Posts In General

New York’s Recent Law Curbing Confessions of Judgment Abuse May 06

Governor Andrew Cuomo approved legislation last August to limit the use in state courts of confessions of judgment. Confessions of ...

Governor Cuomo’s Proposal to Protect Consumers from Debt Collectors Apr 06

Last December, Governor Cuomo revealed the eighth proposal of the 2020 State of the State agenda. The proposal would require debt ...

How FICO Changed Its Credit Score System Feb 25

The Fair Isaac Corporation created the FICO score to help lenders assess credit risk and determine whether to extend credit. This ...

U.S. Workers Planning for Retirement, Saving More Money for the Future Mar 18

With the unemployment rate declining and the economy looking relatively strong, more and more workers are saving money for the ...

Middle Class Shrinks, Lower Class Rises in the U.S. Dec 18

A shrinking middle class, in conjunction with a rising lower class, is making bankruptcy a more viable option for Americans who ...