Guest post by Paul Kuzmickas.
The latest bankruptcy scam targets bankruptcy filers and those with significant debt. In the last few weeks, bankruptcy filers have been receiving phone calls from con artists disguised as bankruptcy attorneys, using software to look like a law firm on caller ID. These con artists are asking for immediate payment of outstanding debts and threatening to arrest those who do not comply.
Guest post by Aaron Hall.
Minnesota consumers can now bring more cases to conciliation court, and many see this as good news. Unlike regular district court, conciliation court was created to handle “small claims” with relaxed rules and procedures so people don’t need to hire an attorney.
Guest post by Frank Pipitone.
Unless you have been hiding under a rock, you have heard or read about the looming student loan economic crisis. The National Association of Consumer Bankruptcy Attorneys (NACBA) refers to this coming crisis as the student loan “debt bomb.” A brief look at the NACBA report and the startling statistics explains why they coined this explosive title.
Over 37 million Americans are currently saddled with student loan debt with the total amount owed in excess of 1 trillion dollars. While these numbers are frightening, some of the trends outlined in the report are more concerning:
Guest post from Ashwin Madia.
The U.S. Supreme Court will hear arguments regarding the constitutionality of The Patient Care and Affordable Care Act in March 2012. The Affordable Care Act stands as President Obama’s signature domestic achievement, promising affordable health insurance to every American. Congress narrowly passed the statute in March 2010 after a heated national debate. Opponents quickly filed suit to have key provisions declared unconstitutional.
Of the four federal appellate courts to rule thus far, three have upheld the law in its entirety while one declared the Act’s key provision—the individual mandate—unconstitutional. This post will discuss the background and important provisions of the Act, key arguments on both sides of its constitutionality, and what will likely prove to be the most important factor in the Supreme Court’s ultimate decision.