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Reply #13: That's what they did with the bankruptcy "reform" bill [View All]

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liberalhistorian Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-06-09 11:43 PM
Response to Reply #4
13. That's what they did with the bankruptcy "reform" bill
in 2005. Debtor's attorneys had to sign an affidavit affirming the truth of a bankrupty client's filing in regards to their listing of their debts. This meant that the attorneys had to spend hours more researching the matter to ensure that, if a client omitted a debt in his filing or if he misrepresented an amount or a debt, he wouldn't risk sanctions and disbarment. Yet they couldn't charge any more for that, even though they could easily spend over a day's work on it.

Creditor's attorneys, however, were totally spared such nonsense even if THEY were less than truthful on their own responses and filings, which, as we all know, creditors often do and will misrepresent debts.
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