1.Click anywhere in the box below & press Control A to select all.Here’s a very well written article about consumers filing bankruptcy.
The question is, who’s really to blame?
On one hand, the creditors were the ones who actually gave out the money..but,
on the other, how many people borrowed money that they reasonably couldn’t ever
pay back?
It even has a pretty good comparison of the present situation regarding the Government
bailout of Bear Stearns…after all, if a bank can get real bankruptcy protection, why can’t
consumers?
Business forum: Credit industry led to bankruptcy filings
Business forum: Credit industry led to bankruptcy filings
A ringside seat in bankruptcy court: On the front lines of the credit crunch, it’s plain to see who’s to blame for the housing crisis — and it’s not primarily the borrowers.
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