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85K jobs lost, personal bankruptcies up - DrTorch - 01-08-2010 08:50 AM
http://articles.moneycentral.msn.com/Investing/Dispatch/market-dispatches.aspx?post=1534981&_blg=1,1534981
http://articles.moneycentral.msn.com/Banking/BankruptcyGuide/personal-bankruptcy-filings-rise-fast.aspx
Is this what recovery looks like?
RE: 85K jobs lost, personal bankruptcies up - WoodlandsOwl - 01-08-2010 09:08 AM
(01-08-2010 08:50 AM)DrTorch Wrote: http://articles.moneycentral.msn.com/Investing/Dispatch/market-dispatches.aspx?post=1534981&_blg=1,1534981
http://articles.moneycentral.msn.com/Banking/BankruptcyGuide/personal-bankruptcy-filings-rise-fast.aspx
Is this what recovery looks like?
It is real easy to pass the 'means test" for Chapter 7 if you haven't worked in 6 months. You don't qualify for Chapter 13 anyway unless you have "regular income." No job, no regular income.
RE: 85K jobs lost, personal bankruptcies up - bubbapt - 01-08-2010 09:42 AM
Christina Romer, Chair of the Council of Economic Advisers in the Obama administration, is on CNBC right now, and I think this may be an even worse performance that Napo's press conferences.