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The People’s Lawyer’s Tip of the DayMost negative information stays on your credit report for seven years, a bankruptcy for ten. The time is not extended, however, when the debt is sold or assigned to a new person such as a debt collector. If a debt collector tries to "re-age" a debt, tell the credit bureau and demand they correct the incorrect information. Special Deductions for Elderly and Blind FilersSome older taxpayers may be able to cut their tax bills with very little work. All they have to do is check a couple of boxes on their tax returns. The Internal Revenue Service has special, higher standard-deduction amounts for taxpayers age 65 or older. In addition, there is a similar break for the blind, regardless of age. Click here for more. Top Five Insurance Policies to AvoidFor most folks, insurance is an essential component of financial security. But for every type of insurance that you need, there's an insurance agent out there pushing a policy that does little more than line his own pockets. Here are five types of insurance you shouldn't buy. Click here for more. I Had a Car Accident-Now What?Although car accidents are more prevalent in the winter months, what you need to do after an accident never changes. Obviously it is hard to think clearly after a car accident so it is important to know before you get into an accident what to do first and what questions may need answered. This checklist will help you know what to do after a car accident. It is best to review it now and then print it out and keep a copy with you in your car. Click here for more. Class Action Filed Against Hewlett-Packard Co. Permitted To ProceedOn January 31, 2007, the Santa Clara Superior Court certified a consumer lawsuit to proceed as a class action against Hewlett-Packard Company. The lawsuit involves certain HP Pavilion models of notebook computers that Plaintiff I Braun Degenshein alleges contain defective inverters. Click here for more. Your MoneyWhat are you worth? Click here for more. For the LawyersAsbestos claims not subject to single occurrence limit. The California Court of Appeal has ruled that asbestos claims brought against a manufacturer did not constitute a single "occurrence" limiting the amount of coverage afforded by the company's primary liability insurer. Click here for more. |
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