Blog sponsored by Bankrupt-Law.com


By David Nicklaus
ST. LOUIS POST-DISPATCH
07/02/2006

David Nicklaus

The image of the deadbeat borrower, defaulting on a debt out of sheer
laziness, is a powerful one in the American psyche. Certainly the nation's
bankers used that stereotype to great effect when they persuaded Congress to
overhaul the nation's bankruptcy laws last year.

The trouble is, eight months after the law took effect, the stereotype
doesn't appear to be true.

The new law forces people to ...   more »

Blog sponsored by Bankrupt-Law.com


Rising rates, higher gasoline prices are putting a squeeze on budgets
A gas station customer uses his credit card to pay for his gas purchase in
Des Plaines, Ill. Some consumers may be finding that higher gas prices and
interest rates are squeezing their budgets.
NEW YORK - Rising interest rates and higher gasoline prices are putting the
squeeze on consumers' budgets, and many are finding it harder to keep up
with their bills.
Credit counseling ...   more »