Monday, October 24, 2005

BARF!

BARF! aka Bankruptcy Abuse Reform Fiasco! became effective last Monday, October 17, 2005.

This new bankruptcy law, backed by lenders and credit card issuers, is trying to put bankruptcy attorney's out of business. That is, under BARF!, attorneys can't advise their clients how to deal with the law.

Ergo, we have a bona fide CATCH 22 - If an attorney advises a client, the government can fine the attorney, and if the attorney fails to advise the client, the client can also sue the attorney!

The only thing bankrupt is the logic behind this BARF!, oops...'Reform!' Oscar Wilde said it best: "It is often with the best intentions that some of the worst work is done." This 400-page magnum ugly opus is pure unadulterated BARF!

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