Quote:
Originally posted by bilmore
I made this point earlier, when I was speaking about the impact of this bill - how primarily it is aimed at the lower-income debtors, and has big, sweeping, explicitly-aimed exceptions carved out that benefit only the high-net-worth bankrupts. The point is, this bill is bad because it makes BK harder for those that truly need it (and who can BK with the least impact on society) and it makes it easier (or at least, not harder at all - I still need to read the trust provisions) for the true abusers. It's a purchased favor for the credit industry, but with the caveat that "our friends" will be protected.
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I don't think he's listening.
