CNN/Money has a new article out on the rising price of car insurance. I did not know this, but car insurance prices have gone up 23% over the last five years which is more than twice the rise in consumer…
Posts Categorized In: Current Affairs
California Debt Blog: Consumer Protection Financial Bureau To Crackdown On Creditors
In a welcome move by the Consumer Protection Financial Bureau, they announced recently that they are going to be investigating original creditor’s for unfair debt collection practices. According to a story at BusinessWeek.com, “The new policy, which follows efforts to…
Car insurance rates change based on education
We all know how you drive affects your insurance. Your experience, your driving record, your past number of accidents, all contribute to how much you pay for insurance. But, there are also a number of other factors that affect your…
California Debt Blog: Federal Officials Shut Down California Debt Collector
A great story from Jim Puzzanghera at the LA Times about the Federal Trade Commission, FTC, shutting down a Califlornia debt collector. Who was shut down, you ask? From the story “Among the companies targeted were Western Performance Group and…
California Debt Blog: FAQ: What is my statute of limitations on a debt?
Question: I stopped paying on a credit card. What is the statute of limitations within which the debt collector has to sue me? Answer: It depends, as the typical lawyer would answer. Each state has its own statute of limitations….
California Debt Blog: Consumer Protection Financial Bureau Releases New Letters
The Consumer Protection Financial Bureau (CPFB) has released self help letters. These DIY letters are intended for consumers who are looking to deal with a debt collector without hiring an attorney. There are five letters that consumers can send to…
FAQ: What insurance do I need?
Question: I don’t know what insurance I should have. How do I figure that out? Answer: This is a tricky question. Let’s start with the basics. (I am going to skip life and health insurance since those are significantly more…
California Debt Blog: Expert Global Solutions Fined by FTC
Well, the debt collectors are at it again. What’s a violation of the FDCPA between debt collectors and the FTC? Do they really think the FTC is going to do anything? Apparently, the answer is yes. In this case, the…
5 secrets from a former insurance adjuster
Okay, so maybe you have always wondered what goes on inside an insurance company. Sadly, not much. But, there are some things you should know. 1. INSURANCE COMPANIES TRACK EVERY CLAIM YOU ARE INVOLVED IN Yes, they track EVERY claim,…
Why you should hire an attorney who understands an adjuster
I was exchanging emails today with a friend of mine who is also a personal injury attorney. He understands how the world of insurance works so none of this will be a surprise to him. But, a lot of attorneys…