| Volume 141 Number 19 |
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The People’s Lawyer’s Tip of the Day
Shopping for a car can be exciting. But wading through ads and promotions from car dealers, and deciding how to pay, can make it stressful. Click here for more.
Brookstone files for bankruptcy
Brookstone filed for Chapter 11 bankruptcy in federal court today, marking the company’s second bankruptcy filing in four years. The company is in the process of looking for a buyer, and though its 101 mall stores will close their doors, the company plans on keeping its 35 airport stores and its website open for business. It has secured a $30 million loan to continue operations during the sale. Click here for more.
Your Money
Hungry for an upgrade but not keen on springing for a new car? Three-year-old cars are the Goldilocks of the used-auto market. They’re new enough that drivers can get contemporary features, safety systems, and updated styling, and expect the vehicles to run well for many more miles. Yet they’re old enough that previous owners have borne the brunt of most of the depreciation. Check out these smart picks among 3-year-old models. Click here for more.
For the Lawyers
Attorney collecting HOA fees is a debt collector attempting to collect payment of a debt—irrespective of whether it also sought to perfect the HOA’s security interest and preserve its right to record a lien in the future—it is subject to the full scope of the FDCPA. In a well reasoned opinion, the Ninth Circuit discusses HOA fees and the FDCPA, finding the FDCPA applies and the notice sent to the consumer violated the act. Mashiri v. Epstein Grinnell & Howell, 845 F.3d 984 (9th Cir 2017) Click here for more.