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and again. Today I wanted to share with your article the article was about is

Chapter 13 becoming the new debtors prison. Now why was this author asking if Chapter 13's becoming the new

debtors prison? The reason being is that under a Chapter 13 bankruptcy you have

to agree to make payments to the bankruptcy trustee for anywhere between three to five

years and typically it's going to be for a five year period and really there is no incentive for

somebody to earn more they're just kind of stuck on an endless treadmill for the next five years

of their payments. In fact, the way this author put it is Chapter 13 does not reward hard work or encourage anyone to attempt any more money.

Because if they earn more money, well, let's go back to the author again.

Why would you work overtime knowing that you'll have to give it to your creditors?

So there's no reason for getting ahead for having an incentive because the more you work,

the more your creditors are going to be paid off on the bill.

Now, sure, logically, if you owe that money, you should pay it back,

but realistically, after two years of paying creditors and thinking that you're going to get a clean start

and knowing that you still have to keep on going for three years and paying your money to creditors, there's just not an incentive.

Now, this article is really interesting in that it raised up another issue and this other issue was a court case that just came down and this was a Georgia court case and here's what this Georgia court case came out and said.

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