Important issue affecting our money…
please take 5 minutes to read and respond!
Please forward!
If the credit card companies have their
way, families who are struggling to
juggle family, bills, work and
health care expenses are about to be
thrown in virtual debtor’s prison for 5
years if they can’t keep up.
Congress is about to give the credit card
companies a $1.5 billion gift (as if they
need it!) in the form of a tougher –
unfair and unbalanced – bankruptcy law.
You may think it can’t happen to you, but
don’t be so sure. If you lose your job,
battle cancer (even with good health care
coverage) or get divorced, you could be
in a tough spot, stuck with a budget
designed by the IRS for the
next FIVE years!
This legislation even pits single parents
against the credit card companies when
they are trying to collect child support!
This is a very serious issue and the only
reason we’re even talking about it is
because the credit card companies that
made $30 billion in profits last year have
given over $2.5 million to elected
officials. They want to squeeze every
last dime out of consumers.
You can’t squeeze blood from a stone,
but they will try.
Our government is borrowing $600 billion
a year from other countries, which we
have no plan for paying back. But when
American families end up with
unmanageable debt, your elected officials
want to punish them.
Something is not right here!
It will only take 5 minutes to sign
a petition to Congress, to tell them
that we need to address the real reason
why consumers are getting in debt,
including sky high interest rates,
lack of affordable health care,
low wages and underemployment.
Just go to
http://www.demos-usa.org/ and
click on the blue icon under debt
and bankruptcy. Please do this!
Most people try hard to pay their bills.
Bankruptcy court is the last place
any family wants to end up. But with
the new law it will be almost
impossible to make a fresh start.