There are huge inaccuracies in the data that appear in these reports.

Most people are too scared to ask their medical provider for help. They're afraid that if they ask ... that the next time they have a problem that they won't be able to go back.

If someone told you that you have a one in two chance of having a heart attack, you would want to know that because it might change your behavior. This is similar except that it relates to your finances.

Remember: lenders are in the money-making business, not in the gift-giving business.

While there are people for whom this is an easy ride, for the vast majority, bankruptcy is not an easy ride.

Lots of people see the opportunity to make lots of money off the backs of consumer debtors, and that should make people extremely cautious about this.