I just finished working the Ask-A-Lawyer for Law Day (May 1st every year) on the public television tonight. I was there all day. I handled most of the bankruptcy questions all day. I made it on TV a couple of times when the TV crews came in started filming (almost always in the background). I participate in it every year. From my perspective, I get to learn from the questions that people ask and the lawyers who answer in their area of expertise. I heard some truly heartbreaking stories from people who are in debt and have no way of affording an attorney of getting out.
The situations would have tough enough under the old law, but now things are virtually impossible for them. One woman cried several times as she told me about how her husband left her with all kinds of credit card debts and now she is going to lose her house because she can't make the payments on it either. In the time since her husband left she has become disabled but it will take two years to get a settlement from the Social Security Administration.
It just goes to show that when it rains it pours.
I heard from a man who used his credit cards gambling at the local casinos. He learned the hard way that they don't build casinos on winners.
Actually, I heard several stories today of people whose husbands, wives, sons or daughters used their credit cards to gamble at the casinos and lost massive amounts of money.
I heard another man whose employee had embezzled massive amounts of money from him.
Anyway, now I'm tired after a long day of answering legal questions.
I want out of this business. I hate not being able to help people. People need to have hope for the future. Under the new bankruptcy law, people can't get out of debt and they can't bankrupt them either. I think this contributes to a casino economy mindset -- as in: "I can't get ahead unless I win a jackpot at the casino."
I honestly wonder just how popular the casinos would be if Okies made higher wages sufficient that they could save for the future.