| Volume 2 Number 5 |
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The People’s Lawyer’s Tip of the Day
Shakespeare said, "Neither a borrower, nor a lender be." He could have added, or a co-signer, surety or guarantor. Whenever you co-sign for someone, you must pay if they do not. If they stop paying or file bankruptcy, you must pay. Don't ever co-sign for someone unless you will be able to pay.
Federal Student Aid Ombudsman
The Federal Student Aid Ombudsman of the Department of Education helps resolve disputes and solve other problems with federal student loans. Click here for more.
Who's Driving Up Insurance Costs?
State Farm said reinsurance costs are forcing it to seek sharply higher premiums from coastal policyholders, but at least one lawmaker wonders if those costs really are beyond the insurer¿s control. Click here for more.
Five Homeownership Tax Myths
Owning a home tops the dream list for most Americans, and for plenty of good reasons. It's a shelter for your family, a gathering place for your friends and a good long-term investment. Tax breaks are also frequently cited as motivation for moving from renting to owning, and there are many ways a home can cut your tax bill.But, as is often the case with the U.S. tax code, homeownership tax benefits are not always clear-cut. That frequently leads to some bad information floating around. Click here for more.
Your Money
What expenses do I face prior to attending college? Click here for more.
For the Lawyers
$100M punitive award vacated in 'light' cigarette case. The Oregon Court of Appeals has overturned a $100 million punitive award in a light cigarette case, finding that the jury improperly was allowed to consider the harm caused by the defendant in other states. Click here for more.