$32K in credit card debt at 28% interest.....

[Buena Fortuna]

Originally Posted by Ace$nyper

I see this all the time, people are already figuring the loop holes of the new bankruptcy laws.

What bothers me the most, if you know how to do this, you can have a pretty darn good life and "get away" with it.

While I understand hard times, I am a grad student after all the majority I see is just, spending more then you have.

There are no more loopholes...that's why they can legally charge 28%. Coming out of individual BK without unsecured debt to repay is virtually impossible after the last changes to the BK laws