They didn’t want to be accountable for their actions
They didn’t want to be accountable for their actions. The credit card companies were fed up with this so they lobbied to have the laws updated. It is now known as the Bankruptcy Abuse Prevention and Consumer Protection act of 2005. I have followed the most recent banking trends and it seems that debt settlement is something they are in favor of over bankruptcy.
Tags: abuse prevention and consumer protection act of 2005, bankruptcy abuse prevention, bankruptcy abuse prevention and consumer protection act, consumer protection act, credit card companies, debt settlement