Caveat Emptor

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Law, politics, news and information from the consumer advocate's point of view.

Author: Sam Glover is a solo practitioner in Minneapolis and also authors Lawyerist.

Blawg Related Categories: Consumer Law • Solo / Small Firm

Recent Posts from Caveat Emptor

Americans for Financial Reform and the Showdown in Chicago
The movement for consumer justice has gotten bigger and stronger, and if you’re in Chicago next week you can experience it firsthand. Americans for Financial Reform (AFR), a big coalition of which AFFIL is a…
The New Debtors’ Prison
Debtors’ prison was supposedly eliminated in the United States in the 19th century, but in the 21st, people are still being arrested and tossed into jail for debts. It just takes an extra step these…
White House on the Proposed CFPA
White House economic adviser Austan Goolsbee on the proposed Consumer Financial Protection Agency: (via Consumerist)
Reverse Mortgages Threaten Seniors’ Wealth
A new report from the National Consumer Law Center explains in detail how “[a]buses and abusers from the subprime mortgage industry have begun showing up in the reverse mortgage market, putting at risk the equity…
Overdrafts Generate Big Bucks For Banks
An estimated 45% of the country’s banks make more from overdraft fees than they do from credit card fees(!). They will generate $27 billion in covering overdrafts on checking accounts this year. Proposed legislation, however,…
Stop Telemarketing Calls (and Sue if They Keep Calling)
If you do not already know about the National Do Not Call Registry, hie thee hither and put your name down. Once you are on the registry, telemarketers may not call you for five years.…
Link Roundup, week of 9.21.09
Here are an assortment of juicy consumer links I haven’t had time to write about: Old Debts Under $100 Don’t Matter Under FICO ‘08 | Consumerist Bank Of America Reaches Out To Angry YouTube Star…
Strategic Mortgage Defaults on the Rise
Strategic default—walking away from your home and mortgage—is getting more common. The interesting part is who is doing it: according to a recent study, people with good credit. For such consumers, strategic default may be…
Three Debt Assistance Companies Sued by the Minnesota Attorney General
The Minnesota Attorney General took action against three companies that promised to lower customer’s interest rates on credit cards for high fees. Swanson filed suit against Priority Direct Marketing, Clear Financial Solutions, and Moneyworks, LLC.…
FDPCA & FCRA Lawsuits On the Rise
The number of FDCPA and FCRA lawsuits filed in 2009 is well ahead of both 2008 and 2007. In July 2009, the 5000th suit was filed. In 2008, that benchmark was not hit until the…