Pages
Categories
Archives
Blogroll
Monthly Archives: March 2022
Education Department to Wipe Out Loans for Students Defrauded by DeVry University
The Education Department will cancel federal student loans for at least 1,800 students who attended DeVry University, once one of the nation’s largest for-profit college chains, because it fraudulently lured in applicants for years with vastly inflated claims about their … Continue reading
Posted in General
Leave a comment
Exiled Chinese Billionaire Guo Files for Bankruptcy After Yacht Spat
Guo Wengui, the exiled Chinese businessman and former partner of Trump political strategist Steve Bannon, filed for bankruptcy less than a week after a judge ordered him to pay $134 million for moving and keeping a yacht out of the … Continue reading
Posted in Bankruptcy
Leave a comment
Crystal Cruises’s Epic Demise Leaves Customers Out $100 Million—or More
The most-awarded luxury cruise line in the industry, Crystal Cruises, unceremoniously shuttered its doors without a word to consumers and travel agents. Its parent company, Genting Hong Kong, abandoned it leaving a trail of debt—to travelers, agents, employees, and vendors. … Continue reading
Posted in General
Leave a comment
Hertz Customers Who Claim They Were Falsely Arrested Score Win in Court
Hertz Corp., battling hundreds of customers who say they were falsely arrested for auto theft after renting cars, was ordered by a federal judge to disclose how many renters it accuses every year. Bankruptcy Judge Mary Walrath sided with advocates … Continue reading
Posted in General
Leave a comment
U.S. Household Debt Increased by $1 Trillion in 2021
U.S. consumers added to their debt loads at the fastest pace in 14 years in 2021 as they borrowed more to afford homes, cars and other goods that are becoming increasingly expensive, according to a report released by the New … Continue reading
Posted in Debt
Leave a comment
IRS reminds taxpayers their Social Security benefits may be taxable
A new tax season has arrived. The IRS reminds taxpayers receiving Social Security benefits that they may have to pay federal income tax on a portion of those benefits. Social Security benefits include monthly retirement, survivor and disability benefits. They … Continue reading
Posted in Taxation
Leave a comment
Maintenance Terminated Too Early
Statute allows termination of maintenance upon a substantial and continuing change of circumstances that makes the maintenance obligation unreasonable. That can include recipient’s cohabitation, if the cohabitation is a substitute for marriage, which requires a circuit court’s conclusions of law … Continue reading
Posted in General
Leave a comment
Crash Was a Breakfast Accident, Not a Driving Accident
Statute bars compensation for injury resulting from “risk unrelated to the employment to which workers would have been equally exposed outside of and unrelated to the employment in normal nonemployment life.” Claimant choked on his breakfast, passed out, and crashed … Continue reading
Posted in General
Leave a comment
It’s important for taxpayers to know the difference between standard and itemized deductions
Taxpayers have two options when completing a tax return, take the standard deduction or itemize their deductions. Most taxpayers use the option that gives them the lowest overall tax. Due to all the tax law changes in the recent years, … Continue reading
Posted in Taxation
Leave a comment
Hearsay Admissible Though Declarant Incompetent to Testify
Circuit court was not required to believe that any non-verbal communication between a juror and a spectator addressed, or affected the juror’s view, of the action’s merits. Statutes address evidence from mentally incapacitated persons. One statute provides that such a … Continue reading
Posted in General
Leave a comment