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Stop The
Unfair Bankruptcy Law
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If the
credit card companies have their way, families who are struggling to
juggle family, bills, work and health care expenses are about to be
thrown in virtual debtor’s prison for 5 years if they can’t keep up.
Congress is giving the credit card companies a $1.5
billion gift (as if they need it!) in the form of a tougher, unfair
and unbalanced bankruptcy law.
You may think it can’t happen
to you, but don’t be so sure. If you lose your job, battle cancer
(even with good health care coverage) or get divorced, you could be
in a tough spot, stuck with a budget designed by the feds for
the next FIVE years!
This legislation even pits single
parents against the credit card companies when they are trying to
collect child support!
This is a very serious issue and the
only reason we’re even talking about it is because the credit card
companies that made $30 billion in profits last year have given over
$2.5 million to elected officials. They want to squeeze every last
dime out of consumers.
You can’t squeeze blood from a stone,
but they will try.
Our government is borrowing $600 billion
a year from other countries, which we have no plan for paying back.
But when American families end up with unmanageable debt, your
elected officials want to punish them. Something is not right
here!!
We need to address the real reason why consumers are
getting in debt, including sky high interest rates, lack of
affordable health care, low wages and
underemployment.
Most people
try hard to pay their bills. Bankruptcy court is the last place any
family wants to end up. But with the new law it will be almost
impossible for people to make a fresh start.
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