Saturday, December 22, 2012

Understand Your Rights Under Bankruptcy Law




We are coming out of the first Great Depression since the Great Depression of the 1930s. It will probably take another 8 years to fully recover. I knew in 1980 that we were headed for a Great Depression when I saw my first homeless person sleeping under a bush in downtown Pittsburgh. I tried to warn people that it was coming and tried to train my children so that they would ride the depression out better than most people. I was unemployed for 2 years in this depression. But I met people who were unemployed for up to 4 continuous years. Some people worked minimum wage jobs to get by. Others moved in with relatives.

 The Federal Government tried to distract the public from this economic collapse by causing 9/11, getting into 2 wars, and keeping the public on edge with its color coded warnings. But by 2008, the world economy including the United States collapsed and no one could hide that fact any longer. Many people’s way of life have been economically destroyed with no home or income but still having high debt that they cannot handle.

 I read newspapers from several ethnic groups to give myself a real balance story about what is going on in the world. Here is why I was laughing when the mainstream media claimed that Obama and Romney were in a “Dead Heat” running for President. I could not wait until election night to see how the media and the Republican Party were going to come up with a story explaining how Obama won in a “Land Slide.” They relied on statistician to tell them the outcome while the real story was in who wanted to come to the poles. When Republican Organizations have to trick people into coming to vote like they did in York Pennsylvania, then you know that “the Jig is up!” Keeping an eye on the hundreds of ethnic groups in America gives me an idea of how the economy will move in the near future.


The Black Press, in particular the Tri-State Defender Newspaper published an article about filing for bankruptcy for small businesses and individuals. I think that these two articles written by Carlee McCullough is a must read for everyone because you never know when you may need this information.  

Written by Carlee McCullough
 
 Now read the difference between Chapter 7 and Chapter 13.

Written by Carlee McCullough
 If you are interested in articles from other Black newspapers, look up the New Pittsburgh Courier, Chicago Defender, The Michigan Chronicle, The Michigan Front Page, The Tri-State Defender, and The Atlanta Daily World. Just Google the online newspapers on the Internet.

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