Charley Foster on Bankruptcy Reform

Charley at the State of the Beehive has a good evenhanded analysis of the bankruptcy reform bill that has been making its way through Congress. He sometimes represents clients involved in bankruptcies. Having once worked for an installment loan department of a bank where I represented the bank’s interests in bankruptcy cases, I was interested in what he had to say. He feels that both sides have been distorting the issue, but that the chief controversial feature of the bill really isn’t that controversial. It’s worth the read.