| Volume 39 Number 12 |
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The People’s Lawyer’s Tip of the Day
Overdraft protection is a great way to save money when you make a mistake and overdraw your account. But be careful, some overdraft plans can cost you as much as the bounced check fees. Talk with your bank about a plan with a low fee tied to another account or imposing reasonable interest on the balance until it is paid. Click here for more.
Countrywide Customers Eligible for Restitution
Countrywide Texas consumers who received loans between Jan. 1, 2004 and Dec. 31, 2007 and faced foreclosure are now eligible to receive restitution. According to the Texas Attorney General, $7.46 million in restitution will soon be available to Texas consumers. Find out how to claim your portion of the restitution. Click here for more.
Consumer Confidence Up, Consumer Spending is Not
According to recent reports, consumer confidence is up from record lows despite a dip in July. However, despite the promising statistics, consumers are still keeping their wallets closed. Does an overall increase in consumer confidence help a struggling economy? Click here for more.
Cash for Clunkers: EPA Suddenly Changes Fuel Economy Standard
If your vehicle qualified for the "Cash for Clunkers" program last week, it may no longer qualify this week. The EPA abruptly changed MPG figures used to determine eligibility for the program. As a result, some dealers are backing out of sales they've already made. Why the sudden change? Does your vehicle still qualify? Click here for more.
Your Money
Planning on withdrawing early from your retirement account? Calculate the impact! Click here for more.
For the Lawyers
Arbitration waived by invoking judicial process. The judicial process is substantially invoked when the party seeking arbitration has taken specific and deliberate actions, after the filing of the suit, that are inconsistent with the right to arbitrate or has actively tried, but failed to achieve a satisfactory result through litigation before turning to arbitration. Click here for more.