Today the New York Times reported that the debt collection industry is sick and tired of you. That’s right – they’re tired of you hounding them and calling them names, not paying attention to them, and not showing any respect for them as the decent people they are. Sound familiar? Having worked in bankruptcy law for over 30 years, we have seen clients insulted, manipulated, nagged, and intruded upon too many times to count. Creditors can and will call people’s homes from morning to night. Sometimes they don’t even call the right person, so their hounding and rude comments fall on someone who doesn’t actually owe any money. Other times they might use your social networking to contact your friends
About 7 years ago, Americans as a whole stopped digging themselves into debt. However, according to a Reuters report, Americans are beginning to borrow more again. “US household debt rose in the latest quarter by the most since before the recession, a sign that Americans may be nearing the end of a multi-year belt-tightening trend,” the Reuters report said according to stats from the Federal Reserve Bank of New York. With the housing market showing some life, homeowners are beginning to see equity in their homes. With that equity noticed, some homeowners feel it’s okay to start borrowing more money, or “digging.” One of two things can happen as a result. 1. The homeowner is getting older and has seen
Don’t be ashamed of your debt Video Transcript Hello, this is Darrell Castle. I’m an attorney licensed to practice law in the state of Tennessee and on this video I’m talking about debt and its destructive power over your life. Debt is destructive because it is trading your future prosperity, even present prosperity, for ancient bills that you can’t pay. Oh, it has a temporary happiness. You might feel some happiness when you buy something or you charge something but it is a fast moving and fast disappearing type of happiness but soon you are left with nothing but debt and all that debt represents the minutes, the hours, the days, the weeks, the years that make up your life,
For many homeowners, loan modification programs are not helping them avoid foreclosure. According to the Washington Post, people who received loan modifications from the federal government are defaulting at an alarming rate: nearly 50% in one segment. The program is called the Home Affordable Modification Program (HAMP), and it’s run by the Treasury Department. A watchdog report says this program simply hasn’t ensured that its loan modifications would be sustainable for homeowners. As a result, a lot of people are defaulting. A lot of homeowners dream of loan modification and assume it will fix all their problems. As a bankruptcy lawyer in Memphis, I see this all the time and have noticed two problems with this line of thinking: It’s
What if I don’t feel pain from a car accident until afterward? By: Darrell Castle What if you’re injured in a car accident, but don’t feel any pain until afterward? Can that affect your personal injury case? Memphis car accident injury lawyer Darrell Castle explains. If you don’t experience pain at the time of the accident, even if you tell the police officer investigating that you were not hurt, that’s not a dealbreaker. Sometimes you experience pain later; sometimes you have some type of injury – a back injury for example – that really doesn’t manifest itself until later, and then you feel it’s necessary to see a doctor. That’s ok. It’s something that has to be explained, but it
Right now Chrysler is really in trouble. Reports have surfaced about a safety defect in older model Jeeps — the Jeep Grand Cherokee from 1993 to 2004, and the Jeep Liberty from 2002 to 2007. According to the National Highway Traffic Safety Administration, the Jeeps allegedly have defective fuel tanks, which can be damaged in the case of a crash and erupt into flames. The tanks are located in a particularly vulnerable place – just behind the rear axle and below the bumper – that make them a serious fire hazard. Fires from these sorts of accidents have allegedly killed anywhere from 50 to hundreds of people. The real impact is still unknown. But while the government and many consumer
Memphis dangerous drug lawyer Darrell Castle tells the story of a client who came to see him about a serious denture cream injury. If you believe you’ve been injured by a dangerous drug or medical device, contact us today to talk with attorney Darrell Castle, a dangerous drugs lawyer Memphis, TN has trusted for years. The conversation is free.
The Labor Department reported on Friday that the nation’s economy added 204,000 jobs in October while the federal government shutdown aided in the unemployment rate rising to 7.3%. Payrolls were significantly expanded in certain industries such as retail, hospitality, manufacturing and heath care, however the percentage of people in the workforce is now at its lowest level in 35 years. Many people have simply given up hope of finding a job. According to John Silvia, chief economist at Wells Fargo, the job market is actually narrowing. “There’s a smaller group of people working, but they are prospering,” Silvia said. Statistics back up Silvia’s claim and the fact that there is a shift in the American economy towards higher skilled labor.
If you’re a diabetic and have been diagnosed with bladder cancer since taking the type 2 diabetes drug Actos, it’s not too late to file suit, however time is running out so you need to act quickly. Last week, a federal court in Louisiana ordered Takeda Pharmaceutical Co., and its partner Lilly & Co (the manufacturers of Actos), to pay punitive damages after the jury determined the manufacturers knew about the cancer risk associated with the drug. The jury also awarded actual damages to the victim who developed bladder cancer after taking the drug. Our experienced Memphis personal injury attorneys here at Darrell Castle & Associates have investigated, researched and shared content on Actos for a while now and we
When responding to calls, police are allowed to break certain rules. The law permits them to speed, run red lights, and relate to other drivers on the road differently, as long as they do not endanger anyone else on the road. Usually when drivers hear the sirens or see the flashing lights, they will get out of the way, give the police full access of the road, and use caution. But what happens when those sirens don’t blare and the lights don’t flash? How can the public protect themselves then? A recent and tragic accident that took the lives of two people shows the worst case scenario: a speeding police officer struck a car carrying four people as he attempted