Bankruptcy Law Nears Passage
The House will take a vote this week on the Bankruptcy Abuse Prevention and Consumer Protection Act. This act will make it harder for people to get rid of their debts by declaring bankruptcy. The bill has already passed in the Senate. This could be huge if it is passed. I wonder what will happen though; what will happen to people that die and have major debt? Will it pass on to the family? What should happen?
Posted by Fred at 4/13/2005 10:50:00 PM