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Will the bankruptcy laws become more lenient seeing as it seems the whole world is going bankrupt lately?

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Will the bankruptcy laws become more lenient seeing as it seems the whole world is going bankrupt lately?

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If you are in real bankrupt scenario, there may not be any need for laws to be amended somewhat. The best way to weigh this in is to talk to your friends and relatives, seek advice and then to a qualified lawyer. This site looks like a good and free resource for people in your situation: http://www.managingbankruptcy.

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It depends…if Obama wins and the Democrats win control of the House and Senate…we “may” see alterations to the Bankruptcy Reform Act which was passed under Bush…….I would like to see changes….especially regarding the issue of student loans.

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