The Three Leading Causes of Bankruptcy
One of the myths that surround bankruptcy is that those who have filed bankruptcy are financially irresponsible. This myth is debunked by the fact that 42% of Americans that file, claim that it is due to medical expenses, of which 78% of those had medical insurance.
The second leading cause of bankruptcy, according to this bankruptcy attorney in San Diego, is unemployment. This creates a financial hardship that is difficult to recover from.
Excessive debts are the third leading cause of bankruptcy. Fifteen percent of those that file, claim that credit cards, large mortgages and expensive car payments forced them into bankruptcy.
Sources:
http://www.uscourts.gov/statistics-reports/caseload-statistics-data-tables
http://www.blclawcenter.com/
http://money.usnews.com/money/personal-finance/articles/2012/05/14/5-bankruptcy-myths-debunked
California’s Department of Fair Employment and Housing Files Lawsuit Due to Allegations of Prospective Tenant Being Discriminated Against For The Possession of Two Emotional Support Animals
“An emotional support animal (ESA) is a companion animal which provides therapeutic benefit, such as alleviating or mitigating some symptoms of the disability, to an individual with a mental or psychiatric disability.” According to Wikipedia.
According to the lawsuit that was filed on July 14th in Orange County Superior Court, a woman and her boyfriend were told they could move in with their dogs without paying a pet deposit. This changed when the apartment manager requested documentation on the tasks that the “service dogs” were able to perform. The manager then informed the prospective tenants that if the dogs did not perform tasks then they would not be allowed to move in.
When asked to respond, a spokesperson for the Real Estate company said that the organization does not comment on active litigation.
Sources:
http://www.latimes.com/local/
http://thedogtoronline.com/emotional-support-animal-letter/
https://en.wikipedia.org/wiki/Emotional_support_animal