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...more complex Chapter 13 filings. While the latter requires individuals to repay a substantial portion of their debt and prevents banks from foreclosing on their homes, Chapter 7 bankruptcy allows a debtor to wipe out his or her debts entirely and get a fresh start. "It is very fast and very deep debt restructuring," says Porter. Since 2005, Chapter 13 filings have dropped from about 35% of all personal bankruptcy filings to 25%, she says. "Systemically, that's a big change...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

...when Disney shorts had a monopoly on the Oscars, while the funnier, livelier cartoons from Warner Bros. - which today are treasured - were ignored. In that sense, Pixar's features are closer to the old, elevated Disney style, while DreamWorks' films are flat-out cartoons, proud to carry on the fast, cavorting Warner tradition...

Author: /time Magazine | Title: Dreaming Up How to Train Your Dragon | 4/5/2010 | See Source »

...went in anticipating that they’d be fast and highly motivated,” assistant coach Wayne Berger said. “We weren’t disappointed in that regard, but we were ready to race hard and challenge them...

Author: By Molly E. Kelly, CONTRIBUTING WRITER | Title: Both Squads Dominate as Men’s Crew Sweeps Races | 4/5/2010 | See Source »

...Governor Rick Perry and Indiana Congressman Mike Pence, are doing very little to make themselves known, conceive a strategy or raise sufficient funds. The later one starts, the harder it is to put together a winning plan. On the other hand, as long as no single prospect is running fast ahead of the pack, there is less of a price to pay for a late entry. As the deadline approaches, as happens every cycle, we are likely to see a number of surprising candidates leap in with cases to make and stories to tell. Given the number of potential contenders...

Author: /time Magazine | Title: Taking On Obama in '12 — Tougher Than You Think | 4/5/2010 | See Source »

...with $61.4 million, according to early studio estimates. The Greek-myth epic topped the previous best Easter weekend entry, 2006's Scary Movie 4, by about 50%. (Clash's $135 million budget was three times as high as SM4's.) But the movie earned about $10 million less than Fast and Furious, which opened on this (non-Easter) weekend last year, and about $9 million less than the opening weekend take of 300, the antique-Greek saga whose success three years ago surely inspired Warner Bros. to remake the original, 1981 version of Clash. (See "The 3-D Pileup...

Author: /time Magazine | Title: Box-Office Weekend: Cash of the Titans | 4/4/2010 | See Source »

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