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Advertisement for saving swims upstream

By Cathy Moran

I saw a promotion for savings on the TV last night. ING, bless their heart, was touting the benefits of savings.

One of my criticisms about our consumer society and the level of financial literacy in this country is the huge expenditure of time and talent to get us to spend more.

There is no counter-campaign reminding us that we need money in the bank for emergencies and retirement. Such media has the predictable result of skewing our thinking about money.

So, hats off to ING and the savings account.

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Filed Under: Personal finance

About Cathy Moran

I'm a veteran bankruptcy lawyer and consumer advocate in California's Silicon Valley. I write, teach, and speak in the hopes of expanding understanding of how bankruptcy can make life better in a family's future.

Bankruptcy Basics

About The Soapbox

You’ve arrived at the Bankruptcy Soapbox, a resource of bankruptcy information and consumer law.

Soapbox is a companion site to Bankruptcy in Brief, where I try to be largely explanatory and even handed (Note I said “try”).

Here, I allow myself to tell stories and express strong opinions. We dig deeper into how to consider bankruptcy and navigate a bankruptcy case.

Moran Law Group
Bankruptcy specialists for individuals and small businesses in the San Francisco Bay Area

How Bankruptcy Works

Can Creditors Object To My Bankruptcy Case

Creditors in a bankruptcy case get 60 days from the 341 meeting to file objections. Just what kind of objections can a creditor in a bankrupty file? Is your case at risk? Creditors can object to two things: the dischargeability of their claim against the debtor or the grant of a discharge as to all debts. They … Read more

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