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Posted by: blowback 1 year, 1 month ago
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blowback1 year, 1 month ago
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New Rules For Bankruptcy
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Bush Signs Bill With Tougher Requirements Set To Begin In October
WASHINGTON, April 20, 2005
(CBS/AP) President Bush signed the biggest rewrite of U.S. bankruptcy law in a quarter century on Wednesday, making it harder for debt-ridden Americans to wipe out their obligations.
"Bankruptcy should always be a last resort in our legal system," Mr. Bush said. "If someone does not pay his or her debts the rest of society ends up paying them."
http://www.cbsnews.com/stories/2005/04/20/politics...
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