To: Hillary's Folly
Returning the bankruptcy law back to what it was 8 years ago would not be dangerous. Not everything is a right left issue.
Fulfilling one's obligations should not be a right left issue. It is becoming one again.
What do you find objectionable about the last revision of the Federal bankruptcy code?
9 posted on
10/02/2008 9:58:02 PM PDT by
kenavi
(BHO: The only constant is change.)
To: kenavi
Sorry to interject here, but I think the last revision to the bankruptcy code artificially removed some risk for credit card lenders by promising credit card companies that a portion of their unsecured debt be guaranteed where it was previously a write-off.
I think if credit card companies had to take on all the risk, they might quit giving cards out like candy to any warm body.
Take care.
11 posted on
10/02/2008 10:07:04 PM PDT by
lmr
(NOBAMA '08!)
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