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JP Morgan Close to $13 Billion Mortgage Settlement

The federal government and one of the biggest names in banking are close to reaching a settlement in mortgage-securities litigation. JPMorgan has tentatively agreed to pay approximately $13 billion to settle civil cases pending with the Federal Housing Finance Agency, the Justice Department and the New York Attorney General.

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Hotel Accused of Price Gouging After Superstorm Sandy

William McGarry the former manager of the Bridgeport Holiday Inn alleges in a lawsuit that his former employer fired him after he refused to raise rates on the hotel’s rooms and impose minimum stays as well after last year’s Superstorm Sandy.

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Foreclosures Recede as Housing Rebounds

Is the housing market back to normal yet? According to experts in the field the answer to that question is, “No, we are getting close, but aren’t there yet.” Although the number of foreclosed homes across the nation continues to fall, the number still remains higher than normal.

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Land Deal Questioned by Hartford Residents

How could a $500,000 property in Hartford, a city facing a $70 million deficit, be sold for $1.00? This is a question many Hartford residents are asking themselves.

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Starting a Business

Every year, thousands of people in the United States launch small businesses to sell their products or services. Although some of these businesses grow and become successful, many others fail.

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Tax Lien Purchases

One Hartford homeowner has lived in the same house for thirty-seven years. Butch Lewis raised his children in his home on Vine Street. When the drug dealers tried to take over the neighborhood, Lewis formed a neighborhood watch group and ran the drug dealers out.

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Security Deposit Disputes

The Statewide Legal Services of Connecticut, an agency that assists low-income clients in dealing with landlord disputes, commented that in recent years the agency is taking many more calls than they have in the past from tenants claiming their landlords won’t return their security deposits.

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Motorcyclist Killed in Crash May Have Been Pursued by Police

Maurice Drexel Adams crashed his motorcycle early Saturday morning, August 31. Tragically the 27-year-old father of two was fatally injured in the crash and was pronounced dead several hours later at Yale-New Haven Hospital.

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Legal Tips for Purchasing Office Space

When you no longer want to rent office space and have made the decision to purchase your own commercial property instead, many details need to be taken into consideration. Perhaps the most important aspect of a business is its...

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Governor Malloy Signs Legislation Protecting Homeowners

On August 13th, Connecticut Governor Dannel P. Malloy signed a bill (a ceremonial signing) in Stamford aimed at protecting homeowners who are facing foreclosure. At the signing, Governor Malloy said, “We must continue to do everything we can to help homeowners when they fall behind or when their homes go into foreclosure.”

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