Reply #12: It's the new bankruptcy law

[OldLeftieLawyer]

They're doing everything they can to lure people - not people like us, who pay off their credit card balance every month (before it's due, actually) - into getting themselves in over their heads with credit card debt, since it's now exempt for personal bankruptcy filings.

This just means they want to go after your salaries, houses, property, whatever kinds of liens and judgments they can get on errant debtors.

They're rapacious.