Word: unpaid
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Dates: during 1980-1989
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...last October, the typical debtor went into "straight bankruptcy": many of his possessions were taken from him and sold. Secured creditors, attorneys' fees, court costs and taxes were paid first. What was left went to the unsecured creditors on a pro rata basis. Many of the creditors remained unpaid, while the debtor had little left with which to start a recovery. Only in about 15% of the cases did debtors choose to proceed under Chapter 13, or the "wage-earners' plan," which permitted partial repayment of debts over three years and sometimes longer, but subject to the creditors...
...some things. "If you want the air time, you have to pay the bill to NBC, and that's it," Orren moaned. But here, too, necessity mothered effort if not invention. "When you're rich and fat, sometimes you don't really grovel.... We became far more tenacious about unpaid media," Orren, who will teach on the press and politics next year, said...
...news may first delight, then bewilder inflation-weary Americans, whose stack of unpaid bills grows every time the mailman calls. According to a study by the Union Bank of Switzerland, citizens in big U.S. cities are substantially better off in terms of what they can actually buy with their wages and salaries than people with similar jobs in metropolises in other countries...
Kennedy will be testing the appeal of the forthrightly liberal line he developed in his do-or-die speech on Jan. 28, and his ability to win with a staff of unpaid workers (their paychecks were stopped after the Iowa debacle dried up his campaign contributions). Kennedy visited Maine for three days over the weekend, and will be back several times in the closing days. So will many members of his family. The campaign has acquired a touch of hysteria: some Maine Democrats tell of receiving as many as eight telephone calls from different Kennedy volunteers apparently working from overlapping...
Carter-Mondale headquarters in Washington has doubled its Maine campaign budget and now plans to spend almost the whole $290,000 allowed by federal law, for the most part to send paid workers ringing doorbells throughout the state. Unpaid visitors talking up Carter include Miss Lillian, Rosalynn, Son Chip, Vice President Walter Mondale and former Governor Kenneth Curtis, who is now the U.S. Ambassador to Canada. Organization is always important in a caucus state, and Carter clearly has the edge: eleven of Maine's 16 Democratic county chairmen are working in his behalf...