A Good Thing??
Posted by admin
There are some who would propose that the restrictions imposed on chapter 7 bankruptcy laws by new guidelines actually are a good long-term solution to the debt issue. Many claim that there are those who file under chapter 7 bankruptcy laws in an unwarranted manner. It’s felt that perhaps people are taking an easy way out and deliberately avoiding creditors. Supporters of the new regulations claim that the move away from Chapter 7 toward Chapter 13 encourages more personal responsibility in seeking to properly manage finances.
