Monthly Archives: January 2012

Credit Card Companies Plan to Get Around CARD Act-Part 1

The CARD Act, which became law last year, was designed to protect the average consumer by limiting the fees and interest rates card issuers could charge while improving term disclosure. The final phase of the CARD act goes into effect this August, but credit card issuers are already geared up to get around the provisions and continue charging increasing credit card fees and high interest to consumers. As Arizona’s premier bankruptcy relief firm, we here at The Zolman Law, [...]

By |2012-01-13T13:14:08+00:00January 13th, 2012|Categories: Uncategorized|Comments Off on Credit Card Companies Plan to Get Around CARD Act-Part 1

Ding Dong! Hostess Files Chapter 11

In New York on January 11, the all-American tasty treat baking company, Hostess Brands, Inc., filed for bankruptcy under Chapter 11. This isn’t the first bankruptcy for the baker of Twinkies and Ding Dongs. After filing a previous bankruptcy as Interstate Bakeries Corporation in 2004, Hostess Brands emerged from that Chapter 11 in February 2009. Well, as Ronald Reagan would say, “there you go again...” Heavily Unionized – Hostess with the Mostest Debts  In listing the debts that [...]

By |2012-01-12T16:48:48+00:00January 12th, 2012|Categories: Uncategorized|Comments Off on Ding Dong! Hostess Files Chapter 11

Credit Card Tricks (Part 3 of 4)

At The Zolman Law, PLLC, Arizona’s premier bankruptcy law firm, we really do care about you and your family’s financial health. In this series of blogs, we will cover some tips for avoiding or reversing the crushing credit card debt that can lead many people to declaring chapter 7 or chapter 11 bankruptcy. Offers that are too good to be true While 0% interest offers from credit card companies are extremely rare these days, card issuers are sending out [...]

By |2012-01-07T12:55:13+00:00January 7th, 2012|Categories: Uncategorized|Comments Off on Credit Card Tricks (Part 3 of 4)

Credit Card Tricks (Part 2 of 4)

At The Zolman Law, PLLC, Arizona’s premier bankruptcy law firm, we really do care about you and your family’s financial health. In this series of blogs, we will cover some tips for avoiding or reversing the crushing credit card debt that can lead many people to declaring chapter 7 or chapter 11 bankruptcy. Excuses to raise your rates One of the latest tactics credit card companies are employing to get more money out of consumers is keeping an eye [...]

By |2012-01-04T12:32:48+00:00January 4th, 2012|Categories: Uncategorized|Comments Off on Credit Card Tricks (Part 2 of 4)

States outside Arizona Trying Shame Tactics to Collect Tax Debts – Will Arizona be Next?

Arizona residents take note: fifteen states currently publish the names of residents who owe money for back taxes. While Arizona isn’t one of these states – yet – the success of the other fifteen may soon convince Arizona to try this tactic. Currently, tax delinquents who owe money to the states of California, Colorado, Connecticut, Georgia, Illinois, Kentucky, Maryland, New Jersey, North Carolina, Pennsylvania, Rhode Island, South Carolina, Virginia, Washington, Wisconsin or the District of Columbia can expect to [...]

By |2012-01-01T12:25:35+00:00January 1st, 2012|Categories: Uncategorized|Comments Off on States outside Arizona Trying Shame Tactics to Collect Tax Debts – Will Arizona be Next?