For the year-to-date, bankruptcy filings increased by 2.6% over the year from March 2009 to 2010. This information was provided by the Administrative Office of the U.S. Courts through the U.S. Court News.
Disclaimer: This blog is for informational purposes only and does not establish a client-attorney relationship. Consult with an attorney before taking action on any information found herein as individual circumstances may affect the applicability of information provided. Call The Law Office of Michael Riley at 508-405-0831 with any questions.
Monday, May 16, 2011
Wednesday, May 4, 2011
News on the Consumer Protection Front
The Consumer Financial Protection Bureau is scheduled to open in July. However, several Republican sponsored bills are pending that would already limit the powers and reach of the CFPB. Elizabeth Warren, a Harvard Law Professor, is being considered a candidate for the director's position, which would be eliminated under one of the proposed bills. Other consumer advocates, such as Ed Mierzwinski of U.S. PIRG, support Warren and the contention that the Bureau is being truncated before it even begins its work. Of course, any bill would need to be signed by President Obama, who introduced the consumer bureau as part of his goal to change financial regulation.
Disclaimer: This blog is for informational purposes only and does not establish a client-attorney relationship. Consult with an attorney before taking action on any information found herein as individual circumstances may affect the applicability of information provided. Call The Law Office of Michael Riley at 508-405-0831 with any questions.
Disclaimer: This blog is for informational purposes only and does not establish a client-attorney relationship. Consult with an attorney before taking action on any information found herein as individual circumstances may affect the applicability of information provided. Call The Law Office of Michael Riley at 508-405-0831 with any questions.
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