Bankruptcy

News for a Friday the 13th...

By Bill McLeod, Esq.

From CNBC: Those $600 "economic stimulus"/"loan on next year's tax refund" checks: they are going to keep us out of a recession. For now (but what do you do if your bills are more than $600?).

From Bloomberg: Foreclosures up 48% in may and repossessions have doubled. Those $600 checks are arriving just in time!

I recently wrote about some predators in our midst: people who prey on others facing foreclosure, but are only ultimately out for their own benefit. From the Baltimore Sun: a 47-page indictment charges 8 people with a scheme to rip people off. I have yet to read about any indictments in Massachusetts (am I not paying attention?).

And I know this really doesn't have anything to do with bankruptcy, but I have to change my shower liner this weekend, and I happened upon this article from the LA Times: apparently that smell of the new liner is toxic.

But I guess I am not the only one with some concerns this weekend. Reuters reports that an Ex-Capital One employee has filed a whistleblower suit, claiming she was fired for refusing to approve bad loans. What's in your wallet?

Full post as published by McLeod Law Offices on June 13, 2008 (boomark / email).