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	<title>JusticeTimes.com &#187; Bankruptcy</title>
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	<link>http://justicetimes.com</link>
	<description>Your Non-Partisan Watchdog</description>
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		<title>Inflation Meter On Track for 12.3% for 2009</title>
		<link>http://justicetimes.com/2009/02/24/inflation-meter-on-track-for-123-for-2009/</link>
		<comments>http://justicetimes.com/2009/02/24/inflation-meter-on-track-for-123-for-2009/#comments</comments>
		<pubDate>Wed, 25 Feb 2009 04:27:14 +0000</pubDate>
		<dc:creator>Ronomundo</dc:creator>
				<category><![CDATA[Constitutional Justice]]></category>
		<category><![CDATA[Economic Justice]]></category>
		<category><![CDATA[Governmental Justice]]></category>
		<category><![CDATA[Tax Justice]]></category>
		<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[investment capital]]></category>
		<category><![CDATA[Spending Will Increase Inflation]]></category>

		<guid isPermaLink="false">http://justicetimes.com/?p=2117</guid>
		<description><![CDATA[by Ron Bartels, Ph.D &#8211; Sponsored by Legalzoom and Jurisdictionary Additional Spending Will Increase Inflation Index   Here are the current numbers from the U.S. Treasury.    The nation&#8217;s money supply is soaring. Here are the numbers for the past year, as measured by M2. * In January of last year the money supply stood at $7.3 trillion * As of this January the money supply now stands at $8.2 trillion The Fed claims they&#8217;re doing this to save the economy. They also claim they&#8217;ll be able to withdraw this new money as soon as the economic recovers. They plan to do this buy selling various financial instruments they&#8217;ve purchased with their funny money. Then the next step of their plan is to retire the dollars they receive in return for these assets, thereby shrinking the money supply before it causes price inflation.  (They know better but this sounds nice to first year economic students and others who do not understand how the financial markets function.) There are only two ways to account for all the overspending, other than bankruptcy.  Increased taxation and increased inflation.  Due to the huge amount of spending, they will use both tools.  Said another way, if [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>What&#8217;s Tipping Americans into Bankruptcy?</title>
		<link>http://justicetimes.com/2009/02/15/whats-tipping-americans-into-bankruptcy/</link>
		<comments>http://justicetimes.com/2009/02/15/whats-tipping-americans-into-bankruptcy/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 03:22:43 +0000</pubDate>
		<dc:creator>Ronomundo</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Financial Justice]]></category>
		<category><![CDATA[bankruptcy filings]]></category>
		<category><![CDATA[cost of education]]></category>
		<category><![CDATA[credit card accounts]]></category>
		<category><![CDATA[Credit Card Debt]]></category>
		<category><![CDATA[economic recession]]></category>
		<category><![CDATA[Housing Costs]]></category>
		<category><![CDATA[mortgage payments]]></category>
		<category><![CDATA[Student Loans]]></category>

		<guid isPermaLink="false">http://justicetimes.com/?p=1907</guid>
		<description><![CDATA[by B. Kaiser &#8211; Sponsored by Legalzoom Important Things You Need To Know Now!   Tough times never last but tough people still do.   It&#8217;s no secret that times are tough. Food and housing costs are skyrocketing as we settle into an economic recession; Americans are clearly struggling. In a recent report released by the Administrative Office of the U.S. Courts, there were more than 950,000 bankruptcy cases filed between July 1, 2007 and June 30, 2008. That&#8217;s a 28.9% increase from the same timeframe the previous year.   And it&#8217;s not just individuals facing this dilemma. Of the total bankruptcy filings, there were 33,822 business filings—up 41.6% from the previous year.   What&#8217;s going on? Where is all the money going? Take a look to see what&#8217;s tipping Americans into bankruptcy—and find out how you can make sure you&#8217;re not in danger.   Housing Costs   The meltdown of the mortgage industry was tough on the economy, and homeowners have had it the toughest. Families who can&#8217;t afford their monthly mortgage payments risk losing their homes in foreclosure. Declining home values are making the problem worse since homeowners can&#8217;t count on loans against the value of their homes [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>You Are in Famous Company If You File Bankruptcy</title>
		<link>http://justicetimes.com/2008/11/25/you-are-in-famous-company-if-you-file-bankruptcy/</link>
		<comments>http://justicetimes.com/2008/11/25/you-are-in-famous-company-if-you-file-bankruptcy/#comments</comments>
		<pubDate>Wed, 26 Nov 2008 04:17:27 +0000</pubDate>
		<dc:creator>Ronomundo</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Fair Access Amendment]]></category>

		<guid isPermaLink="false">http://justicetimes.com/?p=1583</guid>
		<description><![CDATA[by Ron Bartels Tough Times Never Last But Tough People Do You Can Feel Good &#8211; All Issues Get Dealt With Ok so you hit a low point in the financial aspect of your life. Stop beating yourself up! You are NOT ALONE! Many famous people have filed Bankruptcy and went on to great accomplishments and huge financial success! Wanna feel better? Below, you will find a list of many Famous People who have filed for Bankruptcy &#8211; JUST LIKE YOU!!! Smile! There is Life After Debt! You can hold your head up high. You faced your debts and managed them instead of having them manage you. Yes! There is Life After Debt! So many clients have expressed that they are reluctant to file for bankruptcy because they are afraid they will be considered failures and irresponsible by the public. They do not realize that many people, including famous celebrities, US Presidents, authors, musicians, politicians, great inventors and even industry leaders have faced similar financial difficulties and filed for bankruptcy to discharge their debts. Grab a piece of paper and a pencil and make 2 columns label one &#8220;Pros&#8221; and one &#8220;Cons&#8221; start listing all of the pros and cons [...]]]></description>
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		<slash:comments>23</slash:comments>
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		<title>How to Avoid Bankruptcy-Related Scams</title>
		<link>http://justicetimes.com/2008/11/25/how-to-avoid-bankruptcy-related-scams/</link>
		<comments>http://justicetimes.com/2008/11/25/how-to-avoid-bankruptcy-related-scams/#comments</comments>
		<pubDate>Wed, 26 Nov 2008 02:07:07 +0000</pubDate>
		<dc:creator>Ronomundo</dc:creator>
				<category><![CDATA[Consumer Justice]]></category>
		<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Fair Access Amendment]]></category>
		<category><![CDATA[scams]]></category>

