Recent Updates
April 28, 2010
State Must Prove Defendant's Knowledge of Driver's License Suspension
April 13, 2010
Sentencing Commission Votes to Eliminate Recent Criminal History Points
October 15, 2009
Consent to search inside of vehicle does not extend to locked containers
October 14, 2009
Making phone calls to get drugs for personal use not a felony
October 07, 2009
Duval County schools agree to reduce number of students getting arrested
Congress Considering weaking Pension Laws
November 20, 2008
Topic: Bankruptcy
Post the fallout from the Enron debacle earlier this decade, Congress passed laws strengthening the requirements of companies to make deposits to keep pension plans strong. However, just two years later, CNBC is reporting that Congress is considering returning the laws to pre-Enron because of the tough economic times.
http://www.cnbc.com/id/27816670
Seeking to reduce payments into pension plans when pensioners are potentially at their most exposed raises the danger to pensioners significantly. Many pension plans are under extreme pressure because of losses in the stock markets, and therefore these plans need more money to help keep solvent. On the other hand, the economic downturn means that many companies don't have money to invest.
As mentioned in a previous article, seniors are facing increasingly difficult times and are declaring bankruptcy are record levels.
If you are considering bankruptcy, please contact us for a free consultation regarding your case. We will discuss all options and help you formulate a plan to get back on your feet financially.
