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 »
|
|||||
|
This Month
Month Archive
Search
Subscribe to our Feed
Recent Articles
|
Wednesday, July 5
Theory behind bankruptcy law doesn't seem to hold water
by
BK Blogger
on Wed 05 Jul 2006 11:07 AM PDT
Consumers face challenges in handling debt
by
BK Blogger
on Wed 05 Jul 2006 09:34 AM PDT
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 » Tuesday, June 27
'Zombie debt' comes back to haunt consumers
by
BK Blogger
on Tue 27 Jun 2006 11:06 AM PDT
Harriet Johnson Brackey
Personal finance June 26, 2006 Latoya Gibson thought debt collectors were never again going to bother her, after she went through bankruptcy several years ago. But the 30-year-old Fort Lauderdale public housing counselor had the kind of debt that never dies. It just keeps popping back up on your credit report. Zombie debt, some call it. It happens when your credit-card company sells off its bad debts. The buyer pays pennies for every dollar you owe and ... more » Sunday, June 25
Debt danger zone
by
BK Blogger
on Sun 25 Jun 2006 10:59 AM PDT
Blog sponsored by Bankrupt-Law.com
More Southland residents owe more than they can afford BARBARA CORREA, Staff writer Wondering whether those weekend shopping sprees, the Tahoe ski trip and all the extras on that "economy car" are making your debt load too heavy? Here's a simple test: If you earn the median income for Southern California and have a car loan, chances are pretty good that you are in or are near the consumer debt danger zone. "Normally, someone should not ... more » |
Consumer Links
Bankruptcy Attorneys
Blogs and Podcasts of Interest
|
|||
|
|||||