{"id":4738,"date":"2004-02-24T22:30:22","date_gmt":"2004-02-25T02:30:22","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/formerlyknownas\/2004\/02\/24\/bench-and-bar-warn-youth-abou"},"modified":"2011-08-05T14:58:59","modified_gmt":"2011-08-05T18:58:59","slug":"bench-and-bar-warn-youth-about-credit-debt","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/2004\/02\/24\/bench-and-bar-warn-youth-about-credit-debt\/","title":{"rendered":"Bench and Bar Warn Youth About Credit Debt"},"content":{"rendered":"

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What a great story (for a change)!  Having seen the sad consequences of overwhelming credit card debt on young consumers, federal bankruptcy judges, with the help of several local bar groups, are trying to use education as deterrence.  The National Conference of Bankruptcy Judges (NCBJ), is sponsoring an outreach project to inform high school and college students about the consequences of excessive debt and irresponsible credit card use.<\/FONT><\/DIV>
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The project has developed an interactive, 10-minute video, “Bankruptcy: Don’t Let It Happen to You<\/A>“.  You’ll also find links to other educational sites.<\/FONT><\/DIV><\/FONT><\/BLOCKQUOTE>
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\"pointer For more information on who and what, see this article <\/A>from The Third Branch,<\/EM> Bankruptcy Judges Warn Young Consumers about Credit Card Debt (<\/EM>Feb 2004)  (via law.com Daily NewsWire<\/FONT><\/A>, 02-25-04).  The article explains, for example, that:<\/FONT><\/SPAN><\/FONT><\/FONT><\/DIV><\/DIV>
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“[Chief Bankruptcy Judge John Ninfo of the U.S. Bankruptcy Court for the Western District of New York] has partnered with a county bar association’s bankruptcy committee to launch a Credit Abuse Resistance Education (CARE) program that encourages middle school, high school and college students to have a budget, differentiate between needs and wants, own only one credit card, and be committed to paying off the balance each month”.<\/FONT><\/DIV><\/BLOCKQUOTE>
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The effort’s success caused Chief Judge John Walker of the U.S. Court of Appeals for the Second Circuit to encourage other courts in the circuit to start CARE programs, and several programs are already in progress, with the help of local bar groups.  <\/FONT><\/DIV>
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Bravo.  <\/DIV>
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P.S.  Maybe better-informed law students will help us avoid some of the problems that led to my recent dialogue<\/A> with Scheherazade<\/A>.<\/DIV>
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 <\/DIV><\/FONT><\/FONT><\/p>\n","protected":false},"excerpt":{"rendered":"

What a great story (for a change)!  Having seen the sad consequences of overwhelming credit card debt on young consumers, federal bankruptcy judges, with the help of several local bar groups, are trying to use education as deterrence.  The National Conference of Bankruptcy Judges (NCBJ), is sponsoring an outreach project to inform high school and college students […]<\/p>\n","protected":false},"author":94,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2926],"tags":[],"class_list":["post-4738","post","type-post","status-publish","format-standard","hentry","category-pre-06-2006"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6kP1R-1eq","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/posts\/4738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/users\/94"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/comments?post=4738"}],"version-history":[{"count":1,"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/posts\/4738\/revisions"}],"predecessor-version":[{"id":13955,"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/posts\/4738\/revisions\/13955"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/media?parent=4738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/categories?post=4738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/ethicalesq\/wp-json\/wp\/v2\/tags?post=4738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}