Did you know that you may be owed money and may not even know it? Unclaimed property, also known as abandoned property, is money held by companies or financial institutions that have not generated any activity or been claimed by…
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California First State to Begin Health Insurance Exchange
This week, the California legislature passed two bills to set up a health-insurance marketplace. This move comes after the health care reform bill, which was passed in March, directed states to set up their own health care exchanges, or else…
California Debt Blog: Tips on Using Credit Cards While Traveling Internationally
Are you planning an international trip soon? If so, the New York Times just published this great article with tips on using a credit card while traveling overseas. Credit card companies have been beefing up security measures lately in order…
Is Your Home Protected in Case of Fire?
With wildfire season looming in southern California, and an insurance company making news for failing to honor damage claims that resulted from a California fire, now might be the time to review what would happen to your home in the…
California Debt Blog: First Class of Credit Card-Restricted Students Enters College
The first wave of freshmen affected by the new credit card reform act are beginning college this month, leading experts to wonder how successful the law will turn out to be. Under the new laws, if you are under 21…
“Crash Tax” Still Being Considered in Sacramento
The Sacramento City Council was set to vote on a controversial “crash tax” earlier this week, but it was removed from the council’s agenda hours before the vote was to have taken place. The crash tax would have charged individuals…
California Debt Blog: New Regulations for Store Gift Cards to Take Effect
The credit card regulations passed in 2009 are being gradually phased in over time. On August 22, new regulations kick in that affect gift cards to stores such as Old Navy, Target and Best Buy. Gift cards will now be…
New Standards for Metal Bats in California High Schools
Beginning in January, high school baseball teams in California will be required to use new safety-tested metal bats. The new requirements were prompted by a 16 year old California pitcher who suffered a major head injury in the spring when…
California Debt Blog: Pressure to Pay Others’ Debts a Growing Problem
A new problem with debt collectors has been emerging in recent years – debt collectors who pursue the wrong people in order to collect a debt owed by someone else. Some collectors even know that they are pursuing the wrong…
California Strengthening Laws to Prevent Illegal Health Insurance Cancellations
On August 18, new regulations go into effect in California that are aimed at preventing illegal cancellations of health insurance policies. Rescission, which is the practice of cancelling health insurance policies for mistakes on the health insurance applications, even minor…