Bankruptcy: Last Week Tonight with John Oliver (HBO)

[bornfree2]

Midly amusing new show on the proposed BK 2020 reform act

https://www.youtube.com/watch?v=GzFG0Cdh8D8

Info on act is here

https://www.congress.gov/bill/116th-congress/senate-bill/4991/text

https://www.warren.senate.gov/imo/media/doc/Consumer%20Bankruptcy%20Reform%20Act%20of%202020%2 0One-Pager%20(1).pdf

[justbroke]

We don't talk about any proposed bankruptcy act changes, because they never end up being anywhere near the first proposals. You can look no further than the BAPCPA of 2005 for an idea as to why we don't even really care what's proposed.

[bornfree2]

We don't talk about any proposed bankruptcy act changes, because they never end up being anywhere near the first proposals. You can look no further than the BAPCPA of 2005 for an idea as to why we don't even really care what's proposed.

i cant find a way to delete posts on here.. but feel free

yeah and i know what you mean by the pandering done by legislators by blue moon to-good-to-be-true reforms

[justbroke]

I didn't mean that we don't post about it. The better word should be that we haven't discussed it. The reason is because past amendments to the bankruptcy act have looked nothing like the initial blue-sky puffery.