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Consumer Law

Caveat Emptor Caveat Emptor

Law, politics, news, and analysis from a consumer lawyer's point of view.
By Sam Glover, Esq.

Post Frequency: 10.8/day

Last Entry: March 28, 2011 at 16:12:22

Recent Entries: 961

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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, 2009
60-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, 2009
Minnesota 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 [...



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Posted on March 01, 2009


Bank fees, hitting you when you are down

Posted on February 27, 2009


Link roundup

Posted on February 27, 2009


Produce the note!

Posted on February 26, 2009
Sometimes 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, 2009
Bailed-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, 2009
February 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, 2009
California 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, 2009
Likely 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, 2009
One 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, 2009
You 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, 2009
Perhaps 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, 2009
Buried 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, 2009
Embedded 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, 2009
Poll: 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, 2009
Funny 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, 2009
Who’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, 2009
Save 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, 2009
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? 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, 2009
Transportation 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, 2009
CNN 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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