Credit counseling is as important as legal counseling. |
So far, the law is working as intended. |
The [new bankruptcy] law, ... is really targeted at the 5 [percent] to 10 percent of people who were abusing the system. |
The people coming out of bankruptcy need an opportunity to get back on their feet. |
The people coming out of bankruptcy need an opportunity to get back on their feet. If you take away the opportunity to get credit, it's like taking away the want ads from a job-seeker. |
The quilts were signed by and often made by a group of people, usually as a presentation piece to give to someone who might be leaving the community, going out west. Some of them were made as fundraisers or to acknowledge the links between people. This is an old tradition, and it was a way for people to remember and acknowledge how they were connected together. |
The system is going to help recover more losses for creditors, ... It's going to mean less weight on the American economy in general. |
There is a good bit of misinformation out there. There are people who don't understand the basic tenets of the bill. Statistically, 80 percent of [people filing for bankruptcy] make less than their state's median income. |
They just don't have the human resources to run the bank and then to read and analyze and comply with thousands of pages of regulations. |
They were the people that I knew the best, and the people I got closest to. |
They're hiring consultants. They're hiring accounting firms. They're buying software. Everything is changing. |
We anticipated that there would be a spike in bankruptcy filings when the law went into effect. But we anticipate fewer bankruptcy filings in the future. This law will be targeting people who were getting away with bankruptcy murder by discharging bills they could pay. |
We weren't expecting a huge drop in filings, just that the system be more fair. |
We'd like the state to bite off as much as possible because it is a state park. |
We're willing to work with Congress as they figure out what's best for the hurricane survivors. |