| Volume 25 Number 5 |
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The People’s Lawyer’s Tip of the Day
If you are receiving emails that appear to be from Paypal a bank or a credit card company telling you about "a recent charge to your account," ignore them. Do not click on any link to verify your account or dispute the charge. If you want to check with your credit card company, the phone number is on your card. If you think the notice may be real, wait until you receive your credit card bill and then dispute it. These are scams designed to get your private information.
Bank Failures: How Bad Will It Be?
Washington Mutual, Wachovia and National City are among the financial institutions that have announced huge losses and are looking for billions of dollars from private equity firms or others in the industry just to keep their doors open. In all likelihood, the bigger banks and savings and loan associations will survive the mortgage debacle and ensuing credit crunch, albeit somewhat battered and bruised. But smaller banks may not fare as well. Click here for more.
Best Money Websites
Holographic stockbroker? Maybe not. But these websites bring a virtual world of speed, simplicity and intelligence to your financial life. Click here for more.
Three Ways to Lower Your Car-Insurance Premium
Auto-insurance premiums dropped last year for the first time since 1999, but only by an average of 1 percent. So getting that lower rate might still mean work. We looked at how insurers are calculating premiums these days - even your credit score can matter - and compiled a few tips. Click here for more.
Path To Retirement Has Pitfalls For Women
The economic slowdown has made it harder for many people to keep up their pace of saving for retirement. But women, especially, can find it difficult in tough times to invest enough to ensure a secure retirement. Click here for more.
Your Money
Should my spouse work, too? Click here for more.
For the Lawyers
Attorney who was a debt collector may be individually liable for letters sent by a limited liability company. The 6th Circuit has held that an attorney debt collector may be individually liable without piercing the corporate veil. Click here for more.