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NE Bankruptcies Fall |
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Bankruptcies have dropped 73% nationwide with Nebraska dropping more than 69% in 2006 thanks to
Bankruptcy reform!
"The New Bankruptcy Law Reverses the Old Trend"
Under the old Bankruptcy
system individuals could relieve the burden of medical and unsecured credit
card debt by filing a couple of simple forms. It became the norm
rather then the exception and it was considered a common and
accepted practice. In some social circles, people would vainly brag
on how many times they had filed and beat the system.
Times have changed; now the courts
force those who meet the new guidelines to forgo credit counseling
before any consideration of full bankruptcy!
Bankruptcy is
no longer the cash cow of America!
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