As retailers, we have seen first-hand the dramatic effect bankruptcy has had on both consumers' finances and on our ability to serve the public. These filings ultimately cost the tens of millions of households we serve hundreds of dollars each in unseen costs every year. Unfortunately, many of those losses are the result of misuse of the law by irresponsible, higher-income filers. |
As retailers, we have seen firsthand the dramatic effect bankruptcy has had on both consumers' finances and on our ability to serve the public. These filings ultimately cost the tens of millions of households we serve hundreds of dollars each in unseen costs every year. Unfortunately, many of those losses are the result of misuse of the law by irresponsible, higher-income filers. |