Generally the ultimate goal of a debtor who files for bankruptcy is to receive a discharge of his debts in order to get the coveted fresh start offered through the process of Bankruptcy. However in certain scenarios a debtor may not be entitled to a discharge of his entire debt if a creditor can make […]
Keeping Swindlers Out of Your Bank and Brokerage Accounts
Naureen Hassan, a senior vice president at Charles Schwab, said that Schwab was completely revamping how its advisers wire money for clients. Peter DaSilva for The New York Times Data breaches at Target and Neiman Marcus were certainly scary. Personal information from tens of millions of people fell into the hands of cybercriminals. […]
Seniors: Be on High Alert for Scams
I look forward to the day when we no longer need to warn senior citizens about scams designed to separate them from their hard-earned money. I’m not holding my breath, however. According to the FBI, senior citizens make attractive targets for con artists for a variety of reasons: They’re more likely to have a nest […]
Banks Seen as Aid in Fraud Against Older Consumers
Laura Pedrick for The New York Times Bradly D. Swartz, of Meshoppen, Pa., said his credit was ruined by telemarketers who emptied his checking account. The pitch arrived, as so many do, with a friendly cold call. A Vulnerable Age Articles in this series are examining financial challenges and pitfalls faced by older Americans in […]
