Quote:
Originally posted by sgtclub
Isn't the GOP the party of personal responsibility? To believe this statement, you must believe that the debtors are really the victims. PA-LEASE.
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It's not so much that, as to believe in this bill, you need to consider the credit companies to be victims. This is a bill in search of a problem, manufactured from whole cloth as a direct result of campaign contributions.
I spent a small amount of training time in this court. The proper abuse concern arises in the high-net-worth end of the filings, an area that is explicitly carved out and protected in the current bill. It's not the $50k/yr couple with the med bills, or the three judgments arising out of stupidity, or the profligacy, that costs "us" all of this money that the bill's sponsors are so noisily protecting. Chapter 13 should have been mandated for the big-asset people, not for Julie Sixpack with her too-expensive used-car loan, overdue dental bills, and unfiled-in-court "lawsuit" judgments sending her paycheck proceeds directly from her bank account to her cable provider's collection lawyer. You can't imagine how many people get forced into BK simply because creditors already have such an easy time attaching their funds - people who are barely making it, thinking they have worked out a payment schedule with creditors but finding out after the fact that their meager savings and checking accounts were emptied yesterday by that creditor's attorney, incurring hundreds of dollars in bounced-check fees and violating other payment schedules.
I'm a hard-core republican. And this bill stinks.
