Was this a piece of Dodd-Frank?
I don’t know if it was good or bad. I do know that the bankruptcy laws need to go back to what they were, and be inclusive of school loans as well as tax debt.
Somewhere along the way we got real crappy towards the poor, and real good to the banks and attorneys, the auto pawns and payday loan centers.
Consumer Financial Protection Bureau is the poster child of bad bureaucratic legislation.
Class action suits inevitable reap huge profits for the lawyers and do nothing for the “complainants”...nothing in the bill to stop individuals from seeking justice if they have a case...