The People's Lawyer Consumer News Alert
Center for Consumer Law
  Volume 17 Number 8

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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.  


Should You Take a 401(k) Loan?

Many retirement plans such as 401(k)s and 403(b)s allow participants to borrow money from their retirement savings. While it is your money, there are many things you should consider before tapping into that retirement plan with a loan.  Click here for more.


Foreclosure Consulting Scams Target Struggling Homeowners

With credit tightening and foreclosures mounting to record highs in the nation, there is no shortage of opportunists looking for ways to profit from people on the verge of losing their homes. Desperate homeowners increasingly are falling prey to individuals who claim they can save properties but instead leave families broke or without a home. Click here for more.


Insurance You Didn't Know You Had

Your home, auto and medical coverage could be better than you think. Here are 11 scenarios for which you might be pleasantly surprised to learn you can file a claim.  Click here for more.


There's a Scholarship for Everyone

One strategy for financing college that often goes overlooked is getting someone else to pay for it. How do you do that?  Click here for more.


Your Money

How will taxes and inflation affect my savings?  Click here for more.


For the Lawyers

Allegation sufficient to trigger coverage. The Texas Supreme Court has held that allegations of unintended construction defects may constitute an "accident" or "occurrence" under a Commercial General Policy and that allegations of damage to or loss of use of the home itself may also constitute "property damage" sufficient to trigger the duty to defend. Click here for more.

 

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