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The Sound of Ideas

The Bankruptcy Bind

Posted Friday, May 1, 2009

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The Bankruptcy Bind Last year more than one million Americans filed for bankruptcy and thanks to the recession that number is likely to rise this year. Bankruptcy is supposed to give consumers a fresh start but new research shows that some people find themselves in worse financial shape after filing. Moreover, a 2005 law made it more difficult for people to file for bankruptcy. How should consumers navigate this complex system? Sheryl Harris, consumer columnist for the Plain Dealer, will sit in for Regina Brett to talk about bankruptcy reform and re-reform. Building a better bankruptcy, Friday morning at 9:00 on The Sound of Ideas®.


Economy, Government/Politics


Deborah Thorne, Associate Professor of Sociology, Ohio University
Richard Nemeth, bankruptcy attorney, Nemeth & Associates
Sam Gerdano, Executive Director, American Bankruptcy Institute

Additional Information

Free financial and foreclosure help: United Way of Greater Cleveland
American Bankruptcy Institute
Downturn Pushes More Toward Bankruptcy
Consumer Affairs with Sheryl Harris

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