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Originally posted by sgtclub
I'm not sure I can answer this because I haven't read the bill and don't know its contents. I was only responding to the personal responsibility part. I assume the bill makes it harder to file? How so?
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If the bill makes it harder to file, isn't that a giveaway to credit-card companies, which lent money under one set of background assumptions and have now had those rules changed? And if we're going to assume people are rational -- your assumption, I think -- shouldn't we assume that they understood their bankruptcy options when they signed up for credit cards, and now are having the rug pulled out from under them?