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Mari Schaefer's picture
Submitted by swimmari on Tue, 01/05/2010 - 8:20am

 The poster on the phone pole in the upscale New York neighborhood is a sign of bad times for one long-time neighbor.

Moving Sale.

Antiques, furniture, collectibles, golf clubs, computers, toys……

The husband’s layoff six months ago left the once two-income family struggling to get by on a smaller salary. With mounting credit card debt, they made the decision to sell their home of 25 years to avoid foreclosure. 

Anonymous's picture
Submitted by Anonymous on Tue, 01/05/2010 - 7:58pm

 Medical bills can become all consuming if you do not have enough health insurance.  The problem crosses economic boundaries as both the poor and middle class families face not having the proper coverage when needed.

The American Medical Association reports that two out of three personal bankruptcies can trace their roots to medical bills.