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Bankruptcies low in states that don't seize wages

By MIKE BAKER
,
AP
posted: 166 DAYS 23 HOURS AGO
comments: 0
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-States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-07-06 00:40:53

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States that allow debt collectors to seize consumers\' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found.