Category Archives: Consumer Protection

If an NJ business or large corporation has taken advantage of you as a consumer, you should contact a qualified consumer protection attorney to help you make the business pay for its actions.

What Are Some Common Real Estate Scams?

When attempting to rent or purchase a home, a multitude of scam artists can attempt to overcharge on mortgages, steal identities, and cause you much grief in your financial and personal life. It is important to know how to look out for these scams to avoid them. Different Types of Real Estate Scams Moving fraud: Some moving companies have been guilty of quoting a low price only to demand more before actually moving your belongings. Checking the moving company for online reviews and their profile with the Better Business Bureau will be helpful to see if they have any registered complaints. Getting written price estimates from several movers can help you get an idea if they are shorting the initial price. Predatory loans: Practices such as selling mortgages for extremely high prices, charging unnecessary fees and surcharges, encouraging borrowers to lie about income levels to secure loans, and charging higher…
Read More »

Posted in Consumer Protection | Tagged | Leave a comment

Consumer Protections Could Be Lessening: Watch Out for Unfair Lending Practices

There are actions being taken in Congress right now to lessen the strength of agencies designed to keep consumers safe from unfair practices, such as the Consumer Financial Protection Bureau (CFPB). Some politicians criticize these agencies, claiming that they are harming businesses that are just trying to operate as they have been. In a country ravaged by unfair lending practices and student debt, consumers need to be very careful when engaging in transactions with these companies. Another target is the Dodd-Frank wall street reform passed in 2010, following the great recession. This rule strengthened regulation on financial industries and lending practices. Unfair lending tactics can be illegal, and learning what they are can help you find out if you are being victimized. Watch Out for These Unfair Lending Practices Loan flipping: This practice occurs when borrowers are convinced to refinance their mortgage with the promise of more money coming back…
Read More »

Posted in Consumer Protection | Tagged , | Leave a comment

Potential Product Liabilities Associated with Legalized Pot

The legalization of marijuana has gained tremendous momentum over the past few years and doesn’t appear to be slowing down. According to a report obtained by The Huffington Post, experts have said that legal marijuana is among the fastest growing markets in the United States, even faster than smart phones. The expectation is that 14 more states will legalize the drug within the next five years and legal marijuana will generate $10.2 billion annually by 2018. As more and more states legalize the drug and the market continues to grow, manufacturers need to be aware of product liability lawsuits which are likely to come from this. New Jersey, of course, has not legalized pot for recreational use – as Colorado and Washington have done. Medical marijuana, heavily regulated and prescribed by physicians, is legal in NJ. First, the legalization raises the question of whether marijuana manufacturers have an obligation to…
Read More »

Posted in Consumer Protection | Leave a comment