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Tag Archives: filing bankruptcy

Wisconsin Bankruptcies…

From Milwaukee:
Bankruptcy filings in Wisconsin jumped 30% in the first half of the year, with a growing number of people in their late 40s and 50s who have lost their jobs among those seeking relief from debt.
Full coverage here:
http://www.jsonline.com/business/51317777.html

Seizing Wages

Do you think that a consumers’ wages should be able to be seized if she files bankruptcy?
Interesting question:
Five states, including North Carolina, that prohibit or limit the practice of seizing consumers’ wages have much lower personal bankruptcy rates than the nation as a whole, according to an analysis by The Associated Press.
Click here to read [...]

Are You Using The Net To Look For Financial Advice?

Here’s something new:
More than two-thirds of American adults — or 88 percent of U.S. Internet users — went online for help with recession-induced personal economic issues and to gather information on national economic problems, a study released on Wednesday said.
Click here for the rest:
http://www.reuters.com/article/technologyNews/idUSTRE56E6WJ20090715

Counterpoint To Medical Reasons From Yesterday

Listen to this…
It is in direct contradiction to the article posted yesterday…
New study shows that middle-class, insured Americans were driven to bankruptcy by medical debt associated with soaring healthcare cost they couldn’t afford.
Anyone know who’s right or who’s wrong?
Read the rest over here:
http://www.examiner.com/x-15753-SF-Wellness-Exa

Are medical Bills The Reason For Bankruptcy Filings?

OK, listen up…
Here is more on the medical issue:
The idea that large numbers of Americans are declaring bankruptcy due to medical expenses is a myth.  Therefore, the introduction of government-run health insurance in the United States will do nothing to reduce personal bankruptcies, concludes a new study by the Fraser Institute.
Click here to read the [...]