Archive for December 2019

Credit card companies, big banks, and even medical institutions have done a great job of convincing the American public that bankruptcy  is the boogeyman. A thing to be avoided at all costs. Meanwhile, corporations declare Chapter 11 whenever they get into trouble, and nobody loses any sleep over it. What’s bankruptcy really like? Is it…

Technically, the United States of America isn’t supposed to have debtor’s prisons. However, in some areas of the country, low income people are fighting to stay out of jail because they owe debts they can’t pay.  Creditors are getting around the law by suing debtors, winning judgments against them, scheduling debtor’s exams and then having…