The New Star Chambers

And you thought they were abolished for good by the Long Parliment.  Think again.  (Caution, bad language)

The Return of Debtor’s Prisons

As this article states, Debtors Prisons were abolished in America in the 1800′s. Collection companies are now using courts as their personal debt collection agencies by having debtors thrown in jail based on contempt charges for missing hearings. The rub? The collection companies are effecting this by failing to give debtors notice of the hearings! [...]

The Death of Your Financial Privacy

It died with the passage of the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487). Provision requires that foreign banks not only withhold 30% of all outgoing capital flows (likely remitting the collection promptly back to the US Treasury) but also disclose the full details of non-exempt account-holders to the US and the [...]