Bankruptcy Filing To Get Thornier

April 15, 2005 | | Arizona Republic |
For Americans buried under a mound of debt, getting a new start will be more difficult under a bankruptcy reform bill that President Bush is expected to sign by next week.
 
Public policy research group Demos says that increased filings are caused not by irresponsible consumerism but by a stagnant economy. Families turn to credit to make ends meet temporarily, said Tamara Draut, director of Demos' economic opportunity program.