Sunday, September 03, 2006

Going For Broke: How Ordinary Families Wind Up Bankrupt

Last year, the number of personal bankruptcies ballooned to two million as people rushed to beat last deadline for a new law that made it harder and more expensive for consumers to declare themselves broke. 90% of the families who file for bankruptcy do so following a job loss, a medical problem or a family torn apart by death or divorce.

read more | digg story

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