Last week, a huge gas explosion in San Bruno killed four people, injured over 60, and destroyed dozens of homes. The explosion was caused by the rupture of an underground gas pipe. The pipe had been installed in 1956, had…
Posts Categorized In: Current Affairs
California Debt Blog: Former Debt Collector Ran Collection Business from Prison
If you believe that most professional debt collectors are honest, hardworking, salt of the earth type people, this story may change your mind. Lamont Cooper, age 38 and from New York, owned a business called Legal Action Recovery, which was…
California Debt Blog: Consumers Choosing Debit Over Credit
In today’s uncertain economy, increasing numbers of consumers are choosing to use cash or debit cards, which immediately deduct money from a checking or savings account, over credit cards. In fact, in 2009 more consumers used debit cards than credit…
California Debt Blog: Finding Unclaimed Property
Did you know that you may be owed money and may not even know it? Unclaimed property, also known as abandoned property, is money held by companies or financial institutions that have not generated any activity or been claimed by…
California First State to Begin Health Insurance Exchange
This week, the California legislature passed two bills to set up a health-insurance marketplace. This move comes after the health care reform bill, which was passed in March, directed states to set up their own health care exchanges, or else…
California Debt Blog: Tips on Using Credit Cards While Traveling Internationally
Are you planning an international trip soon? If so, the New York Times just published this great article with tips on using a credit card while traveling overseas. Credit card companies have been beefing up security measures lately in order…
Is Your Home Protected in Case of Fire?
With wildfire season looming in southern California, and an insurance company making news for failing to honor damage claims that resulted from a California fire, now might be the time to review what would happen to your home in the…
California Debt Blog: First Class of Credit Card-Restricted Students Enters College
The first wave of freshmen affected by the new credit card reform act are beginning college this month, leading experts to wonder how successful the law will turn out to be. Under the new laws, if you are under 21…
“Crash Tax” Still Being Considered in Sacramento
The Sacramento City Council was set to vote on a controversial “crash tax” earlier this week, but it was removed from the council’s agenda hours before the vote was to have taken place. The crash tax would have charged individuals…
California Debt Blog: New Regulations for Store Gift Cards to Take Effect
The credit card regulations passed in 2009 are being gradually phased in over time. On August 22, new regulations kick in that affect gift cards to stores such as Old Navy, Target and Best Buy. Gift cards will now be…