Samuel Gerdano
Samuel Gerdano
arrest national setting trend year
That's still too much. This could arrest the trend of every year setting a new national record.
arithmetic bill determine elaborate entitled expenses mechanism people relief repay screening sets test
The idea here is that people are entitled to only the relief that they need but no more. So the bill sets up an elaborate screening mechanism with an arithmetic test to determine the debtor's incomes and their expenses -- after which if they can repay some part of their debts.
attached bankruptcy generation impact itself lead personal stigma today
Bankruptcy does not have the same impact today that it did a generation ago, and that may well lead to a diminution of the kind of stigma that formerly attached itself to a personal bankruptcy filing.
adds bad debt drives good household news
The good news is it drives the economy. The bad news is it adds to the household debt burden.