Re: OT,Upset with recent court rulings?

Posted by Echo Chamber on June 30, 2005 at 23:11:05 from (68.9.106.167):

In Reply to: Re: OT,Upset with recent court rulings? posted by Dug on June 30, 2005 at 22:14:39:

I assume someone has shut the darn thing off and they are
working to fix it!

The data in that article was from 2001. I'm betting that medical
related BK's are an even higher percentage now. Problem with
that new bill is that the reason for BK doesn't matter, and if you
are rich enough you can shield most of your assets (just like OJ
did). If you are passing on risky loans, that's the ethical thing to
do in my book too, but you are right - you're losing business.
The big credit card companies are promoting bad loans because
they make so much more money on the late fees and absurd
interest rate hikes.

And the yuppies will be the first ones to die off if the economy
tanks. Don't know how some of those people make it through
the day without getting eaten by squirrels...

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