A Presumption of Abuse
By Eugene Crane, Esq.
October 2006
A distinguished bankruptcy attorney and trustee examines the chilling effect of the new federal bankruptcy law on those filing for bankruptcy, their counsel and bankruptcy trustees. The new law sanctions attorneys for their clients’ failures, errors or misreporting. It also creates a presumption that consumer debtors have engaged in wrongdoing and are undisciplined abusers of credit.