Medicated Money

Wednesday, March 29, 2006

This Is Just Sad!

I saw this article today while reading some of our bookmarked sites. Hard to believe this many American's claim bankruptcy. Whether filing for Chapter 7 or Chapter 13, bankruptcy ruins your financial future. What's more upsetting is the fact that under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, most of these American's are still in store for a whole lot of hurt and not much help. I understand and agree that this law was passed to get financial deadbeats who have taken on debt they can't afford to pay up. But, unfortunately, they are getting the same treatment as those Americans who are in debt due to finances that have occurred because of loss of their job, high medical bills, or major catastrophes. And the fact that so many Americans are willing to file and give in to the pains of bankruptcy, this is just sad!

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