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Consumer Law
Caveat Emptor 

Law, politics, news, and analysis from a consumer lawyer's point of view.
Post Frequency: 10.8/day Last Entry: March 28, 2011 at 16:12:22 Recent Entries: 961
By Sam Glover, Esq.
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Rise in foreclosures ?a shock?
Posted on March 12, 2009“February saw an unexpected jump in foreclosure filings as the weak economy puts more pressure on borrowers.” Rise in foreclosures ‘a shock’ | CNN Related posts:As Foreclosures EscalateU.S. bank failures almost certain to rise in next yearBankruptcy filings go way up in February Related posts:As Foreclosures EscalateU...
Gone in 60 seconds: 10 credit score myths
Posted on March 12, 200960-second video: Myths of credit | I Will Teach You to be Rich (via Lifehacker) Related posts:Free monthly credit score estimatesStore charge cards will drag down your credit scoreGet credit score estimates to go with your free credit report Related posts:Free monthly credit score estimatesStore charge cards will drag down your credit scoreGet credit score estimates to go with your free credit report
Attorney fee provisions about to be eviscerated
Posted on March 10, 2009Minnesota DFL’ers are inexplicably out to eviscerate Minnesota consumer protection laws. Representative Paul Thissen (DFL), Representative Dave Olin (DFL), and Senator Linda Schneid (DFL) have teamed up on HR 1410, a bill that would require judges to “take into consideration the reasonableness of the attorney fees sought in relation to the amount of damages awarded [...
Produce the note!
Posted on February 26, 2009Sometimes the court system actually works. The AP has an interesting article on homeowners who are forcing lenders to <gasp> produce the note?the proof the lender issued a mortgage. Apparently some people are having some success in delaying or stopping foreclosure by simply asking whomever is trying to foreclose to produce the original mortgage note...
Bailed-out bank enjoys concerts, dinners, parties
Posted on February 25, 2009Bailed-out bank enjoys concerts, dinners, parties | CNN Related posts:$1.6 billion went to bailed-out bank execsBailed-Out Banks Dole Out BonusesStocks slump despite bank rescue Related posts:$1.6 billion went to bailed-out bank execsBailed-Out Banks Dole Out BonusesStocks slump despite bank rescue
Bailout hearings
Posted on February 25, 2009February 25, 2009 | Dilbert.com Related posts:Poisonous spidersArbitration hearings roundupSenate credit industry hearings update Related posts:Poisonous spidersArbitration hearings roundupSenate credit industry hearings update
California passes 90-day Foreclosure Moratorium
Posted on February 25, 2009California passes 90-day Foreclosure Moratorium | CL&P Blog Related posts:California Foreclosure Law PassedForeclosure scammers busted in San DiegoMinnesota legislature passes Subprime Borrower Relief Act Related posts:California Foreclosure Law PassedForeclosure scammers busted in San DiegoMinnesota legislature passes Subprime Borrower Relief Act
Likely DOJ Nominee Has Long History of Lobbying Against Consumer Rights
Posted on February 25, 2009Likely DOJ Nominee Has Long History of Lobbying Against Consumer Rights | Watchdog Blog Related posts:AIG Was Spending Taxpayer Money Lobbying Against Mortgage RegulationNew Minnesota consumer website: Consumer Rights WatchNational Consumer Rights Litigation Conference in Portland, Oregon Related posts:AIG Was Spending Taxpayer Money Lobbying Against Mortgage RegulationNew Minnesota consumer website: Consumer Rights WatchNational Consumer Rights Litigation Conference in Portland, Oregon
House addresses foreclosure relief tomorrow
Posted on February 25, 2009One of the problems perpetuating the foreclosure crisis is the inability of lenders and borrowers to renegotiate those loans. Lenders don’t want to take care of vacant homes, and many borrowers could stay in their home if those ridiculous adjustable rates were locked into a reasonable fixed rate...
New feature: Gravatars
Posted on February 25, 2009You may be noticing the “Gravatar” icon now showing up in the comments, while some commenters have a picture or avatar in its place. A Gravatar is a globally-recognized avatar. Getting one is easy. Set up an account at gravatar.com, add the email addresses you use when you comment, and upload an avatar...
