Bush’s Bankruptcy Legacy: Three Years And Nearly 1.5 Million Bankruptcy Filings Later

May 13, 2008

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On the eve of the three-year anniversary of president Bush’s controversial bankruptcy bill becoming law, data show that in the last two years nearly 1.5 million individuals filed for personal bankruptcy. The new data further questions the merits of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.

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With consumerbankruptcies continuing to rise due to credit card debt and rising foreclosures, it’s important to know you aren’t alone. Financial disasters can happen to anyone for any reason. If you are considering filing for bankruptcy, discuss your case with an experienced bankruptcy attorney today to see what options are available to you.

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Posted by rhonda | Filed Under National Legal News 



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