Personal Bankruptcies on the Rise »

Posted By altnrg 11 months, 1 week ago in News

As foreclosures rose in 2008, the total number of consumer bankruptcies also increased to 1.06 million, according to the American Bankruptcy Institute.

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    TheRealizer11 months, 1 week ago

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    Sink the container ships as they hit our ports, and start to manufacture products here in the good old US of A......

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      violetdks11 months, 1 week ago

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      We need to stop letting everyone who thinks they have too many bills to pay and don't want to work a little harder to pay them off get away with bankruptcy, I personally know 3 people, two are women in their 30's who were getting married for the first time and didn't want to take all their bills to their marriage and hid the money given from the parents (talking over 10 thousand each) for the wedding, hid the carat or more diamonds they got, and declared bankruptcy, and both got it. What a rip off to those of us who work our behinds off trying to pay our bills. It makes me sick, now my bills and rates and interest will be affected because they got off scott free. NOT FAIR!!! It is too easy anymore to get away with it, so what, they have husbands now who have good credit and will still provide them will all the credit cards and houses and cars they want. And no past bills to lessen their shopping pleasure.

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        Charlson11 months, 1 week ago

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        The Bush administration made it harder for some people to file bankruptcy. But with the economy in a meltdown, bankrupcy will continue to rise in spite of it.

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          andre241011 months, 1 week ago

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          "Chapter 7 bankruptcy filing was created to help extremely troubled consumer debtors get out of the pit and make a fresh start"

          Isn't it a wise act? :)

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