| Volume 39 Number 2 |
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The People’s Lawyer’s Tip of the Day
The Texas Deceptive Trade Practices Act requires full disclosure by sellers. If a seller intentionally withholds material information, he could be responsible for three times the consumer's damages, plus court costs and attorney's fees. Click here for more.
Public v. Private - The Health Care Debate
As the government prepares to examine health care reform, and the possibility of a public option, small business owners find themselves at the center of the debate. While some are uneasy with any government option, others are frustrated with few and expensive private options. Is government run health care a bad thing? Click here for more.
US Unemployment Hits 9.5%
Economic recovery continues to elude the job market. Last month, unemployment hit a 26-year high at 9.5%. This time, job cuts spanned construction to professional. However, education and health care services actually added positions. Generally, with rising unemployment comes a decrease in consumer confidence, resulting in further strains on the economy. Has the worst already passed? Click here for more.
New Student Loan Changes
Starting July 1, new student loan laws allow repayment to be based on how much the student can afford, considering family size and salary. Further, interest rates will continue to decrease to 3.4% by 2012, opening up new options to save through new loans and consolidation. Find out how you can save on your new and existing student loan payments, use a calculator to estimate new payment schedules, and find out how to take advantage of new loan forgiveness programs. Click here for more.
Your Money
The best way to save on health care costs. Click here for more.
For the Lawyers
Debtors can claim vehicle deduction in bankruptcy. The Fifth Circuit has held that debtors should have been allowed to claim a vehicle deduction in their bankruptcy case -- even though they had no loan or lease payments to make on their two cars. the 5th Circuit has ruled in reversing judgment. Click here for more.