When I get busy, quality links tend to pile up in my Google Reader queue. Here are some great news items I have not gotten around to blogging about:
- Researchers can guess your social-security number from public information like your birthdate and birth location | Red Tape Chronicles
- Young adults dispute Suze Orman‘s claim that young people today “have it so great it’s not even funny” due to the recession | Alpha Consumer
- Wishful thinking is no substitute for bankruptcy, according to Cathy Moran | Bankruptcy Law Network
- Something I have long suspected is confirmed by the AP: bankruptcies are higher in states where creditors can more easily garnish wages and bank accounts | California Debt blog
- Adam Levitan joins many in making the case for the President’s Consumer Financial Protection Agency | Credit Slips
- Medical debts are at the root of most bankruptcies, according to The American Journal of Medicine | Bankruptcy Law Network
- Public Citizen’s Deepak Gupta points out that the President’s proposed legislation would ban forced arbitration | Consumer Law & Policy Blog
To find a consumer or bankruptcy lawyer, use the Caveat Emptor Consumer & Bankruptcy Lawyer Directory.
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Oh, I really hope the agency gets, and uses, the power to ban (or at least limit) mandatory binding arbitration.
I never did understand creditor’s desire to bankrupt people before they can pay off their debts. It seems like there’s always a story where the debtor and the creditor agreed on a repayment plan and then the creditor decides they want to get paid more, faster.