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December 2017 Archives

Debt-reduction calls via robocalls

Did you know that the National Do Not Call Registry contains more than 229 million phone numbers, and more than 7.1 million complaints to the Federal Trade Commission were received from November 2016 to October 2017? The majority of calls: marketing calls for debt reduction, warranty plans, and vacation and timeshare plans.

Bankruptcy controls foundation's funds

The University of Wisconsin-Oshkosh Foundation filed bankruptcy in August. The foundation was suffering severe financial problems after making some poor real estate deals. The foundation also purchased former Chancellor Wells' home, which they purchased for $450,000 in 2013. That was $120,000 more than it was valued at. Wells has since retired.