Tilted Forum Project Discussion Community - View Single Post - Kiss Chapter 7's goodbye. Thank you Pres. Bush

NoSoup · 04-14-2005, 12:23 PM

Wow...

Where have I been? I didn't even know that the bill had made it that far.

Personally, I think this is terrible...

I understand that a lot of people abused bankruptcy, but this is getting a bit ridiculous. In my business, I see a ton of people that will take 20+ years of their income, providing they live very, very frugally, to repay their debts.

Hopefully I am misunderstanding a portion of the bill, or we could be in for a very interesting situation...

Many of the bankruptcies that I have seen have been caused by people that were once earning a higher income that had manageable debt losing their jobs and taking huge pay cuts. Also, medical collections are a large part of these bankruptcies as well. I would have far fewer issues with this if we were first able to take care of the ridiculous cost of health insurance...

04-14-2005, 12:23 PM	#3 (permalink)
NoSoup Non-Rookie Location: Green Bay, WI	Wow... Where have I been? I didn't even know that the bill had made it that far. Personally, I think this is terrible... I understand that a lot of people abused bankruptcy, but this is getting a bit ridiculous. In my business, I see a ton of people that will take 20+ years of their income, providing they live very, very frugally, to repay their debts. Hopefully I am misunderstanding a portion of the bill, or we could be in for a very interesting situation... Many of the bankruptcies that I have seen have been caused by people that were once earning a higher income that had manageable debt losing their jobs and taking huge pay cuts. Also, medical collections are a large part of these bankruptcies as well. I would have far fewer issues with this if we were first able to take care of the ridiculous cost of health insurance... __________________ I have an aura of reliability and good judgement. Just in case you were wondering... Last edited by NoSoup; 04-14-2005 at 12:26 PM..