| Volume 67 Number 6 |
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The People’s Lawyer’s Tip of the Day
The People's Law School is coming to Lone Star College in Cypress, TX on Thursday, October 20, 2011. Do you have a question about a will, debt collection problem, or a dispute with your landlord? Register to attend now! Click here for more.
Financial Freedom: Become Debt Free
Are you struggling to manage your debt? Take control! Fortune Magazine has compiled some stories of how others took control of their financial future by conquering their debt. Can their stories help you? Click here for more.
Report: iPad 3 in the Pipeline
Now that Apple has announced and released its latest iPhone, consumers are turning their attention to the next installment of the iPad. According to market analyst Jeff Fidacaro, the iPad 3 is already in the works. In fact, supply chain checks allow him to predict up to one million iPad 3 builds in the fourth quarter of 2011. In order to compete with the new Amazon Kindle Fire, many industry analysts are expecting Apple to offer a smaller, budget version of the iPad. What else does Apple have in store for its consumers? Click here for more.
Class I Recall: Contact Lenses
You're probably already asking yourself - what is a Class I recall? According to the FDA, a Class I recall is the most serious of all recalls, with a reasonable chance of serious adverse health consequences or death. CooperVision Inc. is the subject of a Class I recall after a silicone oil residue left behind on its contact lenses during manufacturing. Consumers wearing the affected lenses have reported hazy vision, discomfort, severe pain and eye injuries. Do you wear Avaira Toric lenses? Are your contact lenses included in the CooperVision recall? Click here for more.
Your Money
How much retirement income can your IRA provide? Click here for more.
For the Lawyers
Judgment creditor’s lien on homestead unenforceable. The Fifth Circuit held that a judgment creditor did not have an enforceable lien against the proceeds of the sale of a debtor’s home in excess of the $125,000 homestead exemption claimed in the debtor’s bankruptcy case. The court recognized that the Bankruptcy Act exempts only $125,000 of a homestead exemption, but the court concluded that the enforceability of the plaintiff’s lien was a matter of applicable Texas law. Under Texas law, a lien is unenforceable against homestead property. The court said that the “bankruptcy laws that place a cap on the value of a homestead did not convert [the plaintiff’s] lien on the homestead from one that was unenforceable pre-petition to one that was enforceable as to the homestead post-petition.” Click here for more.