I am outraged by the response of the main stream media’s to Michael Moore's movie SICKO. Who’s side are they on? American are facing all kinds of attacks to their well being. Credit Card Debt brought on by Medical Bills, Loss Jobs, Inflation, Gas Prices and on, and on.
This is the beginning of an article that helps to make my point. Click here for the full report.
More than a year after a change in the law sharply reduced personal bankruptcies, the number of Hoosiers filing for bankruptcy is on the rise again. Although the number of filings is still about half the level seen before the bankruptcy law was toughened in 2005, attorneys say credit-card debt and adjustable-rate mortgages are driving more people into bankruptcy.
Southern and Central Indiana residents filed 7,694 bankruptcy petitions with the U.S. Bankruptcy Court of the Southern District of Indiana from Jan. 1 to June 7.
That's an increase of almost 70 percent from a year ago, when there were 4,570 filings. But the 2006 figures might have been artificially low, experts say, because people who would have filed in early 2006 had rushed to file in 2005 while more lenient rules were still in place.
Before the law changed in October 2005, the number of filings in the Southern District averaged 14,775 from Jan. 1 to June 7 of that year.
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