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Bankruptcy #479092

NBC Evening News for Friday, Sep 27, 1974
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(Studio) More and more hard-pressed consumers forced to take bankruptcy.
REPORTER: John Chancellor

(Los Angeles, California) Bankruptcy wipes out debts and leaves income clear. [Bankruptcy court judge James MORIARTY - says bankruptcy on incr] [Bankruptcy lawyer Paul WINKLER - says middle income levels hit hardest.] [Banker Jo GILL - says people still buy items, although money not available to back up purchase.] [Mary STEINMEYER - discusses her family's bankruptcy.] [Bankruptcy lawyer, Hugh SLATE - urges couples to destroy credit cards and buy with cash.] [WINKLER - describes people's reaction to filing bankruptcy.]
REPORTER: Frank Bourgholtzer

Reporter(s):
Bourgholtzer, Frank;
Chancellor, John
Duration:
00:03:30

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