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...Since so many of these troubles tend to fit patterns, J & M can rely heavily on standard legal forms. As a result, the lawyers, who generally have at least four years of experience, can handle cases more quickly-the key to any clinic's low fees. To make payment even less painful, J & M accepts credit cards...

Author: /time Magazine | Title: Law: Over-the-Counter Advice | 8/24/1981 | See Source »

...American financial system still relies on air service, despite the great growth in electronic fund transfers, the method of automatically switching money from one bank to another via computer hookups. To receive payment on checks deposited by customers, banks must physically transport them to regional clearing centers that are operated by large banks and Federal Reserve branches. The funds can then be processed...

Author: /time Magazine | Title: The Economic Perils of Chaos Aloft | 8/17/1981 | See Source »

...quick succession by two others of $15,000 and $10,000, the latter a six-month one with an annual interest rate of 25%. The failure of the last mortgage triggered a foreclosure on the house, one of hundreds in California in recent months. The rate of delinquent home payments has also jumped in the past two months in the state. In Contra Costa County near San Francisco, the number of delinquent payment notices was 200 a month last year; now it is nearly 400 monthly...

Author: /time Magazine | Title: Housing's Roof Collapses | 8/17/1981 | See Source »

...barreled two-step." The plan allowed Conoco shareholders to choose whether to receive $98 per share in cash or tax-free units of 1.7 Du Pont shares worth about $80. The offer was attractive to many investors because it had no strings attached and provided them two forms of payment...

Author: /time Magazine | Title: And the Winner Is. . . | 8/17/1981 | See Source »

...Zurich, meanwhile, representatives of Western and Japanese banks agreed on a proposed plan to postpone payment of some $3 billion in Polish debts falling due this year, part of the staggering total of $27 billion that Warsaw owes to non-Communist banks and governments. A Polish government delegation concurred in "the spirit" of the proposal, whose exact terms were not disclosed, but will not give its reply until next month...

Author: /time Magazine | Title: Poland: Now the Real Challenge | 8/3/1981 | See Source »

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