Originally Posted by Happy
plus a lot more stringent requirements to file bankruptcy.
Credit card companies seem to offer lots of incentives and easy credit AFTER the new bankruptcy law passed, as now they can get their money back one way or the other, though the cost associated to getting a deadbeat to pay is probably high and not worth it.
Just to end this useless discussion, I thought I'd set the record straight. I am amazed at the insensitivity of some of the people who responded to my original post. I did have health insurance 9 years ago, but a catastrophic illness far exceeds insurance limits. We were left owing $150,000.00 for medical bills, which we paid. We also paid back Citi Bank the entire debt that was included in our BK. We were simply unable to pay them at the same time we were paying for medical bills. The arrogance demonstrated by some of those who responded to my questions is only exceeded by their lack of compassion for another person's heartbreak!