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...simply walking away from their mortgages, rather than attempting to make payments, especially during a recession with record-high long-term unemployment. "Chapter 13 was designed for regular economic times when people might lose their jobs and fall behind on their mortgage for three to four months, but having found a new job they would be able to use the Chapter 13 process to keep their homes," says Porter, noting that even during normal economic times only 1 in 3 Chapter 13 bankruptcy filings results in the individual's successful meeting of payment obligations. (See pictures of Americans in their...

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

...premise of Hanks as history maker seemed reasonable until I flipped the page and found a two-page ad for The Pacific, the miniseries from Time Warner's HBO. TIME's objective news judgment has been seriously compromised by an act of such corporate self-promotion. Ira Pilchen, Chicago...

Author: /time Magazine | Title: History 2.0 | 4/5/2010 | See Source »

...American Association of University Women report found that although the number of women entering science and engineering fields is growing, gender biases still affect their career aspirations. While boys and girls graduate from high school with similar math and science grades and the ratio of males to females who score above 700 on the math SAT has narrowed from 13:1 to 3:1 in the past three decades, women still earn only 20% of bachelor's degrees in physics and engineering...

Author: /time Magazine | Title: The World | 4/5/2010 | See Source »

...other state. The Ohio-born Stang, who was 63, was one of the highest profile victims of the conflicts. Two hit men were jailed for her murder and a powerful rancher who believed her activism was instrumental in his losing a parcel of land to small farmers, was found guilty of ordering her killing. However, he was cleared at a second trial and the third due to start this week was put back until April...

Author: /time Magazine | Title: Brazil's Land-Reform Murders: Dark Side of an Economic Miracle | 4/4/2010 | See Source »

Past studies have found that socioeconomically disadvantaged people and others in high-stress situations with little social support are at much greater risk for both addiction and obesity. For example, people who were displaced for more than two weeks after hurricanes Katrina and Rita were 56% more likely to have a substance abuse disorder a year later, compared with those who survived the hurricanes but were not displaced. Overall, about 1 in 8 people who lost their homes - and who were also much more likely than the general population to be poor and unemployed - suffered from substance abuse disorders, compared...

Author: /time Magazine | Title: Can Eating Junk Food Really Be an Addiction? | 4/3/2010 | See Source »

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