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...federal bankruptcy laws were made more restrictive. There were 158,141 U.S. bankruptcy petitions filed last month - a 35% increase over February's figure, according to data compiled by Automated Access to Court Records (AACER). This was a 19% increase over the number in October 2009, the last record-high month...
That change suggests that more home owners are 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...
...have dubbed this generation the junior high generation. They love vampires, zombies, cartoons. They call home many times a day. Reading, even e-mail, is too demanding; they text people in the next room. Doesn't that sound like a 12-year...
Sodium chloride wasn't always a stealth killer. Despite a known link between sodium and high blood pressure, iodized table salt saved lives when U.S. manufacturers started producing it in 1924, adding a bulwark against iodine-deficiency-related diseases like goiter to every kitchen table. Salt consumption spiraled into a public-health problem only after World War II, when postwar prosperity buoyed appetites for restaurant meals and presalted, processed and frozen foods. Salt-free cookbooks were already appearing by the 1950s, and two decades later manufacturers dropped salt from baby food. By 1981 the FDA had launched sodium-education initiatives...
Christopher Greenslate and Kerri Leonard, high school teachers outside San Diego, were griping about the rising cost of groceries when they decided to see what life is like for the billion people on earth who spend $1 a day on food. The couple's blog took off, and their book, On a Dollar a Day, hit stores in February. They're part of a growing population of consumers chronicling their efforts to do without, swearing off such things as riding in cars and buying clothes - or buying anything new at all. And they're not making these vows simply...