is a scam and the cashier's check is counterfeit. Remember, until a check is actually paid by the bank, it is nothing more than a worthless piece of paper.  Click here for more.


Debt Collection Tactics

As the economy continues to struggle, consumer loan defaults continue to climb. In order to coerce consumers to pay, some collectors are trying new techniques. After a man purchased a 2007 Mercedes and missed payments, a collection agency hired by J.P. Morgan Chase went as far as to leave a threatening comment on his daughter's MySpace page. Could this happen to someone in your family?  Click here for more.


Save Money Now

Don't let the economic recession get you down! Here are 11 ways to save money now!  Click here for more.


Big Banks - No More Bailouts

After the recent "stress test," banks in need of more capital are saying "no thanks" to additional bailout funding. According to the results, 10 banks need to raise a total of $74.6 billion in new common equity. How will they do it without additional federal aid? Click here for more.


Your Money

Do you have an emergency savings plan? If not, you may consider a plan for unforeseen unemployment, property damage, medical emergencies, and legal issues. This calculator can help you calculate for emergency savings. Click here for more.


For the Lawyers

Fact That Anyone Can Edit Entries Means Wikipedia Is Too Unreliable for Judicial Notice. A New Jersey appellate court has held that Wikipedia entries are not appropriate sources for judicial notice because they can be changed at any time, including by parties to litigation. Click here for more.

 

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