Comments on: Bankruptcy Filings are on the Rise http://www.fivecentnickel.com/2006/05/11/bankruptcy-filings-are-on-the-rise/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 03:39:46 -0500 http://wordpress.org/?v=abc hourly 1 By: Ed http://www.fivecentnickel.com/2006/05/11/bankruptcy-filings-are-on-the-rise/comment-page-1/#comment-77728 Ed Mon, 14 May 2007 04:43:41 +0000 http://www.fivecentnickel.com/2006/05/11/bankruptcy-filings-are-on-the-rise/#comment-77728 Living in one of the top 5 states for bankruptcy (UTAH), I believe home prices have gone crazy. Maybe not like other places, but land is going for $250k per 1/3 acre when just a few years ago it went for that with a $180k house on it. Are these total bankruptcies or just Chapter 7? I believe part of the new legislation was to force more people that could pay to Chapter 13. Living in one of the top 5 states for bankruptcy (UTAH), I believe home prices have gone crazy. Maybe not like other places, but land is going for $250k per 1/3 acre when just a few years ago it went for that with a $180k house on it.

Are these total bankruptcies or just Chapter 7? I believe part of the new legislation was to force more people that could pay to Chapter 13.

]]> By: Andrew http://www.fivecentnickel.com/2006/05/11/bankruptcy-filings-are-on-the-rise/comment-page-1/#comment-5947 Andrew Mon, 15 May 2006 20:27:52 +0000 http://www.fivecentnickel.com/2006/05/11/bankruptcy-filings-are-on-the-rise/#comment-5947 I am always shocked yet not surprised by the sheer number of people filing for bankruptcy. This is a true indication of the lack of financial education in this country. A last ditch effort being utilized by so moany people. I am always shocked yet not surprised by the sheer number of people filing for bankruptcy. This is a true indication of the lack of financial education in this country. A last ditch effort being utilized by so moany people.

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