Write Lightning is a blog from writer Deb Thompson.
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Mon, Apr 25 2005
With Apologies To The True Rappers Out There: Prevention Of Deflection Does Not Constitute
Correction
Most articles I've seen on the new bankruptcy laws concentrate on the effects of the laws when it comes to overextended credit, particularly the use of credit cards. Rob over at Gut Rumbles offers another take on the type of debt that might be getting a lot of people into trouble.
There is a PDF file showing bankruptcy statistics for the fourth quarter of 2004. Whatever is causing the filings, the folks in the South and the Midwest made up a significant portion of the numbers. I honestly thought I'd see more claims from California because of the high cost of home ownership here.
I wonder if anyone is compiling more of the type of data Rob spoke of in his posting. It might help us all in the future to know know what the real crunch is that brings most people to file. If our legislators have spent nearly a decade's worth of time (not to mention the tax money) studying this whole issue the least they can do is spend a little time helping taxpayers figure out how to avoid being in the position of having to file in the first place.
posted at: 09:59 | category: /Politics | link to this entry
Correction
Most articles I've seen on the new bankruptcy laws concentrate on the effects of the laws when it comes to overextended credit, particularly the use of credit cards. Rob over at Gut Rumbles offers another take on the type of debt that might be getting a lot of people into trouble.
There is a PDF file showing bankruptcy statistics for the fourth quarter of 2004. Whatever is causing the filings, the folks in the South and the Midwest made up a significant portion of the numbers. I honestly thought I'd see more claims from California because of the high cost of home ownership here.
I wonder if anyone is compiling more of the type of data Rob spoke of in his posting. It might help us all in the future to know know what the real crunch is that brings most people to file. If our legislators have spent nearly a decade's worth of time (not to mention the tax money) studying this whole issue the least they can do is spend a little time helping taxpayers figure out how to avoid being in the position of having to file in the first place.
posted at: 09:59 | category: /Politics | link to this entry
