Thieves Steal New Credit Card Enabled Parking Meters

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Thieves Steal New Credit Card Enabled Parking Meters

Municipalities across the USA are switching over from old fashioned coin operated parking meters to new high-tech digital meters that accept coins or credit cards, and the trend has not gone unnoticed by thieves. They recently yanked about 20 of the new meters right out of the sidewalk in Chicago, leaving many people who had used their cards in the meters worried about the security of their credit card information.

A spokesman for the contractor who manages the meters for the city tried to assure everyone that their financial data was safe, saying that the card account information was stored and transmitted securely – and is not retained inside the parking meters.

The police department of Chicago was rather surprised that the thieves would work so hard to steal the meters because each of them weighs about 200 pounds. N

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2011 IRS Refund Schedule

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The schedule includes not only electronic refunds but paper check refunds as well. It also is in Spanish on page two. The schedule shows refund dates up through October 20th 2011, if you happen to file an extension.

And if you have an Android or iPhone, the IRS has an app for that as well. Check out the press release here

I did my taxes last weekend and it looks like I should be getting mine on 3/11.

What should I do with a home foreclousre?

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Foreclosures and Bankruptcy – Protecting Your Home

Losing a home to foreclosure can be a stressful occurrence. Purchasing a home normally means a long term commitment to a mortgage and financing for the purchase of the home. When a person is no longer able to afford the payments on the property for whatever reason the result usually is a bank foreclosure on the property.

Persons who are having difficulties in making mortgage payments normally ask what should I do in a home foreclosure? If it seems inevitable that the payments cannot be brought up to date and refinancing is not an option the home owner should consider a bankruptcy proceeding. Although bankruptcy laws have been tightened in recent years to give added protection to financial institutions the remedy is still available to persons having difficulty in meeting financial obligations. In many instances a primary home is protected through the bankruptcy. When a home owner is able to shed other debt there may be enough income to support the mortgage payments.

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Chapter 11 Bankruptcy: Thousands of Creditors, One Committee

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The unsecured creditors committee plays an important role in chapter 11 bankruptcy

How can thousands of creditors negotiate with a business that has declared chapter 11 bankruptcy?

They can’t. Chapter 11 bankruptcy cases often involve situations where the business that has declared bankruptcy has hundreds or even thousands of creditors. Clearly, the entire flock of creditors cannot efficiently pursue the debtor in Bankruptcy Court at the same time. Chapter 11 bankruptcy is designed to restructure businesses that have become bogged down by excessive debt; thousands of negotiations with creditors simultaneously would frustrate the rehabilitation of the bankrupt business which usually continues to operate while in bankruptcy.

Forming the Unsecured Creditors Committee

As a result, section 1102 of the Bankruptcy Code authorizes the U.S. T

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Arizona Bankruptcy Attorney Answers: Can I Gamble Away My Money Before I File For Bankruptcy?

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Can I gamble money right before bankruptcy?

Gamble Away Money Before Bankruptcy?

It is not illegal to gamble.  You are certainly within your rights to gamble.  However, we have been involved in a few cases in which the issue of funds gambled away immediately before filing for bankruptcy has been brought up. Can you lose otherwise non-exempt funds gambling and then file for bankruptcy right after?

Can You Prove Your Gambling Losses?

First, it is often difficult to show a receipt for a gambling loss, and you may need to prove that the money was actually gambled away, and not just hidden under your mattress. An additional objection by the trustee in your case may be that you have intentionally wasted assets. If the Trustee can prove that you wasted assets intentionally, this can be considered by the Court as a basis for denying a discharge. W

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CD Rates Leaderboard For Feb. 17, 2011

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We hope this is the beginning of a trend.

Just one day after Sovereign Bank leapt to the top of our CD Rates Leaderboard with its 3.00% APY deal on 60-month CD rates, California-based Kaiser Federal Bank is joining the fun.

It has raised its 60-month CD rates from 2.75% to 3.00% APY, putting it in a tie for the best nationally available deal.

To get this rate, Kaiser requires a minimum deposit of $10,000, a much bigger investment than what Sovereign demands.

Kaiser, which has nine branches in the Los Angeles area, was organized in 1953 as a credit union for employees of Kaiser Permanente, a major health provider in California. A decade ago it became a federally chartered bank that is FDIC insured.

Here’s where to find all of the best nationally available CD rates:

TERM BANK RATE MIN. D

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I moved to Arizona in the last 2 years. How does this affect my bankruptcy? Are there any other exemption limitations I should be aware of?

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Yes! Amendments to the Bankruptcy code in 2005 affect which State’s exemption law applies in your bankruptcy case. The law says that if you have not lived in your current State for 730 days or more (2 years), then the exemption law of the State where you lived in the last 180 days prior to moving to y our new State will apply. While this sounds somewhat technical, it basically means that if you have lived in one State, say Arizona, for more than 730 days Arizona law will apply, but if you have not lived in Arizona for the last 730 days then your old State’s law will apply. The important question is HOW can this affect my bankruptcy?

Under bankruptcy law, each State is allowed to create its own exemptions. Exemptions are important because they allow you to protect certain assets from your creditors in bankruptcy up to a certain dollar amount. For example, in Arizona you are allowed to protect up to $150,000 of equity in your home. Thi

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