Many, many creditors seem writing off bad debt before the close of 2009. This debt will be sold to third-party debt collectors, debt attorneys and collection agencies for pennies on the dollar.
The idea that Ford had allegedly done a cost benefit analysis comparing the need for human life to cost redesigning the vehicle caused an uproar civil litigation that's not a problem jury and public. Most cases resulted in awards of "normal" damages as well as punitive damages to punish Ford for making such a cold calculation. The punitive damage awards often exceed people the other damages in the case.
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So, exactly how tort reform? Well, according to Wikipedia, "tort reform" refers to proposed modifications to the civil justice system that would reduce tort litigation or wrecks. Tort is a system for compensating wrongs and harm accomplished by one party to another's person, property or other protected requirements." Basically, this means, if someone causes you harm or damage, then are generally responsible fork out you for your own injuries or damages. Wouldn't anyone want that? I'm sure if you are injured anyone incur damages due to a person else's fault, then you should be entitled for reimbursed with that person, ever? Isn't that what we teach our little kids?

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