| Volume 12 Number 13 |
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The People’s Lawyer’s Tip of the Day
Immediately review your bank statements and returned checks for forgeries. Promptly report any problems to your bank. A short delay may cost you your legal rights.
Avoiding Divorce Tax Traps
Like any major financial transaction, divorce has serious tax implications. And pitfalls galore for unwary individuals. Don't expect much help from your divorce attorney. These folks are often surprisingly ignorant about taxes (and disinclined to admit it). So it's up to you to become educated on the subject before you reach any final agreements with your soon-to-be ex. Once the papers have been signed, few problems can be corrected. Click here for more.
Ten Ways to Boost Retirement Planning
Flip through a magazine or turn on the television and it seems that there's an entire universe of happy, wealthy retirees walking along beaches without a care in the world. How do you become one of them? Click here for more.
Wells Fargo Settles Subprime Class-Action Suit
Wells Fargo & Co. has settled a class-action lawsuit over lending practices at its Wells Fargo Financial Inc.'s mortgage unit, which focuses on the subprime market. Click here for more.
A Legitimate Way to Earn Extra Money at Home
There are a lot of people who would like to find a way to earn money from home. Some of them want to earn a full time income while others just need to make some extra money to help make ends meet or to save up for a special purpose. Making money at home, specifically from the Internet, is possible. Unfortunately, there are a lot of scams out there that are designed to prey upon peoples' need to earn money. Remember that if the offer sounds too good to be true it probably isn't. Click here for more.
Your Money
Are two homes better than one? Click here for more.
For the Lawyers
Lender's mortgage refinance form didn't violate TILA. The 1st Circuit has held that a lender's form adequately advised borrowers of the effects of rescinding their same-lender refinanced loans, even though it did not explicitly explain that, upon rescission, the original loans were not cancelled and the lender retained a security interest in the borrowers' properties. Click here for more.