NEWS OF: 4/14/2005

Harvard University Study Makes ME Sick

VIEW ALL: Bankruptcy

According to a Harvard University study over 45% of all bankruptcies are due to a health emergency. 90% are due to either health care debt, a job loss or a divorce. And that’s why Rep. Tom Allen is speaking against S. 256, a.k.a. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, on the grounds that it helps large credit card companies at the expense of citizens by filling in the holes in the (albeit) tattered safety net that bankruptcy currently provides. See: Tom Allen

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