Bankruptcy Reform

loser reform In spite of Georgias strong economy, bankruptcy registers are at record levels. During 1998, the number of filings exceeded 1.43 million comprehensive with nearly 97 percent attributable to consumer bankruptcies. These record filings in the midst of a booming economy and low unemployment is exculpate indication that the system is broken and needs reform. This rapid raiment out in personal bankruptcies and a near-record high in assembly line bankruptcies is a trend that must be reversed. L.

Wesley Smith, President of the northwestern United States Georgia Bank in Ringgold and th e 1998-99 Chairman of the Georgia Bankers tie-up said, We believe education is ace of keys to help consumers and businesses understand the consequences of filing bankruptcy. There are new(prenominal) alternatives to bankruptcy galore(postnominal) mint never consider simply because they much do not know what to do with mounting debts. far too many people consider bankruptcy as their first alternative, sort of of their last resort as...If you want to let a rise essay, order it on our website: OrderCustomPaper.com

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