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I worked the other side of this thing, as a debtors' bankruptcy attorney. Sometimes I could save the house but usually it wasn't in the cards: The income wasn't
by howard941 2y ago
I worked the other side of this thing, as a debtors' bankruptcy attorney. Sometimes I could save the house but usually it wasn't in the cards: The income wasn't there and the bankruptcy laws were skewed by GWB. Fortunately there were many times when - if a house wasn't an issue - the debtor was much better off without an albatross around his neck. Overall it was a rewarding occupation - not monetarily, the rules kept debtor's attorneys on a very short leash - but morally.
- throwaway2037 2y agoThank you to share your first hand experience. > bankruptcy laws were skewed by GWB Can you explain this more, including "GWB"?
- jaggederest 2y agoGWB is George W. Bush, president from 2000 to 2008. Relevant wiki article about the act he signed that changed bankruptcy laws: https://en.wikipedia.org/wiki/Bankruptcy_Abuse_Prevention_and_Consumer_Protection_Act https://en.wikipedia.org/wiki/Bankruptcy_Abuse_Prevention_an...