| Volume 141 Number 81 |
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The People’s Lawyer’s Tip of the Day
The Telephone Consumer Protection Law protects you from unwanted faxes, but it also protects you from political calls and texts to your cell phone. Under the law, robo-calls and texts to a cell phone are prohibited. Click here for more.
A new bill would give federal workers financial relief and protection during the shutdown
The U.S. government’s shutdown has created havoc with travel and even raised concerns about IRS refund checks going out. One of the biggest concerns was the livelihood of 800,000 U.S. federal workers caught in the middle. Luckily, those workers found a pair of angels on Wednesday. Representative Derek Kilmer (D-Washington) and Senator Brian Schatz (D-Hawaii) spearheaded a group of 22 Democratic lawmakers setting in motion the Federal Employee Civil Relief Act (S.72 and HR.67). Click here for more.
Your Money
Whether you have a stock portfolio or just a large credit card balance, you may be in for some good news. From all indications, the Federal Reserve is backing off from its policy of regular increases in a key interest rate. Click here for more.
For the Lawyers
Court holds state contract statute of limitations applies to TILA rescission claims. The U.S. Court of Appeals for the Ninth Circuit held that Washington’s six-year statute of limitations governing contracts instead of the Truth in Lending Act’s one-year statute of limitations applies to claims to enforce rescission under TILA, after a notice of right to cancel was timely submitted. The court also held that the trial court should have given the borrowers leave to amend the complaint because the borrower’s rescission claim under TILA was not time barred, and amending the complaint would not be futile. Hoang v. Bank of America Click here for more.