Bankruptcy law has been a topic for debate for the US Government. Go online to read President Barack
Obama’s proposal for reforming bankruptcy law at:
http://www.nbcnews.com/id/25586249/ns/politics-decision_08/t/obama-proposes-changing-bankruptcy-laws/#.Xd3ABW5FxeV
Search the Internet for additional information about his proposed reforms.
Respond to the following items:
Give arguments either in support or opposition to the President’ s proposals.
In your reasoning, be sure to reference the impact of the most recent changes in bankruptcy law.