| Volume 55 Number 4 |
Subscribe to the Newsletter
Forward this news alert to your family and friends
Helpful Links
Texas Consumer Complaint Center
Credit Reports and Identity Theft
Your Guide to Small Claims Court
Contact Us
1-713-743-2168
The People’s Lawyer’s Tip of the Day
You may not want to switch to a "business" credit card. Many of you have recently received offers for a new "business" credit card. The new offer may have some advantages, but it has one big disadvantage - business cards are not subject to all of the new credit card laws that protect consumers. My opinion is if you are happy with your current credit card, don't switch. Click here for more.
Facebook Addresses Privacy Concerns
Facebook is a hot topic these days. The Social Network, a movie that details the creation of Facebook, is the top movie at the box office. With 500 million active users, it should come as no surprise that Facebook must constantly deal with privacy concerns. Consumers want control. Facebook, of course, wants to make as much information available as possible. In the latest round of concessions, Facebook announced several changes this week, including one that grants users the ability to create "groups" of friends. How can you use the latest privacy controls? Click here for more.
Foreclosure Halt Gains Momentum
After loan servicers nationwide failed to verify legal documents in thousands of legal cases, more banks are feeling the pressure to halt foreclosures. Texas Attorney General Greg Abbott announced his office has sent "suspension notices" to thirty loan servicers in the state. Attorney General Abbott wants the foreclosures to stop until a procedural review has been completed. Will the banks cooperate? Click here for more.
Recall: 191,000 Units of Lipitor
Pfizer will recall 191,000 bottles of top-selling cholesterol medication Lipitor after consumers reported a "musty" odor coming from the bottles. Although there are no definitive reports of adverse reactions, Pfizer ultimately decided a precautionary recall was for the best. Of course, that does not mean your medication is safe. As with any recall, exchange the product for a safe alternative. To find out more about the Lipitor recall, Click here for more.
Your Money
How much will your savings be worth? Click here for more.
For the Lawyers
Debtor and Bankruptcy Trustee can’t collect FMLA award. The Fifth Circuit held that a bankruptcy trustee could not collect a $1 million employment award that the debtor failed to disclose as an asset. The court noted, “Considering all of the costs and consequences that Lubke's (the debtor) inconsistent positions have engendered, we conclude that equity does not support further continuation of this litigation and that both Lubke and Reed (the trustee) must be judicially estopped from pursuing it.” Click here for more.