There are many legal aspects to your finances. For example, it's important for everyone to understand how to create a plan for distributing their assets after they die. It's always helpful to know your legal rights. And, if you have trouble paying your bills, it's helpful to understand the steps that your creditors can legally take against you.
Auto Reposession - If you fail to pay on your vehicle as agreed, your lender has the right to take it back.
Choosing an Attorney - When selecting an attorney, it's critical that you ask the right questions and choose a lawyer who is an expert with your type of case.
Credit CARD Act - This law, enacted in 2010, regulates how your credit card company manages your account and communicates with you.
Equal Credit Opportunity Act - Lenders are prohibited from deciding whether to give you credit or setting credit terms based on your race, color, religion, national origin, sex, marital status or age.
Estate Planning - Make sure you create a plan for how you want your assets to be distributed after you die. Here are some suggestions to help make things easier for your family and close friends.
Fair Credit Billing Act - Understand how to ensure that you are protected if your credit card incurs unauthorized charges or billing errors.
Fair Credit Reporting Act - Know your rights regarding how your information may be used by credit reporting agencies.
Fair Debt Collection Act - Do you feel like you're being harassed by a debt collector? Know your legal rights and the rules under which collectors must operate.
Fair Housing Act - Prohibits discrimination in purchasing or renting housing based on race, color, national origin, religion, sex, familial status or handicap.
Identity Theft - Learn how to protect yourself from identity theft, how to detect identity theft, and what to do if you are a victim of identity theft.
Lemon Laws - If your new car is in the repair shop on a regular basis, you may be entitled to money or a replacement.
Wage Garnishment - If a debt is severely delinquent, the creditor may request a court order to withhold a portion of your pay check for payment of the debt.