Bankruptcy Business Good

2000+ Bankruptcies Filed Daily Means Attorneys Need MBA Services

With the dramatic increase in petitions being filed combined with staff having to know the new laws effective the last quarter of 2005, there is now more work placed on attorneys than ever before but there is a solution.

Panama City, FL (PRWEB) August 25, 2006 -- As the news headlines are reporting, bankruptcy filings have soared to over 2,000 per day with the potential of total filings reaching 1,000,000 by end of year. This dramatic increase in petitions being filed and the new laws that went into effect October 2005 means more work on the attorneys and their staff.

Victoria L. Rivera, president of MyBankruptcyAssistant.com, provides petition preparation services to attorneys. This allows the attorney the freedom for more billable hours.

The average billable time savings amount to an average of 7.5 hours per filing. By utilizing the services of MBA[My Bankruptcy Assistant, the attorney can figuratively save one work day for each client they have that files a bankruptcy petition.

My Bankruptcy Assistant provides personalized Client Intake Forms with the law firm's name, telephone and fax in electronic format to allow for quick distribution to the client, based on their internet/email access. These forms can be loaded to the lawyer's website for the client to access and download, the forms can be emailed to the client or printed at the office and handed to the client.

MyBankruptcyAssistant.com saves time by providing the Client Intake Interview, Pre-petition Follow-up, Petition Drafting, Online Research, and Client Follow-Up. All of these things will aid in reducing excessive telephone calls from clients, reducing overhead for employee space, equipment and benefits. With the benefits of the internet, MBA can assist attorneys in all states.

Services are tailored to meet the needs of the individual attorney or small firm. Client Intake Forms can be sent to MyBankruptcyAssistant.com electronically via email or faxed for preparation.

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Press Contact: Victoria Rivera
Company Name: My Bankruptcy Assistant
Phone: 850-647-3113
Website: http://www.mybankruptcyassistant.com

Student Loan Shop Gets Website

The Student Loan Shop.com Gets Facelift and New Website

The Student Loan Shop, a student loan consolidation start-up, is excited to announce its updated and enhanced website.

San Diego, CA (PRWEB) July 13, 2007 -- A recent survey by MoreVisibility.com, a leading search engine marketing company, confirmed that more 12 percent of those polled, had never updated their Web sites. Wanting to reach more graduates and parents on line, the Student Loan Shop decided to invest into their website, giving their clients an easier platform to consolidate their student loans.

The new website features on line applications, a blog, breaking news and other improved features that the company will release in upcoming months.

The site also has a place where borrowers can apply on line. After users submit their applications, the company's highly trained Education Financial Consultants will review, contact and process the application within 24 hours. Realizing the potential threat of identity theft, the company will never ask for a social security number or other sensitive information.

Mark Archer, Director of Marketing of The Student Loan Shop, and student loan consolidation blog points to the enhanced security and added features.

"Our clients are obviously our greatest asset. The security of their personal information is paramount and we feel our website gives them the features they desire with the added security they desire."

Federal Student Loan Consolidation is a free federal government managed by the Department of Education. The program allows borrowers to consolidate several loans into one single loan with one single payment. Rates are derived by using a "weighted average" of all existing loans and capped by the US government. Because of the program's easy and attractive terms, many borrowers enjoy immediate debt relief and monthly savings up to 60%.

Archer continues, "This is a free government program that many lenders refuse to tell their clients about. Congress created the student loan consolidation program to simplify repayment and to make payments more affordable for the newly graduated borrower whose income may not yet be sufficient to afford repayment. Eligible Students often cut their monthly payments up to 60%. Our company understands that student loans and student loan consolidation can be a overwhelming experience. Our staff is in the business of education. We understand that an educated client is a happy client. "

To consolidate your student loan, or find more information about student loans, student loan consolidation and breaking news about college loans, logon to The Student Loan Shop or call 800-748-0504. The company's operating hours are Monday through Friday from 8AM to 7PM PST.

Contact
R.G. Romo
438 Camino Del Rio South
San Diego, CA 92108
800-748-0504
www.thestudentloanshop.com

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Press Contact: R.G. Romo
Company Name: The Student Loan Shop
Phone: 800-748-0504
Website: www.thestudentloanshop.com

Plastic Card Security Act

Minnesota Plastic Card Security Act advances

News Release - April 11, 2007 - The Senate Committee on Commerce and Consumer Protection recommend the passage of legislation aimed at protecting consumers from credit card fraud on Tuesday. The Committee referred the bill, Senate File 1574, to the Senate's Judiciary Committee.

The legislation, authored by Sen. Mary Olson, DFL - Bemidji, prohibits companies or retailers from keeping the secure information stored on a credit- or debit-card's magnetic strip in their computer databases after a transaction is completed. The magnetic strips on payment cards contain sensitive information such as the customer's name, account number, PIN, card expiration date, and security code data.

"Credit card fraud can be devastating to consumers," said Sen. Olson. "It often takes months or years to completely resolve fraudulent charges, and to reestablish one's credit. Companies and merchants should not be allowed keep this information where it can fall into the wrong hands."

Currently, payment card industry standards prohibit companies from retaining magnetic strip information. Sen. Olson's bill would put these industry standards into Minnesota law, allowing the state to impose penalties on companies that are not securely purging their customers' private information from their computer systems.

Sen. Olson cited the recent security breach at TJX, the parent company of T.J. Maxx, Marshall's, and several other retailers, as one of the primary reasons for bringing this bill forward. Investigators estimate that hackers gained access to private information from an estimated 45 million credit- and debit-cards in the breach, which TJX had stored in their computer system. Florida investigators have charged six people in connection with the breach, claiming they used this stolen credit card information to make over $8 million in fraudulent purchases.

"The TJX scandal confirms the need for this legislation," said Sen. Olson. "Consumers trust companies to protect their financial information. The state should take an active role in ensuring that companies take that trust seriously."

Sen. Olson's legislation also specifies that a company or retailer violating this provision is responsible for both notifying their customers and covering the expenses of potential fraud if their customer's information is compromised. Currently, the responsibility for notification and fraud repayment typically falls on the financial institution backing the credit card. This responsibility will only be shifted to retailers if they are found to have improperly stored credit card information.

The Commerce Committee took lengthy testimony on the bill, hearing from both banking and credit union representatives who issue cards and from witnesses representing the retail industry. After retailer representatives expressed concern about some provisions of the bill, Sen. Olson asked the Committee for an opportunity to resolve the differences between the two groups. After negotiating for several hours, Sen. Olson re-presented the bill late Tuesday night and offered an amendment that addressed practical difficulties the retailers raised with implementing the proposed legislation.

"I'm pleased we were able to find common ground on this issue," said Sen. Olson. "This bill offers protection to consumers, while not placing unnecessary or undue hardships on businesses."

Rep. Jim Davnie, DFL - Minneapolis, is carrying companion legislation in the House of Representatives. The bill, House File 1758, has passed through several committees, and is awaiting a vote on the House floor.

For more information, please contact Sen. Olson's office at (651) 296-4913, or sen.mary.olson@senate.mn.

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State Senator Mary A. Olson
District 04
124 Capitol
75 Rev. Dr. Martin Luther King Jr. Blvd.
St. Paul, MN 55155-1606
Telephone (651) 296-4913
sen.mary.olson@senate.mn