Document Type
Article
Publication Date
2009
Abstract
Modern technology has made it easier than ever for scammers, legitimate businesses with dubious intentions, and even charities to take advantage of telemarketing. For reasons including reduced mental faculties and loneliness, the elderly are increasingly at risk for losing money, credit, and ultimately independence to those who would exploit them. In this Article, Professor Martin explores the benefits of existing regulations, bankruptcy, and reverse mortgages as solutions to these problems. Professor Martin also recommends a new default rule for elderly consumers: no solicitations unless the consumer opts in.
Publication Title
Elder Law Journal
Volume
17
First Page
1
Last Page
30
Recommended Citation
Nathalie Martin,
Consumer Scams and the Elderly: Preserving Independence through Shifting Default Rules,
17
Elder Law Journal
1
(2009).
Available at:
https://digitalrepository.unm.edu/law_facultyscholarship/686
