Bending the Third Rail
Because We Should, We Can, We Do
Friday, September 22, 2006
Debtors' Hell
Boston.com has a series of articles on the increasing toll of bankruptcy on Americans. (registration required and the articles are worth it)
A fate once reserved for the worst deadbeats has become commonplace. The losers are the friends, neighbors, or relatives of just about everyone - people who generally owe the money collectors are after but don't deserve what comes next. People such as Ana R. Rios, a 40-year-old Maynard woman whose car was hooked near midnight even though her debts had been erased through bankruptcy. Or Thomas S. Jessamey, a 45-year-old Saugus man who spent six months struggling to get his car back after it was seized for an old credit card bill.