Bankruptcies rising as individuals drive debt boom
The Changing Times piece notes 90 percent of bankruptcies are individuals not businesses, with a ten year rise in cases in U S district courts from 33,393 to 110,034 and 300 percent growth. It flags installment buying and ads for small loans as key factors, and argues many debtors could pay if luxuries were cut. It defends bankruptcy as protection for both families and honest debtors while urging personal responsibility.
MENTIONED IN THIS ARTICLE
Changing Times
U.S
L.A.C
Governor Race Could Trip Nixon Says Demo
Luther Hodges secretary of commerce suggested that if Richard Nixon ran for governor of California he might be tripped up and Democrats would benefit. Hodges spoke at a San Francisco press conference saying Nixon running for governor would be better for the party than another presidential bid. He doubted his grasp of California politics but argued the state could “swash him out of our hair.”
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San Francisco
Kennedy
California
Secretary of Commerce
Luther H. Hodges
Nixon
Gove
Hodges
Independent newspaper notice and delivery details
Publication notice for Independent a Long Beach California daily with delivery rates by month and year, legal adjudication by Los Angeles County Superior Court decree number C-70280, mail and single copy pricing, and filing dates.
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Sixta St
Pine Ave
Long Beach
Calif
Superior Court
No. Angeles County
Out
Jfarder
Mall
BBC
Weather forecast for Leno Beach area this week
Forecast shows mostly sunny days with some cloudiness and isolated showers and thunderstorms tonight and tomorrow. Highs near 87 to 118 degrees in some zones, light variable winds shifting westerly in afternoons, with morning low clouds and notable tides and moon phases listed for the period.
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Leno Beach
Colbert Resigns Chrysler Presidency
L L Colbert resigns as board chairman and president of Chrysler Corp after a stormy year. Lynn A Townsend named president as George H Love elected to chair a new executive committee. Colbert to remain as Chrysler Corp of Canada chairman. Kennedy tours West Coast facilities en route to Portland. Actress Sarah Churchill freed after ninth drunkenness conviction. Lucy Herron Lippitt, widow of Senator Henry F. Lippitt, dies at 82. H Grady Meador, 70, former Gulf Oil VP, dies in New Orleans.
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L. L
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Colbert
White House
Providence
Lucy Herron Lippitt
U.S
Henry F. Lippitt
Rhode Island
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H. Grady Meador
Gulf Oil Co
New Orleans
U S Stand Firm on Test Ban
Ambassador Arthur H. Dean told Congress the United States would sign a nuclear test ban with Russia if atomic tests resumed. He said only President Kennedy could decide whether to extend the voluntary 33 month moratorium as the Geneva talks stalled and Senate Atomic Energy Committee wrapped up three days of hearings on detecting underground, atmospheric, and space explosions.
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UPD
Arthur H. Dean
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United States
Russia
Dean
U. S
Geneva
Kennedy
Senate House Atomic Energy Committee
Royal Blue Sofs by Paul McCobb Feature
Royal Blue Sofs by Paul McCobb described as lightly scaled and smartly tailored for contemporary living with price references of 479.95 and 349.95 noting value and design focus.
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Paul McCobb
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