| Volume 125 Number 11 |
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The People’s Lawyer’s Tip of the Day
One way to protect yourself from identity theft is to put a security freeze on your credit. This will stop identity thieves, but it will also make it harder for your account to be accessed when you need credit. Click here for more.
Verizon to Buy Yahoo for $4.8 Billion
Yahoo will soon be under the same umbrella as former rival AOL, with Verizon agreeing to acquire the online operation for $4.8 billion. The Verizon deal will include all of Yahoo’s online properties. However, Verizon will not acquire Yahoo's 15% ownership stake in Chinese online retail giant Alibaba and its shares of Yahoo Japan. This also ends Yahoo CEO Marissa Mayer's four year long effort to revitalize the online company. Click here for more.
Your Money
Had a bad experience traveling by air recently? Write a review. TripAdvisor released a new service last week that allows passengers to review their latest flight experiences. The site already has thousands of reviews on hundreds of airlines across the world. TripAdvisor states that this new service will allow consumers to rate flights and also provide feedback for other travelers. Click here for more.
For the Lawyers
Filing proof of claim on time-barred debt does not violate Fair Debt Collection Practices Act. The Eighth Circuit declined to extend the FDCPA to time-barred proofs of claim, concluding that an accurate and complete proof of claim on a time-barred debt is not false, deceptive, misleading, unfair, or unconscionable under the FDCPA. The court explained that the bankruptcy code provides for a claims resolution process and these protections against harassment and deception satisfy the relevant concerns of the FDCPA. Nelson v. Midland Credit Mgmt. Click here for more.