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Archive for » October, 2005 «

Loren Steffy of the Houston Chronicle wrote an article about a man who had an HSBC credit card, overlimit fees, and a desire to fight HSBC using tactics they used on him. You can do it too, by printing an invoice and mailing it to HSBC, HSBC Finance (the old disgraced predatory lender Household International with a new name) or any other offending part of HSBC. This article is suggested reading and can be seen here. It is motivational if you have a problem with HSBC and want results.

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New website Database of Bands came out of beta testing and is ready to receive website listings from U.S. bands and musicians. As you can tell from the name, Database of Bands is a central database of bands, music groups, and musicians. When submitting information you can describe your band, music genre, availability and more.

Database of Bands is the newest sponsor of HSBC Watch Consumer Advocates. “HSBC Watch is proud to announce this new sponsor. Given the high amount of daily traffic to HSBC Watch we are sure this relationship will be mutually beneficial” a spokesperson said.

A new dedicated forum for HSBC NV was created on October 17, 2005 within the HSBC Watch forums. Many consumer complaints indicate HSBC NV is now on their credit reports as identity theft or credit card fraud. Although many reports about HSBC NV are found by searching our website, the problem with HSBC NV has turned into a trend.

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Businesses won’t find the problems that consumers do when trying to file for bankruptcy under the new law. Lawless warns that the problems will come after the business filing is done. “There are provisions that make it harder for businesses to get through Chapter 11 and there are expanded paperwork requirements,” he said.

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New rules taking effect today could shrink the number of bankruptcy lawyers and increase costs for those seeking debt relief.

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