Uncharitable care?
Richard Scruggs and other veterans of class action lawsuits against the nations tobacco companies have found their next target: non-profit hospitals. On June 16, 2004, the team filed separate class action lawsuits against thirteen health systems or hospitals, adding six others within a few days, with the promise of...

BANKRUPTCY LAWS: The Need for Reform.
Bankruptcy filings surged to surpass 1,400,000 in 1998, another in a string of records. This occurred despite a robust economy, the longest expansion in post-World War II history, and the lowest unemployment rate in nearly two decades. Annual bankruptcy filings now more than double the number which occurred during...

The Good, the Bad, and the Downright Ugly.
Most people carry debt. From a money management standpoint, that is not necessarily bad. Sometimes, debt is good. Sometimes, it is downright ugly. The key is to carry the right kind of debt, and not too much of it. According to the Financial Planning Association, Denver, Colo.,...

Taxpayer Advocate Calls for Repeal of IRS Authority to Use Private Debt Collectors.
WASHINGTON, Jan. 9 /PRNewswire-USNewswire/ -- Congress should act immediately on today's call by the independent National Taxpayer Advocate for a repeal of authority to use private sector debt collectors by the Internal Revenue Service (IRS) to pursue tax debts, said the leader of the union representing IRS employees. ...

Student racial differences in credit card debt and financial behaviors and stress.
This study expands upon the work of Henry, Weber, and Yarbrough (2001) in examining the money management behaviors and financial outcomes of college students. The analysis was conducted using data from a sample that included an equal mix of African-American and non-Hispanic White students. It was found that African-American...

Credit repair, 7th ed. (CD-ROM included).
1413301924 Credit repair, 7th ed. (CD-ROM included) Leonard, Robin. Nolo 2005 $24.90 Paperback HG3756 Leonard is an attorney and the author or co-author of many of Nolo's personal finance books. Written in plain...

Never allow problem to fester.
Electrode Inc was right in dismissing Christopher because if they had dithered, then there was the danger of more staff falling victims to his borrowings. Worse still, Christopher may have undermined the company by moonlighting with rival organisations, or tapping into Electrode's revenues. Manager KK Ong was...

Debts must be settled first.
Besides his bad habits, Christopher could have been a good worker. Since he was an employee of the company, the company has an obligation to help Christopher to pay his debts. Instead of immediate dismissal, which would mean all his colleagues' loans would be unrecoverable, he should be given...

Nearly One in Four Consumers Uncomfortable With Their Debt; New data suggest fewer Americans intend to apply for credit in the months ahead.
Byline: Dennis Jacobe Synopsis: A new Experian/Gallup Personal Credit Index (PCI) poll shows consumers becoming more cautious about borrowing, with fewer intending to apply for credit in the months ahead. Add the rising cost of gas to the equation, and former Federal Reserve Chairman Alan Greenspan's recent...

The young and the (Financially) Reckless. (Fundamentals).
Marketers cultivate today's youth because they represent tomorrow's customers. Unfortunately, many children are clueless about basic money issues such as budgeting and managing debt. Banks can shape kids into better potential customers by providing programs on personal finance skills. Here's how to get started. As they turn...