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Economy

Allmand Law Firm
September 3, 2009 Economy

Uncle Sam Offers Cash for Your “Clunker Appliances” — Caution Advised

The Star-Telegram has an interesting article about the energy efficient tax credits offered by the government, but some caution is advised. There's already an energy star tax incentive offered by the federal government which...

Allmand Law Firm
September 3, 2009 Economy

Seeking a Win-Win in New York

President Obama just sent his legislative package to Congress to create the new Consumer Financial Protection Agency. The new agency's purpose will be to protect consumers from deceptive or confusing practices by financial institutions....

Allmand Law Firm
September 1, 2009 Economy, Unemployment – Job Loss

U.S. Postal Service to Implement 30,000 Job Losses?

An article in Reuters announced that the U.S. Postal Service is hoping to slash 30,000 jobs by offering buyouts to union employees.The article said: "The incentive for voluntary resignations and early retirements among a...

Allmand Law Firm
September 1, 2009 Debt and Tax Relief, Economy

Should You Sell Your Life Insurance Policy to Raise Cash?

This economy is tough and many seniors are facing financial issues they certainly never expected to face in the golden years.  Foreclosures are rising for many seniors who refinanced or upgraded their homes during...

College Students and Parents Beware of Credit Card Offers

As the school year begins, credit card companies are in a mad dash to rack up as many new and young customers as possible before the Credit Card Accountability Responsibility and Disclosure Act of...

Allmand Law Firm
August 27, 2009 Economy

Selling Your Home When You’re Broke

Foreclosures are up as the unemployment rate rises above 6% in Texas. Not surprisingly, with these foreclosures comes a 4.7% decline in market value. "The decline in demand and prices correlates more to the...

Allmand Law Firm
August 21, 2009 Economy

Dallas-Fort Worth Homeowners Drowning?

According to an article in the Dallas Morning News, more than 30 percent of Dallas-Fort Worth homeowners now owe more than their property is worth and may eventually face foreclosure. The article said: "Negative...