What are the most common reasons people file for bankruptcy


Essay Problem: Theoretical Perspectives on the Family

Watch the YouTube Video: "Choice clips from the documentary "Maxed Out""

Watch the video several times using the prompts below, take notes, and write the essay. Think of various appropriate sociological concepts useful in analyzing the story. The concepts must be integrated into your analysis seamlessly throughout the essay. See how this has been done in your textbook.

Bankruptcy laws changed in 2005 to make it more difficult for consumers to discharge their debts. People often view bankruptcy as a personal failure, but as this clip shows, external events-such as serving with the U.S. military in Iraq-can lead to serious financial problems.

Develop a strong thesis statement for your essay; what is this essay about?

o What 4 moral assumptions are frequently made about people in financial trouble?
o What are the 2 most common reasons people file for bankruptcy?
o Why do you think Congress passed the bankruptcy reform law in 2005?
o What do you suggest be done to reform bankruptcy "reform"?
o Summary conclusion.
o Evidence of application of 4 sociological concepts in the analysis.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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