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The $915 Billion Bomb in Consumers' Wallets

Citation added: November 6th, 2007, 4:43 am
Last month, as banks reported their worst quarterly results since 2001, concerns about rising credit card delinquencies began to make their way onto earnings announcements alongside mentions of subprime woes.
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Buffett says mortgage ills might linger - Omaha.com Business Section

Citation added: October 25th, 2007, 12:11 pm
American billionaire investor Warren Buffett said Thursday that problems in the U.S. subprime mortgage market will likely weigh on consumers for up to two years but that the U.S. economy will weather the storm.
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Don't give up on Chapter 13 payments

Citation added: February 6th, 2007, 2:45 pm
Let me be direct: You need to take action, and soon. The consequences of not making your Chapter 13 payment are severe. You need to contact your attorney or the trustee immediately to see whether you can lower the monthly plan payment. You may even qualif
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Unscrupulous debt collectors' weapon

Citation added: January 11th, 2007, 4:22 pm
Unscrupulous debt collectors aren't helping collection agencies rid themselves of their bad reputation. The new bankruptcy law has become the bad collectors' weapon of choice as a result of some of the panic and confusion surrounding the changes to the la
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bankruptcy | debt | money | finance | article

Creditors can garnish your bank accounts

Citation added: November 14th, 2006, 8:36 am
If a creditor has a judgment against me, and is withdrawing garnishments from my bank account, is there a limit that the creditor can withdraw? Or can the creditor take everything down to $0?
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