1.Click anywhere in the box below & press Control A to select all.Take a look at this:
http://www.boston.com/bostonglobe/
The article features an interview about an author who is writing about this debt phenomenon in his new book. He answers a question about why people file for bankruptcy, stating:
…mostly because of medical bills or short-term unemployment…
We’ve reported on this reason in several of our post (especially the longer ones- see the left hand side)…
More bankruptcy news tomorrow…
Bankruptcy and Medical Bills...
Credit Card Debt Relief...
The 3 Main Reasons For Filing Bankruptcy...
More On Medical Debt:...
Medical Bills & Bankruptcy…...
Guest Post On Debt Settlement…!...
Bankruptcy Student Loans...
Bankruptcies in Raliegh NC...
Catching Up After Filing For Bankruptcy...
Filing Chapter 7 Bankruptcy...
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3 Comments
With short term unemployment being a growing problem. In the UK there has been the highest level of unemployment in 20 years.
Along with those reason sited above, peoples easy access to short term hi-interest cash loans are helping the problem. The govermnent needs to regulate those institutions.
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