Bankruptcy
Oct. 12, 1999
Money Matters
Money Matters Reversing the Tide of Bankruptcy Filings Requires Community Outreach By Maureen A. Tighe The upsurge in nationwide bankruptcy filings, which topped $1.4 million for the first time last year, has led to sweeping bankruptcy reform proposals. Because new legislation may ultimately realign the balance of debtor protections and creditor rights, one thing remains clear: Many Americans simply do not possess the most fundamental money-management skills required to cope in today's world.
The upsurge in nationwide bankruptcy filings, which topped $1.4 million for the first time last year, has led to sweeping bankruptcy reform proposals. Because new legislation may ultimately realign the balance of debtor protections and creditor rights, one thing remains clear: Many Americans simply do not...
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