The Minneapolis Star Tribune is reporting that some people are going to prison for their debts despite the fact that debtors’ prison are not allowed.
In a powerful story by reporters Chris Serres and Glenn Howatt, the two explain how debtors can end up in jail in some states where creditors rule.
Congressmen, for many people, have about the same credibility as journalists and used car salesman. But congressional aides are a much different story: at least they should be. They are a wonderful resource for consumers…
Every time one turns around there is a another scam uncovered. This time it involves many of our For-profit colleges like the University of Phoenix, that have figured out how to make millions of dollars…
Bill Stanley, a former state senator, an unabashed booster of Norwich, an incredible financial adviser, a man who was unafraid to take unpopular stands, and a dear friend, has passed away at the age of…
State judicial officials have started reducing the number of foreclosure ads required to be published in The Courant after CtWatchdog disclosed that the nation’s oldest newspaper was charging victims of foreclosure higher advertising rates than…
The Hartford Courant is the only daily newspaper in Connecticut that charges a higher rate for victims of foreclosure than for anyone else purchasing similar ads in its Sunday real estate section. That information was…
Connecticut judicial officials are preparing to pressure The Courant into providing lower rates for foreclosure advertisements or face the loss of more than $1 million a year in advertising revenue. Hartford County Superior Court Judge…
This is the year that those in the higher income brackets with traditional IRA plans need to look at the pluses and minuses of a unique opportunity to convert the IRA into a Roth IRA. Robert A….
Bob Brinker, host of the nationally syndicated radio show “Moneytalk,” shocked me Sunday when he said that the evidence shows that trickle-down economics doesn’t work. Trickle down, or supply side, economics was big under Ronald…
Rockville Bank and I will be hosting a free financial seminar on Dec. 15 titled “How to grow and protect your nest egg during these treacherous time.” We are expecting to have two certified financial…
A Norwalk-based photo agency that pressured customers into buying high-cost photo packages of their children in hopes of landing a modeling or acting career has signed a written legal agreement to adhere to all state laws in the operation of its business, Department of Consumer Protection Commissioner Jerry Farrell, Jr. said today.
Facing expulsion, five major Better Business Bureau chapters adopted the controversial A to F letter ratings for businesses, which has come under attack from consumer advocates and some businesses. New York City, metropolitan Houston, Nebraska/South Dakota,…
Attorney General Richard Blumenthal and Paul A. Young, executive director of the Division of Special Revenue (DSR), today announced identical settlements with the Mashantucket Pequot and Mohegan Tribes that would provide $25 million in slot revenue to the state, as well as future payments.
When you decide to invest in the market, stay away from individual stocks. You never know when something terrible will come out about any one company, no matter how good it looks now. And you…