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The Debt Trap
1 in every 60 U.S. households filed for bankruptcy in 2005. Itâ€™s likely someone in your family, a neighbor down the block or a co-worker in your office is in bankruptcy court. Itâ€™s not just an American problem either. Scotland has had a 33% rise in people losing there homes. For every $100 an Australian earns, they owe $130. What about you? Have you experienced difficulty paying every bill on time? Would you say that your financial house is in order? Stay tuned to Beyond Today as we discuss the problem of and the solutions to â€œThe Debt Trapâ€.