No Easy Way Out of Credit Card Debt
The ramifications of the new Bankruptcy Act continue to be felt across the country. This article is another in a long string of articles we have seen lately examining the debtor's plight under the new laws. Michael Rappaport's article contains suggestiosns or how one can hopefully avoid facing bankruptcy in the first place - something we should all educate ourselves on. Especially interesting is the discussion of young people being sucked into a life-long debt habit, one that could cost them thousands of dollars over their lives if they blindly accept the use of all the credit cards being offered every day in this country.