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Monday, April 10, 2006

Bankruptcy Law - Bankruptcy filings drop thanks to new law


Bankruptcy filings drop thanks to new law
Consumer bankruptcy filings plunged in the first quarter to their lowest level in 20 years, as a tough new law enacted in October made it harder to erase debts, fresh data show.

Orchestra contract will let shows go on
The Louisville Orchestra's management and musicians approved a five-year contract yesterday that will keep the orchestra from going out of business next month.

Personal bankruptcies hit all-time high
Personal bankruptcies skyrocketed a record 30 percent in 2005 as debtors rushed to file petitions before new restrictions took effect, according to the Administrative Office of the U.S. Courts Friday.

Substitute school teacher is drowning in credit-card debt
Carol Dun says her financial problems started when she was laid off from her job as a sales representative for NFL Films in Mount Laurel in the fall of 2004.

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