Non-lawyers and cheap ?legal services?: you get what you pay for
Posted on February 24, 2009Perhaps prompted by economy-related layoffs, or maybe just looking for extra income, a paralegal recently advertised “Simple Wills and Trusts-Only $50!” on Craigslist. The ad (no longer available) read, in part: I will draft your will and/or trust for only $50! I am a paralegal with over ten years of legal experience...
Speculators owned 60% of Florida county?s foreclosures
Posted on February 23, 2009Buried in an article about the “rocket docket” in Fort Myers, Florida is this quote: Sixty percent of the cases handled here involve homeowners who were speculators and out-of-towners. They don’t bother showing up for the court hearing, so the process is quick, and many are handled in seconds...
Identity theft at the ATM
Posted on February 23, 2009Embedded video from CNN Video Related posts:How Outsourced Call Centers Are Costing Millions In Identity TheftForeclosed and nowhere to go? Stay put700,000 Central Collection Bureau, Inc., accounts vulnerable to identity theft Related posts:How Outsourced Call Centers Are Costing Millions In Identity TheftForeclosed and nowhere to go? Stay put700,000 Central Collection Bureau, Inc...
Poll: Politicians trusted more than business leaders on economy
Posted on February 23, 2009Poll: Politicians trusted more than business leaders on economy | CNN Related posts:It’s official: The economy is in a recessionThe Economy: Why it feels so badLatest Gallup Poll Shows 43% of Americans Pays Credit in Full Related posts:It’s official: The economy is in a recessionThe Economy: Why it feels so badLatest Gallup Poll Shows 43% of Americans Pays Credit in Full
Spoof song about FreeCreditReport.com
Posted on February 22, 2009Funny spoof song about freecreditreport.com | BoingBoing Related posts:Yet Another Reader Scammed By FreeCreditReport.comRIAA wants $1.5 million per songCan governments copyright laws? Should they? Related posts:Yet Another Reader Scammed By FreeCreditReport...
Who?s getting hurt? UM study crunches the numbers on Minneapolis foreclosures
Posted on February 22, 2009Who’s getting hurt? UM study crunches the numbers on Minneapolis foreclosures | MinnPost Related posts:Hennepin County foreclosures Google Maps mashupKSTP: Foreclosures in North MinneapolisCollectors hurt by recession as consumers walk away from unpaid bills Related posts:Hennepin County foreclosures Google Maps mashupKSTP: Foreclosures in North MinneapolisCollectors hurt by recession as consumers walk away from unpaid bills
Save Bundles of Cash by Buying Eyeglasses Online
Posted on February 22, 2009Save Bundles of Cash by Buying Eyeglasses Online | Lifehacker Related posts:No cash? No problem, if you barter20 Unique Ways to SaveYear-end tax planning tips to help consumers save Related posts:No cash? No problem, if you barter20 Unique Ways to SaveYear-end tax planning tips to help consumers save
The credit crisis, visualized
Posted on February 21, 2009Related posts:The credit crisis as Antarctic expeditionAnatomy of a Meltdown: The Credit CrisisFixing our fuel crisis, credit crunch: a new course in home economics? Related posts:The credit crisis as Antarctic expeditionAnatomy of a Meltdown: The Credit CrisisFixing our fuel crisis, credit crunch: a new course in home economics?
Link roundup
Posted on February 20, 2009Transportation chief eyes taxing miles driven | MSNBC Make The Bank Prove It Really Owns Your Mortgage Before You Let Them Toss You Out | Consumerist Help for homeowners | WhiteHouse.gov Why the Credit Bureaus Can’t Get It Right | SmartMoney...
The Stimulus Pie
Posted on February 18, 2009CNN has a very good interactive chart showing just how the enormous stimulus package will be spent. Following the money: stimulus spending plan, by sector | CNN Related posts:U.S. government plans to buy billions in bad bank debtAIG Was Spending Taxpayer Money Lobbying Against Mortgage RegulationWhat would you do if you lost your job? Related posts:U...
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