Sunday , 22 December 2024
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Oklahoma Ranked as 23rd Best State for Personal Credit Conditions

According to an exclusive analysis conducted by CardRatings.com, credit conditions vary greatly from state to state, and the grim picture of the credit disaster that is the United States doesn't necessarily represent current credit conditions in all 50 states. The recent CardRatings.com report examined credit profiles in each state and found that Oklahoma ranked 23rd in the list of states with the best credit conditions. While it's true that some U.S. states are struggling to provide jobs and financial support for their residents, Oklahoma is proof that there are some states that continue to thrive in the face of the country's economic downturn. As more and more Americans are facing debt, bankruptcy and foreclosure, the bankruptcy attorneys at Oklahoma Legal Center are encouraging Oklahomans to take heart in the fact that Oklahoma finished as the 23rd best state for personal credit conditions. If you are considering filing bankruptcy in Oklahoma though, our qualified bankruptcy lawyers at Oklahoma Legal Center can help you evaluate your financial situation and determine what course of action is best for you.



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Implications of Trying and Sentencing Children in Adult Court

Although lawmakers in the United States draw a clear distinction between children and adults when it comes to marriage, drinking and voting, they have failed to apply this distinction to the treatment of children under criminal law. For example, despite the recent Supreme Court ruling in the case of Miller v. Alabama, the United States remains the only country in ...

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We Encourages Safe Driving Behavior During Labor Day Weekend

As Labor Day weekend nears, the last major travel holiday of the summer is expected to be even busier this year than in previous summers. According to a recent survey conducted by the American Automobile Association (AAA), 30 million Americans will travel at least 50 miles for the upcoming holiday weekend, an increase of 2.9% from 2011 data. Despite a ...

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Child Safety Seats Can Prevent Oklahoma Accident Injuries and Child Deaths

The sad truth is that car accidents are the leading cause of death for children under the age of three. And despite the fact that parents can prevent child injuries and deaths in Oklahoma car accidents by properly using car seats and ensuring that the safety seats are not defective, children continue to suffer serious injuries or lose their lives ...

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Oklahoma County Set to Implement Community Service Fee for Felony Offenders

Beginning this week, individuals convicted of felonies in Oklahoma County District Court will contribute to a revolving fund aimed to support the cleanup of trash, graffiti and overgrowth from public property in Oklahoma. The new community service program was approved on Wednesday by the county’s board of commissioners, and is intended as a funding mechanism for cleaning up public property ...

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Oklahoma Car Accident Victims May Be at Risk for Alzheimer’s Disease

A new study published in the Journal of Neuroscience suggests that a single head trauma – such as in an Oklahoma car accident – may lead to the development of Alzheimer’s disease in victims. For this reason, our team of qualified personal injury attorneys at Oklahoma Legal Center have advised victims of Oklahoma car accidents to seek proper medical care after ...

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New Oklahoma Law Affects Expungement Procedure and Eligibility

A new law set to take effect on November 1, 2012, will have a significant effect on expungement eligibility and procedure in Oklahoma. The legislation is called Oklahoma House Bill 3091, and was approved by Governor Mary Fallin on May 4 of this year. The new Oklahoma expungement law is controversial and has been met by mixed emotions from both ...

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American Bar Association Urges Criminal Defense Lawyers to Practice Holistic Approach

The American Bar Association (ABA) has called on criminal defense attorneys across the country to embrace a more holistic approach to representing their clients, in an effort to reduce recidivism, or repeat offenses. On Monday, the group’s House of Delegates approved a resolution that encourages defense attorneys to address civil and non-legal problems in addition to criminal problems when representing ...

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Bankruptcy Shouldn’t Always Be Considered a Last Resort

We've all heard the foreboding warning that bankruptcy should be considered a last resort, and many consumers believe this claim to be true, but it simply isn't. Too often, debt relief companies and others push this myth on consumers struggling with debt in an effort to force their own agenda, and end up doing the debtor more harm than good. The truth is, in this day and age where students, working adults and even seniors are facing overwhelming debt, there are many instances in which bankruptcy should actually be considered a first resort, and it's important that consumers eligible for bankruptcy be made aware of this fact. If you are considering filing for bankruptcy in Oklahoma, enlisting the help of a qualified bankruptcy attorney in Oklahoma should be your first course of action. At Oklahoma Legal Center, our bankruptcy lawyers are familiar with OK bankruptcy law, and have years of experience helping struggling consumers attain debt relief and get their lives back on track.



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Chase Intentionally Ripped Off Its Own Credit Card Customers

First, Chase baited its customers by offering this option: for an up-front fee, customers could transfer the balance of their car loan, home equity loan, or other credit card balance to their Chase credit card, getting a low fixed rate that applied until the loan was paid off. Once customers signed up for the "deal" though, Chase pulled a fast one. The minimum monthly payment jumped from 2% of the loan balance to 5%, and customers were also charged a $10 monthly fee. For example, a cardholder carrying a $20,000 balance on one of the long-term fixed-rate loans would see his minimum payment increase from $400 to $1,000. As a result of this deceptive action, consumers filed 14 separate class action lawsuits against Chase, alleging that the company violated the Truth in Lending Act and breached its contract with customers. Chase recently settled the case for $100 million.



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