ext_199699 ([identity profile] mrf-arch.livejournal.com) wrote in [personal profile] cos 2008-09-22 03:32 pm (UTC)

Absolutely. The primary pushers of the Bankruptcy act were credit-card companies and other holders of unsecured debt, rather than mortgage holders, but since both tend to live under the same roof, it doesn't actually change much. I haven't studied the 2005 bill in enough detail to know how bad it is, though my knee-jerk reaction is against it.

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