New Bankruptcy Law ? Where?s the Consumer Protection?

You should be able to find several indispensable facts about debt consolidation in the following paragraphs. If there’s at least one fact you didn’t know before, imagine the difference it might make.On April 20, 2005, President Bush signed into law the Bankruptcy Abuse and Consumer Protection Act, a piece of sweeping legislation that brought about the most sweeping changes in personal bankruptcy law in the last quarter century. This bill, which takes effect in October 2005, passed with the overwhelming support of both parties of congress, claims, through its very name, to offer ?consumer protection.? Does it? How are consumers ?protected? by this bill?The purpose of the new leg…As your knowledge about debt consolidation continues to grow, you will begin to see how debt consolidation fits into the overall scheme of things. Knowing how something relates to the rest of the world is important too.

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