| Volume 56 Number 3 |
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The People’s Lawyer’s Tip of the Day
You probably carefully review your credit card bill each month for fraudulent charges, but do you review your phone bill? If you don't you could be paying for something you never requested and don't want. Many phone-related companies place charges on a phone bill for a service you didn't request and don't want. You must catch it and complain. Most phone service providers promptly remove the charge once you make it clear you never authorized it. Click here for more.
Government Endorses Foreclosures for Long-term Stability
A year ago, the government was taking steps to help people keep their homes. Foreclosures were increasing and consumers nationwide were demanding help. This week, government officials have started to change their tune. As the housing market continues to struggle, officials are worried the market will freeze and cause new bleeding throughout the entire economy. Officials are now pushing foreclosure as an essential element of clearing the housing market and recovering money from delinquent loans. Why are officials changing their tune? Click here for more.
Debt Buyers & Robo-Signing
For years, debt buyers have purchased consumer debt in mass. Through pure volume, debt buyers turn a massive profit by suing for and/or settling debt purchased for pennies on the dollar. Over the years, the debt buying industry has been accused of cutting corners, including the careless and insufficient verification of the records. In recent weeks, banks have been accused of the same negligence in order to rush foreclosures on delinquent mortgages. The public may have been surprised to find the banking industry used underhanded tactics to put people out of their homes, but most attorneys were not. How do recent foreclosure complaints compare to those from the debt collection industry? Click here for more.
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For the Lawyers
Texas law on asbestos successor liability unconstitutional. The Texas Supreme Court held that a Texas state law limiting corporations' successor liability for personal injury claims from asbestos exposure violates the state constitution as applied to a widow's suit alleging that her husband contracted mesothelioma from workplace exposure. Click here for more.