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Total Bankruptcy
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Bankruptcy
Blogged date : 2006 Oct 14
Credit industry "experts" and consumer
bankruptcy attorneys have debated the impact of the October 17, 2005
bankruptcy law change for well over a year now, and are no closer to agreement. But a simple statement from the Administrative Office of the U.S. Courts seems to put the matter in perspective: “As more months go by, filings may increase again because consumers will continue to experience the kinds of financial difficulties that lead them to file for bankruptcy — overspending, loss of employment, loss of health insurance, major illness, and divorce.”