What do you see coming for the bankruptcy laws in the future

Assignment Help Other Subject
Reference no: EM132287345

Discussion :

The number of bankruptcies skyrocketed during the Great Recession, especially since so much of it was based on building house equity and no-doc loans.

Several in the industry are predicting another jump in the next few years from a combination of medical costs becoming prohibitive and people not being able to keep up with their medical bills, and from a realization that student loans cannot be dischargeable in bankruptcy court except in very rare circumstances (a pre-med student has $60K in student loan debt and joins the Army to help pay for the cost.

He then suffers a head injury that will prevent him from ever working in the medical field.

The debts can be discharged for undue hardship, but it is very rare.).

In 1997, the Bankruptcy Code changed, making it more difficult for debtors to discharge credit card debt. Many blamed the high powered bank lobbyists for these changes. What do you see coming for the bankruptcy laws in the future?

Reference no: EM132287345

Questions Cloud

Specific example of a resonance structure : Can you give a specific example of a resonance structure and a similar related isomer? How are they similar?
Empirical formula of the xenon fluoride : What is the empirical formula of the xenon fluoride formed during this reaction? Your answer should be in the form: Xe#F#
What role would you have liked to play to promote art : If you lived in Europe in the 1500s or 1600s, what role would you have liked to play to promote art? If you would like to study this concept further.
Decrease or remain constant over time : If this cell is allowed to operate, will Ecell increase, decrease or remain constant over time? Briefly explain.
What do you see coming for the bankruptcy laws in the future : Many blamed the high powered bank lobbyists for these changes. What do you see coming for the bankruptcy laws in the future?
How many moles of o2 were produced : A sample of KClO3 is heated and 355 mL of gas with a pressure of 775 mmHg is collected over water, at 26 °C.
Is your dream full of outlandish creatures : Surrealist artists often worked from dreams. Choose a Surrealist artist and discuss how they might interpret a dream you have had. Is your dream hyper.
Discuss how psychological theories and research contributed : Discuss how psychological theories and research contributed to the apprehension, prosecution, understanding and/or treatment of this criminal.
Calculate the final pressure : Calculate the final pressure, in atmospheres, for each of the following with n and V constant.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd