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New Rule Allows $500 Rollover for Health Savings Accounts

November 28, 2013

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The Treasury Department has issued new rules on health spending accounts (HSAs) that allow rollovers of up to $500 from year to year, effective immediately. According to the Treasury, more than 14 million Americans use HSAs , which allow employees to contribute up to $2,500 per year directly from their before-tax paychecks to pay for […]

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Sequester Puts School Districts In Danger of Bankruptcy

November 19, 2013

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The federal sequester has created budget constraints for many cities and towns, and this has put many school districts that rely upon municipal funding to maintain operations in danger of bankruptcy. This is particularly true in rural districts that provide education to low-income children. A recent article in The Huffington Post highlighted the plight of […]

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When a Bank Has to Shell Out Money for a Mega Class Action Real Estate Lawsuit

November 18, 2013

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It’s not a pretty picture when it happens, but what else can a financial institution do but cough up the money? Most notably, it was recently in the news that banking giant JPMorgan Chase and Assurant Inc. settled in a major suit involving high rates through forced-placed insurance policies. What was the settlement? Oh, a […]

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Concerned about who will find out about your bankruptcy?

November 6, 2013

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Many people who are planning to file a Chapter 7 or Chapter 13 case are curious about who will find out about their filing. Most people know that bankruptcy filings are public record, so it is possible for somebody who is searching hard enough to discover your filing. However, the truth is that most of […]

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