Does the governments inflation data lie?
We have proof that it does. Check out our new report, “The Inflation Lie.” Go here now. 3. Bankruptcy Filings Down After Law Change On the heels of October’s bankruptcy reform, first-quarter bankruptcy filings fell to their lowest level in 20 years, says the AP. The news service cites Lundquist Consulting, which reports that fourth-quarter filings plunged 73% to 102,949 from 381,743 last year. On an annualized basis, household filings were reduced to one in every 261 households compared to one in 73 a year ago, according to the AP. The bankruptcy reform laws passed by Congress took effect on Oct. 17 and restrict Chapter 7 filings, which allowed Americans to wipe out their debts completely. Now Americans are expected to repay what they owe if the court deems that they can afford to do so. Chapter 7 filings plunged 80% in the first quarter. Bankruptcy filings have increased a bit recently, but this is likely due to Americans racing to file before the Oct. 17 deadline. In November, the nu
