Companies that don’t want their customers to sue have a special weapon: they slip mandatory arbitration agreements into new contracts and service agreements, requiring customers to opt out if they would prefer to retain their right to sue. Yet Fiat Chrysler is trying an interesting tactic: they’ll give you a $200 discount if you sign a piece of paper agreeing to arbitration. [More]
Hilary shares the struggles her sister is undergoing to close on a house with a mortgage through Bank of America. The closing date has been delayed and the loan officials keep demanding more paperwork and explanations of bank transactions.
The FAA says its records are in such disarray that its afraid that criminals could buy planes “without the government’s knowledge” or use the registration numbers of other planes. The agency has ordered all aircraft owners to re-register.
Do you have a mountain of more than a year’s worth of credit-card bills, ATM receipts, and pay stubs? Hanging on to every scrap of paper is not just a fire hazard. It could take you days instead of minutes to get the information you need for a tax preparer, a financial planner, or an attorney. If you’re the victim of a fire, flood, or theft, locating the data you need to file a claim will just add to your stress. And if something happens to you, loved ones will have a hard time finding your medical power of attorney, insurance papers, and accounts.
Inc. magazine has published a list of tips on how to get your home business tax documentation in order right now, so next year’s tax filing will be trouble free. Sure, this isn’t the most exciting staycation idea ever, but on the other hand anything you can do at home you can do in your underwear with a six pack of beer. I should really become a motivational speaker.
There’s a judge in Brooklyn, NY, who has tossed out nearly half of the foreclosure cases brought before him over the past year, because the lenders have such messy paper trails that they can’t prove ownership anymore.
Chris has to take the immunosuppressant drug Prograf because of a kidney transplant, and it costs nearly $300 for a one month supply. Yesterday, he found out that someone at CVS corporate has instructed his local pharmacist to start billing him directly, apparently because his secondary insurer hasn’t been paying for nearly two years.
We’ve written about this before, but as more and more people face foreclosure (last year’s foreclosures totaled 2.3 million, according to the AP) its a good time to remind people of this strategy.
Despite all the much-publicized delays with passport applications this year, the government has announced that they’ll still be unprepared for the onslaught of applications come 2008, so if you know you’ll need a new/renewed passport you should apply now during the slow season. In January, the land and sea portion of the new passport law goes into effect, requiring everyone who travels to Canada, Mexico, or the Caribbean to show proof of citizenship.
• Sales receipts for minor purchases, after you’ve satisfactorily used the item and if it has no warranty.
You mean we don’t need this Ruby Tuesday’s receipt from 1997? —MEGHANN MARCO