Re: Count down to bankruptcy reform
I think the likely result of the new laws will be that a lot of people in dire straits will either be denied BK protection or will end up in Ch. 13 and not comply with the requirements. What happens then? Does that mean that a lot of desparate people will lose their houses, cars, etc.? Or will the judges have some room to give the filers a break? Or will they just live as deadbeats, ignoring creditors since they simply don't have the money and no longer have a way to start fresh?
"See their morals, their code, it's a bad joke. Dropped at the first sign of trouble. They're only as good as the world allows them to be. I'll show you. When the chips are down, these civilized people, they'll eat each other.
See, I'm not a monster... I'm just ahead of the curve."
- The Joker