Newsweek columnist Jane Bryan Quinn has a column this week about when it might make sense for a consumer to file bankruptcy. See "The Case for Walking Away. " For expert commentary, Quinn's column features three Credit Slips regulars: Professors Adam Levitin, Katie Porter, and Elizabeth Warren. Check it out.
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2 responses to “Credit Slipping in Newsweek”
I saw that when it came out. MSN had a link to it on the home page. Way to go.
As of today (1/9/09) Jane Bryant Quinn’s piece, “When Bankruptcy Makes Sense” is the most emailed Newsweek article of the prior seven days. I think that is a testament both to her reputation and to the sad state of the economy. Presumably, people are emailing this article to someone they know who is in financial trouble–and that is millions of Americans for certain. The piece stirred up a lot of controversy in my own family, in which I had to endure an hour-plus lecture from my banker father on the absolute evil that is bankruptcy. (Good thing he doesn’t work for Citigroup!)