Bankruptcy changes
There is an item highlighted on Drudge today describing long lines of people rushing to file for bankruptcy before the law changes. Crowds Race to File Bankruptcy Petitions
The law, the most sweeping reform of the U.S. Bankruptcy Code in decades, sets new limits on personal bankruptcy filing and requires people to get professional credit counseling before they are allowed to file petitions.Wouldn't want to have to actually get counseling to learn how to avoid the same trouble. Don't buy crap you can't afford.
No mention in the article about any jail time for these people who in essence are stealing from the rest of us who pay our bills.
0 Comments:
Post a Comment
<< Home