CREDIT TRAPS AND PAYDAY SNARES
When the GOP Congress passed and President Bush signed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, supporters hailed the measure as a victory for “personal responsibility.”
Three years later, the bill has managed to dent the number of bankruptcies filed in America — from 1.6 million in 2004 to 850,912 in 2007, according to […]
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