Reader comments
Bankruptcies low in states that don't seize wages
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anonymous | 10:51 p.m. July 5, 2009
"States that allow debt collectors to seize consumers' wages have
sharply higher bankruptcy rates than neighboring states that prohibit or
strictly limit the practice, an Associated Press analysis has found." --
really? I would have never have guessed.
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Dave | 7:43 a.m. July 6, 2009
It's a crisis, we obviously need Gov funded bankruptcy protection
insurance.
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Anonymous | 7:47 a.m. July 6, 2009
The financial services industry is going to kill itself by pushing harsh
sanctions on consumers. The 2005 bankrupcty bill is a disaster. And it is
unfortunate that Congress was convinced by the lobbyists (including those for
credit unions), to pass this awful legislation. If consumer debt, and consumers
ability to get back on their feet, continue to worsen, the threat to the economy
will worsen, and banks will suffer more.
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