The People's Lawyer Consumer News Alert
Center for Consumer Law
  Volume 4 Number 2

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The People’s Lawyer’s Tip of the Day

If you can't get a good interest rate, consider increasing the amount of your monthly payment. For a $15,000 loan at 21 percent interest, payable at $405.80 for 60 months, the interest charge you pay over the term of the loan is $9,348.02. Your total repayment amount is $24,348.02. By adding just $50 a month, you shorten your payoff term to 50 months and save $1,814.22 in interest.  


Can You Tell Which Pills are Fake?

At a time when more people are looking to save money on prescription drugs, their exposure to counterfeit drugs is rising. Phony medicines are increasingly making it across U.S. borders, often via Internet sales, and creating a threat to consumer safety.  Click here for more.


Five Scams Consumers Need to Know About

The National Consumers League says more consumers than ever are reporting that they have been victims of consumer fraud. On average, a consumer fraud victim today loses between $2,000 and $3,000. Most scams are recycled over and over again with new twists, so if you can learn to recognize a few classic cons, you can fight back against the crooks.  Click here for more.


A 10-Year Checkup

How does the Internet perform when a person suddenly needs reliable health information to apply to a real human life? Research shows that as many as 80 percent of Internet users have searched for personal health information online, so this is not an idle question.  Click here for more.


Your Money

What is my take-home pay if I also earn tip income?  Click here for more.


For the Lawyers

Unemployed debtors may want to stay unemployed during their bankruptcy. The 5th Circuit has held that a bankruptcy court can consider post-petition events -- particularly a debtor's changed employment status -- when deciding whether to dismiss a Chapter 7 petition. Click here for more.

 

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