Topics: Your Money & The Law - 19 results


JPMorgan Chase Pays $18.3M for Misleading Mortgage Info

JPMorgan Chase & Co. has agreed to pay $18.3 million to settle a lawsuit accusing the lender of misleading homeowners about interest rates on adjustable rate mortgages. The lawsuit, filed in 2007, alleged that JPMorgan Chase and lending units of Bear Stearns misled consumers by failing to tell them that their loan’s principal would increase if they made the minimum monthly payment. The class action was filed in 2007, and J.P. Morgan acquired the loans when it took over EMC …

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How Will the Affordable Care Act Affect You?

Everyone has heard of the Affordable Care Act, also known as Obamacare. However, more than half of all uninsured Americans are currently unaware of exactly how and when it will affect them. The answer is dramatically – and soon. All individual Americans who are not provided with health insurance by their employers, Medicare or Medicaid are expected to sign up for an individual health insurance policy between Oct. 1, 2013, and March 31, 2014. The policies will go into effect …

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Posted 10 months ago in Your Money & The Law by Janet Raasch  
New Formula for Federal Student Loan Rates

College debt has reached record levels. It almost tripled between 2004 and 2012, and is approaching $1 trillion. Student debt is now the second largest form of consumer debt, behind home mortgages and well ahead of credit card and auto debt. People need a college degree to compete in today’s high-tech job market. At the same time, college tuition has soared over the past decade while median family income has decreased. People need college degrees in order to compete, but …

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Posted 10 months ago in Bankruptcy Crime Immigration by Josh Crank  
Real House Husband in Real Danger of Deportation

“The Real Housewives of New Jersey” stars Teresa and Giuseppe “Joe” Giudice face up to 50 years behind bars if they’re convicted on the 39 criminal counts leveled against them. But to make matters worse, Joe will likely be permanently banished from the United States if he’s convicted on even a single count. That’s because Joe, unlike Teresa and the couple’s four young daughters, is not an American citizen. Born in Italy, Joe was brought to the U.S. by his …

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Posted 11 months ago in Your Money & The Law by Michele Bowman  
Walgreens Under Fire for Shady Pricing Schemes

Following the Missouri Attorney General’s suit against it for false advertising, Walgreens is now being targeted by consumer groups for price discrepancies among its stores.   Walgreens Targeted by Missouri AG Missouri AG Chris Koster on Aug. 27 announced the filing of a civil lawsuit against Walgreen Co. of Illinois for false advertising, using pricing schemes to lure consumers into purchasing certain products. Koster says Walgreens “engaged in a pattern of advertising lower prices on display tags, but charging higher …

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