Daily Archives: June 27, 2012 - 3 results

Posted 5 years ago in Medical Malpractice by Michele Bowman  
Definitive Study Finds that ‘Tort Reform’ Doesn’t Work

A new study by professors at prestigious law schools around the country found that so-called “tort reform” — which chisels away at consumer legal rights — does not reduce health care costs. Insurance companies and powerful business cabals relentlessly lobby state and federal legislators to restrict medical malpractice lawsuits by adopting “tort reform” legislation—which prevents juries from awarding injured patients large amounts of compensation. Tort reform laws: Limit your access to get into court. Restrict the types of claims you can …

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Posted 5 years ago in Bankruptcy by Richard Dahl  
Jamal Lewis the Latest Pro Athlete to File for Bankruptcy

Former National Football League star running back Jamal Lewis, 32, has filed for bankruptcy protection in Georgia, saying that he can’t pay $10.6 million in debts. Lewis broke into the league with a splash in 2003, running for 295 yards in the Baltimore Ravens’ home opener in the stadium that had just been rechristened M&T Bank Stadium for the company that had bought the naming rights. Today, though, M&T Bank is one of the creditors listed in Lewis’ court documents …

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Posted 5 years ago in Bankruptcy by Jennifer King  
Read the Latest Issue of ‘Your Money & The Law’ Newsletter

Top 5 Causes of Personal Bankruptcy Consumers filed 311,975 petitions in bankruptcy in the first quarter of 2012, according to the American Bankruptcy Institute. But many people whose finances are strained are on the verge of filing. What are the primary causes of personal bankruptcy? Unexpected disasters and divorce, among other reasons. Find Out More…   Filing for Bankruptcy? You Still Have to Pay Child Support A Florida man almost escaped $180,000 in past-due child support when his ex-wife and the …

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