Archive for the ‘Legal Info’ Category

The Senate voted 45-51 against Dick Durbin's anti-foreclosure bill. Twelve democrats opposed the bill.

We were hoping the Senate would help deal with the massive foreclosure epidemic and pass the bill, which would have allowed bankruptcy judges to adjust the terms of mortgages of people who were facing foreclosure, among other things.

Obama made public statements saying the bill was an important aspect to helping the economy; however, it's been speculated that he didn't throw in 100% support because banks  opposed to the bill's passage.

Here's a quote from the Associated Press article posted on the Kansas City Star on Obama's support or lack thereof:

"Obama long has backed the proposal to give debt-ridden individuals the option of turning to bankruptcy to save their homes. He cited that support last fall as he privately lobbied skeptical Democrats to back the $700 billion Wall Street bailout. And once he was president, he had promised, he would push for its passage."

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In a blatant case of a governmental double standard at work, the state of New Hampshire charges a $3 surcharge on credit card transactions for court fees, fines and other legal fees.

This fee is illegal, in truth, according to the regulations of Visa and MasterCard, which prevent retailers who use their credit cards from charging customers any unauthorized surcharge.  Yet, after stopping the policy of the surcharge after the credit card company requested it, the state Supreme Court ruled that it should be able to collect the surcharge.

With 36,000 credit card transactions made in state courts, the state made $108,000 last year on the surcharge.  Of course, if the court is acting like a business with the payments and surcharges, it hardly seems fair that it ruled in favor of the legality of its actions.

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Monday, January 30th, 2006

Disclaimer

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Monday, January 30th, 2006

Privacy Policy

Last Updated: March 2005
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