Three cheers for bankruptcy!

Bad financial planning combined with an unexpected emergency — this is just the right recipe for a person to swirl down the debt abyss. Here’s the story of Jackal Lean — it may sound distinctly familiar… it just may be your story! Nytimes.com reports:

Like so many others I know, I used credit cards to bridge that expanse (often quite broad) between what I made (on average, for many years, less than two grand per month) and what I needed (to cover child care, food, rent, utilities, gas). I also used credit cards to cheer myself up.

Read more: Hooray for Bankruptcy!


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