		<guid isPermaLink="false">http://justicetimes.com/?p=1572</guid>
		<description><![CDATA[by Ron Bartels Consumer Justice &#8211; Scams Bankruptcy Can Save a Lot of Headaches A number of companies and individuals take advantage of people who are in debt and currently deciding whether to file for bankruptcy. Falling for such a scam may make it harder to convince a judge to grant you a bankruptcy petition, and it can cost money that you can&#8217;t afford to pay. However, you can avoid bankruptcy-related scams fairly easily. Here are tips. Avoid credit repair or credit counseling services that are not associated with established nonprofit organizations. Credit counseling services that charge fees to improve your credit and prevent bankruptcy are scams. A lot of these organizations cherge an upfront fee to cover their sales commissions and nothing goes to your creditors for anywhere from 1 to 3 months. Many of these organizations have a risky track record and some operators have been convicted of fraud. Think twice before using a typing service or bankruptcy petition preparer. Such scams offer to prepare your bankruptcy paperwork, but are notorious for the number of errors they make. Such errors can cause a judge to dismiss a petition, making it difficult to appeal. I would stick to a [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Banks Now Want To Forgive Credit Card Debt</title>
		<link>http://justicetimes.com/2008/10/31/banks-now-want-to-forgive-credit-card-debt/</link>
		<comments>http://justicetimes.com/2008/10/31/banks-now-want-to-forgive-credit-card-debt/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 21:53:25 +0000</pubDate>
		<dc:creator>Ronomundo</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Economic Justice]]></category>
		<category><![CDATA[Financial Justice]]></category>
		<category><![CDATA[Political Justice]]></category>
		<category><![CDATA[charge-off rates]]></category>
		<category><![CDATA[credit card]]></category>

		<guid isPermaLink="false">http://justicetimes.com/?p=1099</guid>
		<description><![CDATA[by Ron Bartels Economic Justice &#8211; Bankruptcy After They Had Congress Pass Legislation Against It October 31, 2008 &#8211; Credit card debt is spiraling out of control and creating another global financial downturn, and banks already suffering from the mortgage crisis are losing billions more from unpaid credit card bills. Now the banks have formed an unusual alliance with consumer advocates to urge the government to allow huge portions of credit card debt to be forgiven, a turnabout from recent years when the banking industry lobbied strenuously to make it harder for consumers to erase their credit card debts in bankruptcy. First they want to trap you into unforgivable debt, then they want their debt &#8211; (noncollectable &#8211; taken off the books so they can write it off) This new beta program &#8211; which the banks hope will become permanent &#8211; could involve up to 50,000 people struggling with credit card debt. On an individual basis, the amount of debt to be forgiven would rise according to the severity of the borrower&#8217;s financial situation, up to a maximum of 40 percent. &#8211; Does this seem fair to you?  They want a 100% write off but only want to give their [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Is Bankruptcy The Right Way To Go?</title>
		<link>http://justicetimes.com/2008/10/23/is-bankruptcy-the-right-way-to-go/</link>
		<comments>http://justicetimes.com/2008/10/23/is-bankruptcy-the-right-way-to-go/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 02:03:52 +0000</pubDate>
		<dc:creator>Ronomundo</dc:creator>
				<category><![CDATA[Collection Justice]]></category>
		<category><![CDATA[Consumer Justice]]></category>
		<category><![CDATA[Economic Justice]]></category>
		<category><![CDATA[Financial Justice]]></category>
		<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[bankruptcy rules]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[chapter 7]]></category>
		<category><![CDATA[medical insurance]]></category>

		<guid isPermaLink="false">http://justicetimes.com/?p=655</guid>
		<description><![CDATA[By: Frank Hague Here Are The Facts &#8211; You Decide There are 2 sides to the changes in bankruptcy rules. It will be a lot harder to file bankruptcy under chapter 7 and get a totally clean slate. For businesses, relying on issuing credit, the new personal bankruptcy law is doing great, reducing personal bankruptcy claims from the thousands to double digits (in the short run). However, lawyers working with the actual people filing for bankruptcy say that the new law is seriously flawed because it puts more financial burdens on already broke clients and reduces potential debt repayment to small businesses. And then of course you have the credit card companies charging high interest rates which in quite a few cases caused the bankruptcy in the first place. According to some financial specialists, much of the debt people accumulate is a result of keeping up with the Joneses and not thinking ahead. For 80% of clients counseled each month, the debt is credit card related and averages $32,000 &#8211; a result of six to eight cards. Consumer credit organizations say the new law provides debt-reducing strategies for those considering filing bankruptcy and curbs abuse. Under the new law it [...]]]></description>
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