Even though we hear all the time about "credit abusers" and "nere do wells" who spend above their means and then claim bankruptcy (which in my opinion is way too easy to do in this country) the majority of us are like lotsocats. We are conscienceously paying off debts such as credit cards and student loans, and many times; doing without or putting off major purchases for fear of being buried in debt. These citizens deserve to be recognized for their efforts and not slapped in the face by some Congressional Action that pats dead beats and "shop-a-holics" on the back by "sweeping their debts under the rug" of so-called Economic Compassion. Also, there would emerge from the woodwork even more "shifty" lawyers and falsly acclaimed, TV and Junk Mail heralded, Non-Profit Orgaizations willing to help us "interpret" (for a fee) these new decrees to our benefit; when the only ones who end up benefiting are the lawyers and organization employees.
Okay done preaching for today.
(maybe LOL) TLK