Reforms
to the bankruptcy law bring major changes in the way consumers discharge
debts when filing for bankruptcy protection. For one, consulting
a credit counselor is mandatory under the new law.
If credit card companies
were really concerned, they'd spend their marketing budget on
educating consumers rather than ensnaring them, says Barbara
Whelehan.
Reforms
to the bankruptcy law bring major changes in the way consumers discharge
debts when filing for bankruptcy protection. For one, consulting
a credit counselor is mandatory under the new law.
