Bankruptcy: No Longer the Last Refuge of Patriots

The President today signed into law the rigid new bankruptcy regulations Congress passed a few weeks ago. If you find yourself over your head in debt, you've got far fewer options today than you did yesterday. Four years ago, after the terrorist attacks in New York and Washington, President Bush asked us to go on with our lives as normal, continuing to spend and keeping our consumer-based economy afloat. If any of your debt was incurred in these patriotic endeavors, we greatly appreciate your efforts, but you're on your own now. Good luck to you.