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Job Losses, Home Value Erosion Driving Up Middle Class Bankruptcies

Bankruptcy Law Network President Jay S. Fleischman of Brooklyn tells New York Times readers that increased bankruptcy filings are caused by job losses and erosion of home values. ?We are seeing debt-collection efforts really being ratcheted up over the last couple of months,? said Fleischman. ?What we?re seeing is the debts being sued upon far earlier [...]div class="feedflare" a href="http://feeds.feedburner.com/~f/debtpodcast?a=31WwO"img src="http://feeds.feedburner.com/~f/debtpodcast?i=31WwO" border="0"/img/a a href="http://feeds.feedburner.com/~f/debtpodcast?a=UIi1O"img src="http://feeds.feedburner.com/~f/debtpodcast?i=UIi1O" border="0"/img/a a href="http://feeds.feedburner.com/~f/debtpodcast?a=tPchO"img src="http://feeds.feedburner.com/~f/debtpodcast?i=tPchO" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/debtpodcast/~4/487704870" height="1" width="1"/

Full post as published by The Debt Podcast on December 17, 2008 (boomark / email).