Posted on 03/08/2005 3:51:47 PM PST by Finger Monkey
Proposed Bankruptcy Reform requires mind reading, or ability to see into the future . . .
(Sec. 104) Revises procedural guidelines to mandate a written notice to the individual consumer debtor before commencement of a case stating: (1) the types of services available from credit counseling agencies; (2) the criminal penalties for fraudulent concealment of assets; and (3) that all creditor-supplied information is subject to examination by the Attorney General.
(Excerpt) Read more at thomas.loc.gov ...
Don't forget your foil hats everyone, apparently the government has perfected its mind reading and/or time travel technology.
The bankruptcy court has no jurisdiction over an individual prior to commencement of a case. Man, these G-men, really get off on their beliefs that they are all-powerful. Pah!
I believe the idiot meant "indiscriminate." My god, they'll let any idiot post on here. Meow. Sniff.
Ya, me dear, youse doth haveth a pointius. kissy, kissy, little sissy.
Makes it easier to pressure some people to convert to Chapter 11 or 13.
This one sounds like "guilty unless proven otherwise"
"Provides that the presumption of abuse may only be rebutted with detailed documentation of special circumstances requiring additional expenses or adjustment of current monthly total income for which there is no reasonable alternative."
This one sounds like the blind leading the blind - Congress tell kids how to manage money:
"Expresses the sense of Congress that States should develop curricula relating to personal finance designed for use in elementary and secondary schools."
Unless you're already living debt free and mean to stay that way, you ought to check out: Dave Ramsey
. . . convert . . . with a debtor's consent . . .
quite sinister, I'd say.
Of course, the people intimately associated with the current code, and the administration thereof have been dreading this (proposed amendment)for a long time, increased costs of administration. . . ah, don't get me started.
Dave Ramsey, why does that name sound familiar? I'll have to look him up.
I notice you are in the south, are you familiar with Lundin?
My daddy's a turner.
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