Under early American law, the bankruptcy code was designed to protect lenders and citizens who could not repay their debts for whatever reason, and who could lose their homes, all their assets even end up in prison as a result. But after an economic crisis in the 1890s, Congress overhauled the bankruptcy system to protect debtors. But last week , Congress overwhelmingly passed a bankruptcy reform bill that makes it harder for debtors to start over. Some say the move was necessary to hold people to their financial responsibilities.
Critics say it sets back consumer rights a hundred years.
This hour, we will discuss the new reform bill and the arguments for and against it. A harmonica virtuoso who feels at home in a blues club or on stage with the symphony . Boston University . All rights reserved.