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Personal Bankruptcy in America

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GoVentureContributor7055
Jun 1, 2010 09:08 EDT

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Description

Personal Bankruptcy in America
Stan Reybern, BillShrink.com
May 27, 2010


Personal bankruptcy is an option when an individual has too much debt and cannot keep up with their financial obligations. The US Bankruptcy Code was amended in 2005 and added new requirements for those filing bankruptcy. As a result, many fewer Americans filed bankruptcy in 2006. However, the housing market bust, recession, credit crunch and other factors in personal finance are driving the rate of bankruptcy back up, despite the changes in the law.
 
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Details

Personal Bankruptcy in America

Relevant Subject and Topic
Other, Personal Finance and Investment, Other

Types
Photo or Graphic

Features
Graphics

Format
Blog
Webpage

Copyright Owner
BillShrink.com

Most Suitable For Use By
Instructors, Facilitators, Parents, Learners

Age Appropriateness
Adult(19+)
Youth(12-18)

Grade Appropriateness
High School, Postsecondary, Graduate, Adult General

Geographic Suitability
All or Non-Specific

Language
English

Education Standards Maps

Version History

Date Edited
Notes
Jun 1, 2010 09:08 EDT
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