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No more means test for..... |
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Jul 03, 2008 - 1:28 PM - by magyar123
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The recent Defense Dept Authorization bill signed by the President included an amendment that would eliminate the means test requirements for returning (from Iraq & Afghanistan) National Guardsmen and reservists - when they return to their civilian jobs, and find themselves in financial difficulty because of having served, and need to file bankruptcy.
This amendment passed with a HUGE majority despite the banking lobby" complaints. ... [Read More]
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1 Reply | 64 Views
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Good job NY! |
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Jul 02, 2008 - 9:02 AM - by keepmine
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I poached this from a BK blog. All states need to follow suit.
Are Social Security And Other Exempt Funds Deposited In Bank Accounts Protected From Creditors? New York Makes Changes
By Peter Orville, Attorney at Law on Jul 1, 2008 in Collection Issues, Consumer Protection, Debt Collector Abuses, New York, Personal Property
Each state has their own laws about what funds deposited in bank accounts are exempt and protected from creditor attachment. In New York,... [Read More]
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3 Replies | 76 Views
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Huge ID theft issues in the future? |
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Jul 01, 2008 - 1:30 PM - by magyar123
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WASHINGTON (July 1) - Consumers can now use Visa debit cards for smaller purchases without entering a personal identification number, the same way they can skip signing receipts.
Visa said Tuesday it is no longer requiring merchants to treat its debit cards differently when customers use them as PIN-debit cards, as opposed to signature cards.
The move prompted the Justice Department to drop an antitrust investigation of the practice.
... [Read More]
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0 Replies | 40 Views
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Changes in Credit |
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Jun 27, 2008 - 3:42 PM - by treehugger1
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Cardholders hit twice as credit limits lowered
Companies drop amount without telling users, could affect credit scores
updated 4:28 p.m. PT, Fri., June. 27, 2008
NEW YORK - Just as Americans grow more reliant on credit cards to help pay monthly bills, they’re being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit scores.
Those facing this predicament might... [Read More]
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7 Replies | 214 Views
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