I don’t think bankruptcy is a sexy political issue. Don’t get me wrong: I think bankruptcy policy is critically important to working families. In a world with inadequate health insurance, job insecurity, predatory lenders, family break ups and plain old financial mistakes, bankruptcy can be a family’s last chance to get back into the economic mainstream. But no one sees bankruptcy in their future, and those who have been through it want to forget, so there is no special interest group for the protection of bankruptcy laws.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1250684