| Volume 2 Number 7 |
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The People’s Lawyer’s Tip of the Day
As a general rule, a business is not liable for a slip and fall injury simply because it owns the property where the injury occurred. For the business to be responsible the injured person must show the business was ¿negligent¿ and that is why the injury happened. For example, if the business knew there was a slippery spot on the floor and did not take reasonable steps to clean it up, it would be liable to a customer who was injured as a result of its negligence.
Financial Literacy ABCs
Everyone knows the basics of traditional education start with the "three Rs" - but a great way to kick-start spring is by going back to the financial basics. With total U.S. consumer debt over $2 trillion and more than 44 million American households carrying average credit card balances of $8,025, it's clear many Americans need more astute financial education. Click here for more.
Foreclosures Rising with Debt, Job Losses
Foreclosures on home mortgages are on the way up. Nationally, foreclosures are up 38 percent, higher than in any quarter of last year, according to property tracker RealtyTrac. Click here for more.
Don't Hand Your House to a Thief
If owning a home is the great American dream, then swindling people out of their prized possession is one of the great, lucrative American scams. Mortgage fraud is on the rise, thanks to the tremendous value that's locked up in real estate today and to the increasing number of people who are struggling to pay their mortgages. Click here for more.
Your Money
How do I maximize returns on my CDs? Click here for more.
For the Lawyers
Consumers win important class action ruling. In a major victory for consumers, the 1st U.S. Circuit Court of Appeals became the second federal circuit to tell a company offering consumer services that it cannot simply ban class actions by inserting a provision in an arbitration clause in its contracts. Click here for more.