Please make note that this book is an adjunct to a much larger book titled Arthritis: Osteoarthritis and Rheumatoid Disease, Including Rheumatoid Arthritis by Anthony di Fabio, M.A. and Gus J. Prosch, Jr., M.D. published by our sister organization, The Arthritis Trust of America. Much of the material in that book is applicable to those suffering from soft tissue arthritis, just as the material in this book is applicable to all arthritic disease states. We fully endorse the foreward from the Arthritis book, and with permission, repeat it here for benefit of all Americans and Canadians.
Families in financial distress are under great stress. The telephone rings with repeated calls from debt collectors, each paycheck is at risk of garnishment, and the next knock on the door could be a process server or a repo agent. For many families, the greatest fear is losing their home to foreclosure. A home is not only most families’ largest asset, but also a tangible marker of their financial aspirations and middle class status. A threatened or pending foreclosure can signal the end of a family’s ability to struggle against financial collapse and an unrecoverable tumble down the socioeconomic ladder.
Bankruptcy offers these families one last chance to save their homes. A bankruptcy filing halts a pending foreclosure and gives families the right under federal law to cure any defaults on mortgage loans over a period of years. The bankruptcy system offers refuge from the vagaries of state law foreclosure, substituting the protections of a federal court system and uniform legal rules to ensure that these families get one final opportunity to preserve their homes.
The renewed surge in capital flows to emerging economies in the aftermath of the global financial crisis has ignited a lively debate on the nature of "global liquidity" and its transmission across borders. Low interest rates and permissive monetary policy pursued by advanced economy central banks are often cited int he press and popular commentary as a key factor in driving the capital flows. One of the tasks in our paper is to shed light on the validity of this claim.
