30% rise in personal bankruptcies loggedPOSTED: July 2, 2008HONOLULU - Personal bankruptcies in Hawaii have surged 30 percent during the first six months of the year.According to the Office of the U.S. Trustee, there were 890 filings through June, with the vast majority being Chapter 7 liquidation cases, which typically clear debt.Chapter 13 filings, which allow individuals to pay creditors over time, surged 76 percent from last year.Honolulu bankruptcy attorney Stuart Ing says Chapter 13s are traditionally filed for individuals who need to catch up with their mortgages.Ing says the vast majority of bankruptcy filers are not out of work, but simply working people carrying too much in credit card debt and loans.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~This saddens me. It saddens me because I know that these people are not bankrupt. They are made to believe, however, that they are bankrupt. They are made to believe this by a machine, a money making machine with an intricate plan in place that is meant to, and does, fool the public.There's also something on mortgage that financial institutions are being called on. I've provided a link to a court case where several foreclosures were thrown out of court because the financial institutions could not show the court that they had the deed or title to the property. Read and learn how the financial institutions play around with you and your money and your mortgage. It's really scary.To find out more (and there is more, so much more it will send your head reeling but make you feel free and empowered) about the Basic of UCC and Law Literacy for Maoli (specific to Maoli) you can attend a class held at The Cameron Center on 90 Mahalani Street, Wailuku, Maui. Classes generally begin at 9am where we distribute Palapala Koe Nae. Classes start promptly at 10am. Lunch is served.Read it here:UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF OHIO EASTERN DIVISION
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