Category Archives for "Debt"

Bankruptcy

The term bankruptcy comes from two Latin words and literally means “broken bench.” Under Roman law, creditors divided up the assets of a delinquent debtor, then broke the debtor’s workbench as punishment and a warning to other indebted tradesmen. Today’s laws and changes in consumer attitude toward bankruptcy have fostered a climate in which people regard bankruptcy […]

Such a Deal for You — The Fine Print of Obama’s College Loan Plan

By Chuck Bentley Millions of young Americans with student loan debt are about to make a deal without a clue as to how much it’s going to cost them down the road. President Obama’s latest end-run around Congress presumably to bail out those struggling to repay their student loans is a bad plan on many […]

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