| Volume 47 Number 9 |
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The People’s Lawyer’s Tip of the Day
In Texas, there is no wage garnishment except for child support, student loans and certain taxes. A debt collector's threat to garnish your wages when he cannot do so, for example for a credit card debt, violates Texas and federal debt collection laws. Click here for more.
Fed Raises Discount Rate
The Federal Reserve raised the discount rate charged to banks for direct loans. The Fed made the move to encourage banks to rely on the money market for short term liquidity. What does the increase mean for you? Click here for more.
Toyota Makes Progress With Recalls
After recalling more than 8.5 million vehicles, Toyota has already made significant progress in correcting the problems. According to Toyota, modifications were made to assembly line vehicles to accommodate the sticking pedal and braking problems. However, millions of consumers are still waiting to have their personal vehicles fixed. Are you interested in a Toyota? Is now the time to buy? Click here for more.
FAQ: Class Actions
What is a class action? Are you included? How can you find out if a class action has been filed for a product you bought? The People's Lawyer website has the answers! Click here for more.
Your Money
Divorce property settlement calculator. Click here for more.
For the Lawyers
Car dealer can't enforce arbitration clause. The South Carolina Supreme Court held that a car dealer couldn't enforce an arbitration clause after being sued by a customer who claimed that he had been the victim of a "bait and switch." The court noted, Partain argues that even if his claim is encompassed by language of the arbitration clause, the clause does not apply because the alleged actions of Upstate Auto constitute "illegal and outrageous acts" unforeseeable to a reasonable consumer in the context of normal business dealings. We agree. Click here for more.