September 2009 Archives

Although the economy is currently showing signs that it is beginning to turn around, there are still many consumers struggling to make ends meet. There is also a lot of tension surrounding an individual or family's ability to continue paying on a mortgage. There are many people on the brink of foreclosure, and many who are in the process of being foreclosed upon. Unfortunately, there are companies and individuals who are scamming these vulnerable persons. There are a number of ways in which this fraud is perpetrated.   In one such scam, the rescuer says that if you sign...

The rising cost of health care is taking a toll in unexpected ways.   A recent NY Times Op-Ed article written by Nicholas D. Kristof recounted the story of one elderly couple who divorced when faced with the prospect of her family losing her assets from her first marriage in order to pay off her second husband's long term medical care bills.  The couple, identified only as M. and M.'s husband, were faced with the reality that Mr. M's early-onset dementia could cost them their life savings and then some.  But if instead they divorced, her assets would be protected, some of which...