Execrable Bankruptcy Law Goes Into Effect Monday

There are reports that the number of bankruptcies has surged in recent weeks (last week it was 102, 863 compared to an average of 30, 000 per week for the previous 4 years) as people try to file their paperwork before being subsumed under the auspices of The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 signed into law by President Bush on April 20, 2005 after a pusillanimous display by Congressional Democrats.