In These Times

Latest Comments view all 4

• • 06 Jun 06
  • 8:52 am

  There's more. There are provisions which cannot practicably be enforced across the board, on all lawyers who practice before the courts. Current wisdom is that they will be helpful in catching the bad apples though ... This should bother you. There is a section that restricts legal options which can be discussed unless the client has a minimum asset structure. I.e., there are things you are prohibited from telling poor people but can suggest to the wealthier. The lawyer is required to investigate his clients, whether or not in her judgment the investigation makes sense or is cost-effective. The lawyer is …

  Posted to Bankruptcy Law in Shambles

• • 16 Jun 06
  • 9:53 am

  The law was first voted out of committee under Clinton. I hate to say it but I think the Democrats who did this were trying to boost their "Mom-and-Apple-Pie" credentials while also relying on Clinton to veto it. No one likes a debtor; better not to go on record supporting them; let someone else take the political hit. You have to suspect they liked the lobbyist money they were getting too. I wrote Dianne Feinstein, who was one of the Senators originally voting it out of the Judicial Committee, but she manfully parroted back all the nostrums about the burden on …

  Posted to Bankruptcy Law in Shambles

• • 19 Jun 06
  • 2:24 pm

  This is very over the top Anna. I should have protested when you made a big mis-statement in your first comment: "THIS group of [ wealthy] repetetive filers were the ONLY group actively sought out by credit card companies to reissue cards. " Almost all credit card companies actively solicit people right after bankruptcy. Poor or not, their mailboxes overflow. What you say isn't true but I thought perhaps it was just mis-communication. You said you used to work in the industry. You might know something I don't ... but this last post isn't reality. Any fair reading of the new …

  Posted to Bankruptcy Law in Shambles

• • 20 Jun 06
  • 12:20 pm

  I will stop with this train of thought after this comment, and even let Anna have the next and last word, but if Anna and her experts think that people like me are the problem then I repeat my judgment: This paranoid line of thinking is over the top and not helpful.

  Posted to Bankruptcy Law in Shambles