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The Credit Crisis Blame Game

Posted: March 31st, 2008
By: Zach Heller
Category: CLE Programming, Lawyer Profiles, Opinion Corner, SHOWCASE CORNER, Videos

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The Credit Crisis Blame Game

For Daniel Gershburg, an attorney focusing on Bankruptcy, the credit crisis has a lot of his clients reeling.  He gets an inside look at the people that are really being affected by the struggling economy.  We recently asked Mr. Gershburg to explain some of the things that he thought were to blame for the current state of the economy in this country. 

Everyone wants to put the blame somewhere, but where?  In the end, it has to go on the individuals that got stuck in these bad credit habits.  People continue to borrow more than they can afford to buy things that they cannot pay off.  It is a nasty cycle, and one that has crushed many families and businesses in the past year.  People need to learn what it takes to maintain strong credit, and start to be smarter when it comes to matters of financial planning before things can start to turn around on the smallest level.

You can find more information on financial strategy and personal credit in Dan Gershburg’s new CLE program.  The course, entitled “Financial Advocacy”, will be hosted exclusively on Lawline.com and is coming soon.   Below, please enjoy a short clip from Mr. Gershburg’s interview.

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